Celonis for Procurement

Take full advantage of your existing contracts

Highly manual requisition processes, lack of transparency into available contracts, and limited standardization across PR-PO processing - all common, but all too often the reasons why POs go out the door without a referenced contract, leaving money on the table.

During a time when prices are rising, it’s more important than ever to take action to improve spend under management. Identify requisitions without contracts and automatically applying the appropriate contract to ensure the contractual terms, conditions – and prices – apply.

Operate with suppliers’ true lead times to improve reliability

Inaccurate lead times in the master data result in delivery date changes by the supplier that cause last-minute sourcing, strained supplier relationships, and in the worst case - delays to production and customer orders. Without a mechanism to assess patterns in suppliers’ on-time delivery, procurement teams are left reacting to crises.

Operate with insight into suppliers’ true performance, leverage intelligent recommendations to correct lead times in the master data, ensuring improved supplier performance.

Identify value-add steps and eliminate the ones that aren’t

Manual changes to purchase orders, goods receipts, and other documents can be necessary, but without insight into which touches are adding value, it’s challenging to ensure your team is working effectively.

Leverage intelligent insights to identify repetitive price changes, contract reference updates, and other manual touches to take action to improve your first-time-right rate going forward.

Don’t let free-text orders drive up processing costs.

Free-text requisitions typically put the burden on your procurement team to comb through existing contracts, vendors, and catalogs to appropriately direct spend where possible. And where there’s an existing contract available, many systems don’t automatically link it to the PO — leading to POs going out the door without the contracted price or terms.

Leverage free-text analytics to automatically match and reroute free text requisitions to catalog items where possible to maximize catalog usage, improve productivity and streamline procurement processes.