REDUCING COSTS & MITIGATING RISKS

So much has changed within the past few years, with inflation increasing drastically, that businesses are looking at ways to reduce costs and mitigate risks in order to safeguard their businesses through increasing fluctuations of economic turmoil.

Business Challenges
Business Challenges
  • Multiple systems & data – inefficient, fragmented, non-connected processes add risk for buyers and their suppliers.
  • Control over Spend – missing awareness of all spend sources and non-compliant spending.
  • Financial Leakage, bottom line impact and associated business risk - without visibility and control means inefficient end-to-end S2P processing and lost opportunity for cost reduction, improved profitability and risk mitigation
Value Proposition
Value Proposition
  • Unified Spend Platform – provides ability to understand and control all Procurement spend.
  • End-to-End S2P Processing for Buyers, Suppliers and Users.
  • Digitalization and simplification of Sourcing, Contracting, Buying and Supplier Management processes.
  • Improve Profitability through processing and solutions to provide savings, cost reduction & discount management.
Business Value
Business Value
  • 36-48% fewer Compliance & Risk Management FTE’s
  • $20m savings (per $1bn spend) realized through non-contract leakage
  • 40-50% operating cost reduction due to efficiency gains
  • 4-15% Average Unit Price reduction

Your personal apsolut contact

Lein Elsonbaty
Lein Elsonbaty
Consultant
+44 (0) 203 716 0155
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Events

SAP Innovation Day for Finance and Spend Management

Join us on 3rd April 2025 in Zurich for the SAP Innovation Day for Finance and Spend Management! Learn from inspiring customer success stories and transformation journeys – including our customer Pilatus Aircraft, who will talk about their e-procurement journey and the associated business goals.

 2025-04-03 Zurich, Switzerland

SAP Innovation Day for Finance and Spend Management

SAP Spend Connect Innovation Day Germany

Make your procurement fit for the future and exchange ideas with other procurement experts. Discover, for example, new AI use cases that will really optimise your processes. Our customer STIHL will report on its global Ariba project, focusing on indirect procurement.

 2025-04-08 Offenbach am Main

SAP Spend Connect Innovation Day Germany

IntegrityNext Xplore World Tour

The IntegrityNext XPLORE World Tour is making a stop in Hanover. We will be there and look forward to networking with you in a relaxed atmosphere. Don't hesitate to talk to us about how you can integrate 3rd party tools from the ESG area into your SAP architecture using apsolut Fluid.

 2025-05-08 Hannover

IntegrityNext Xplore World Tour

World Procurement Congress

Amplifying productivity, fuelling growth – under this motto, the World Procurement Congress provides unparalleled insights, invaluable networking opportunities, and engaging social interactions with business leaders that you won’t find anywhere else.

 2025-05-14 London

World Procurement Congress

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