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Press Release

How to Bring Together IT and Procurement for Better Business Performance

Source One and Corporate United partner on new whitepaper to help bring together Procurement and IT stakeholders
WILLOW GROVE, PA, September 12, 2017 /24-7PressRelease/ -- Source One Management Services, premier provider of strategic sourcing and procurement services, releases new whitepaper titled Equipping Procurement to Tackle IT Spend: Building Successful Relationships with Stakeholders. The whitepaper is produced in partnership with leading Group Purchasing Organization (GPO) Corporate United (CU). Together, Source One and CU aim to help Procurement groups work more effectively and collaboratively with IT stakeholders.
Since Source One's inception in 1992, IT and Telecommunications strategic sourcing has been a core service offering for the spend management firm, which celebrates its 25th Anniversary this year. Leveraging the experience gained through decades of earning procurement a seat at the table when it comes to IT spend, Equipping Procurement to Tackle IT Spend takes a detailed look at the seemingly conflicting motivations of both business units and offers solutions for overcoming the common challenges companies face when looking to align Procurement and IT. The whitepaper also features real-life case studies of the wins experienced when organizations bring together IT and Procurement.
"While we are seeing a growing number of companies leveraging Procurement in a more strategic capacity, there's often a few road bumps along the way when it comes getting and maintaining stakeholder engagement. This is even more so challenging in typically 'untouched' categories of spend, like IT," explains David Pastore, Head of Source One's IT and Telecom sourcing practice. "A key component of our strategic sourcing strategy at Source One is understanding stakeholders and making sure their input is captured throughout the process. This whitepaper aims to help Procurement teams with that crucial step, by shedding light on the common misconceptions IT teams may have about Procurement - and how they can overcome those challenges to work together in a way that produces the best results for the business."
The Equipping Procurement to Tackle IT Spend whitepaper comes off the heels of Source One's sponsorship of Corporate United's The Road to SYNERGY events that took place over the summer. As the leading GPO's exclusive provider of IT and Telecom strategic sourcing, Source One has a long history of helping CU members reduce costs and optimize their IT and Telecom budgets. Later this year, Source One will be taking another step to help procurement professionals everywhere with the relaunch of its eSourcing tool, WhyAbe.com. The new version of the eSourcing tool will feature added functionality and an improved user experience, as well as a subscription-based model of the tool for Procurement teams. WhyAbe 2.0 is expected to launch early Q4 2017.
About Source One
Since 1992 Source One has been the procurement services provider of choice for forward-thinking companies looking to reduce costs and improve the performance of their procurement and supply management operations. With decades of experience leading spend management initiatives, Source One boasts a full portfolio of procurement services ranging from Spend Analysis and Strategic Sourcing to Procurement Transformation and Supplier Relationship Management. Acting as an extension to client resources, Source One's team of experts provide a wide range of category subject matter expertise, market intelligence, and procurement best practices to deliver bottom-line impacting results. To learn more about our procurement services, visit us online at: http://www.sourceoneinc.com/consulting-tools/sourcing-and-procurement ... -overview/.
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