Infosys BPM has announced that the company has been named as a leader in the IDC MarketScape: Worldwide Procurement as a Service 2018 Vendor Assessment report with doc #US42630617, February 2018. According to the report, Infosys BPM has been rated highly for the amount of spend managed and specifically its breadth of offerings across the Source-to-Pay (S2P) value chain. Moreover, the company is recognized for the expertise in processes across business functions.
The report adds that Infosys ProcureEdge proprietary S2P solution is a key component in driving a strong assessment. the research methodology adopted to prepare the report make use of a rigorous scoring methodology based on both qualitative and quantitative criteria. The output is delivered in a single graphical illustration of each vendor’s position within a given market.
While the capabilities score measures vendor product, go-to-market, and business execution, the Strategy score deals with the alignment of vendor strategies with customer requirements in a 3-5-year timeframe.
Commenting on the development, Alison Close, Research Manager – Worldwide Outsourcing Team, IDC disclosed that Infosys should be on buyers shortlist when looking for end-to-end procurement as a service solution from advisory to operations to technology.
Close added that Infosys integrated Source-to-Pay solutions coupled with a practitioner-driven, design-thinking and data-driven approach to service delivery. iT had enabled the company to transform client procurement, standardization including reduction of operations cost. the technique will also increase end-to-end visibility into the procurement function on behalf of clients.
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