Procure4 has recently launched an innovative new solution to help procurement teams overcome these obstacles and make a lasting impact: Procurement as a Service (PaaS).
PaaS provides procurement leaders with the exact combination of specialised skills and additional capacity they need to tackle their toughest projects. Whether it's navigating a crisis that requires fresh eyes and extra hands, or executing a major cost reduction initiative with a tight timeline, PaaS gives teams access to seasoned experts who can hit the ground running.
"Lack of internal resources and capabilities is a ticking time bomb for many procurement functions," says Oliver Jones, Client Solutions Director at Procure4. "PaaS enables clients to instantly expand their team with niche expertise to take on complex initiatives, without having to hire full-time."
By tapping into a flexible, on-demand model, procurement teams can finally make progress on high-impact, transformative projects. PaaS enables clients to access specialist skills outside of a “one person, one skill set” model.
With PaaS, clients can pay for, say, 2 FTE support, but that can be made up of time from several skilled procurement professionals, perfectly tailored to their needs in terms of sector experience and subject matter expertise.
The results speak for themselves, with PaaS clients reporting significantly enhanced procurement performance and value delivery.
PaaS helps clients – big or small - to do more with less, delivering impressive results that catch the attention of the C-suite. For procurement teams seeking to make a big splash with limited resources, PaaS could be the answer they've been searching for.