TAPFIN :: Services Procurement Management (SPM)

Outsourcing non-core functions may provide potential efficiencies and cost reductions; however, these projects still involve significant time and money. It's a lengthy and time-consuming process to produce and distribute RFPs, collect and review vendor responses, and select the right vendor. And once you award the business, you still need to dedicate time and effort to track deliverables and administer project details. As your dependency on these outsourced vendors grows, so will your effort to manage them.

TAPFIN's services procurement management (SPM) provides full procurement support for the acquisition and administration of outsourced projects and services vendors. Our comprehensive SPM solution includes managing, coordinating and standardizing activities related to your contract services, such as your contingent staff resources, outsourced projects and outsourced services. By applying our proven managed service provider (MSP) model to services procurement processes, TAPFIN delivers that same level of structure, visibility, cost containment, and vendor performance management.

Through the application of industry best practices and software tools, TAPFIN provides support for your full services procurement project lifecycle — from project inception and RFP creation through project delivery and completion. TAPFIN's SPM solution offers an effective way to manage three crucial, cost-intensive components of business operations: the contracted workforce, external projects, and the vendors that supply those services.

TAPFIN's MSP model focuses on the administrative aspects of the procurement model. You retain ownership of project management, quality assurance, milestone and deliverable review and direct relationship with the vendor. You also remain the subject matter expert on your specific outsourced services or projects. Our SPM professionals manage the administrative burden of the procurement process for those services and projects — allowing you to focus on the business critical objectives associated with your engagement.