TAPFIN is able to provide support of any element of the project/services procurement process that the client chooses to delegate. SPM can be provided as a standalone offering or it can be an integrated part of a larger offering (such as TAPFIN vendor management) to manage the two areas of discretionary spend that you may find is your largest concern.
| Gain the business intelligence required to make more informed decisions and gain more control over spend, the process, vendor performance, etc. |
| Place your project manager in position of responsibility, ensuring that your requirements are clearly documented, that vendor solutions meet the requirements, that deliverables meet expectations, and that you are "getting what you paid for and expect" |
| Reduce cycle time and review time required through reuse of templates, approved docs |
| Repeatable process for better leveraging of resources |
| Involvement from functional groups to protect your interests (legal, risk management, etc.) |
| Entice your suppliers to provide services at more attractive prices as they gain more business |
|
Improved cycle time, reduced time required for supplier interaction, and improved quality of supplier services |
| Opportunity to proactively address % of spend with MWBE |
| Pre-defined rules of engagement for how organizations are to engage the program team and for how suppliers are engaged |
| Understand which vendors are delivering consistently (and which are not) |
| Manage vendor performance to drive higher quality services |
| Leverage relationships with high performing vendors |
| Identify non-performing vendors and coach to a higher level of performance or sever relations |
SPM Solution Profile