Thought Leadership
Transform Your Manufacturing Finance and Procurement Operations
December 19, 2024
Source to Pay (S2P) Solutions to Transform Your Finance and Procurement Operations, Simply.
Manufacturing finance and procurement teams are under a lot of pressure. Costs are going up but there is consumer pressure to keep prices down. Disruptions to supply chains, sustainability expectations and cost instability. It’s a lot to try and manage. Gaining complete visibility and control over your spend is crucial to be able to thrive.
Our S2P transformation and automation solutions are designed specifically for the manufacturing industry. We offer a cost-effective way to transform your operations and drive measurable value. Helping you achieve full cost control, operational efficiency all without disrupting your business.
Our Experience and Understanding of Manufacturing
We work with some of the leading Manufacturing companies across the region.
Our team has extensive experience working with a range of manufacturers. We know each is unique and has its own challenges and opportunities. We’ve guided each of them to achieve full spend visibility and control. Helping them overcome some of these common challenges:
Supply Chain Resilience
Recent global disruptions have underscored the need for resilient supply chains. Manufacturers need to focus on diversifying their suppliers. Businesses need to build more flexible procurement strategies to ensure continuity and efficiency.
Complex Supply Chains
Most manufacturers have multi-chain, diverse suppliers from all over the world. This can make it difficult to manage supplier performance, compliance and procurement costs.
Manual and Disjointed Processes
All the manufacturers we’ve worked with are tied in with legacy platforms. This reliance usually comes hand in hand with manual workflows. This leads to inefficiencies and errors but importantly, a lack of spend visibility.
Cost Pressures
Recent rising interest rates and energy prices have had a big impact on businesses. Manufacturers are facing instability due to changes in raw materials and greater competition. This strain on profit margins means businesses need stringent cost control measures.
Regulatory Compliance
Regulations and standards continue to evolve across markets. Manufacturers face an increased risk of non-compliance and associated penalties. Businesses need flexible and automated compliance management with their suppliers.
How S2P Transformation and Automation Can Resolve These Challenges
We have seen first hand the difference optimised and automated S2P processes can make. Utilising our 30+ years experience in driving best practice, we know what drives value. Our solutions are designed specifically to resolve the challenges manufacturers face. We evolve your processes towards best practice so that they continue to drive more value. All while not disrupting your day-to-day business operations. Here are some of the key value drivers our customers enjoy:
Optimised Supplier Management
Our solutions give you total control of your supplier relationships. Our integrated platforms provide end-to-end visibility of all your supplier interactions. Greater performance and compliance management can be more effectively managed through this automation. Driving improved supplier collaboration, a reduced risk profile and lower procurement costs.
Automated Workflows
Smart automation is at the heart of our solutions. There are many tasks in the source to pay process that are ripe for automation. In some cases completely cutting previously manually completed tasks. This frees up your staff, improves efficiency, reduces errors and decreases cycle times.
Complete Spend Visibility and Control
We integrate all your procurement data points into one single source of truth. Powered by configurable procurement workflow and controls, you can enjoy complete spend control. With advanced analytics and reporting tools you can get detailed spend data insights. This enables better, quicker decision-making and cost management.
What Our Customers Say About Us
Aaron Passfield Head of Procurement, HammondCare
“Valtatech’s unique offer and extensive cloud and digital transformation experience meant they were the perfect implementation partner for our Coupa Business Spend Management implementation project. Valtatech’s cloud-based eInvoicing technology also enabled us to set up a system with very little disruption to the business, our partners, or teams on the ground.”
Hanako Kato Corporate HQ General Manager, Konica Minolta Business Solutions Asia
“Valtatech has been an invaluable partner during the process of transforming our procure to pay (P2P) system. The project has helped us to reduce costs, identify risks and improve value delivery across the business; while providing the visibility and insights my team and I require to improve risk mitigation, due diligence processes and governance.”
Case Studies
- HammondCare Source to Pay Implementation Case Study
- Scania Australia P2P and ERP Integration Support
- Carousell Coupa Implementation
- Konica Minolta Business Solutions Asia Procure to Pay Transformation
Why Choose Valtatech?
Industry Expertise
We have extensive experience in manufacturing and we understand your unique challenges and requirements. We provide customised S2P automation solutions that align with your specific business goals. Meeting those unique needs and challenges.
Our Focus On Business Value
Value is ultimately a common vision of what success looks like. It’s visibility. It’s savings. It’s user adoption. It’s compliance. It’s best practice. It’s all that combined. It’s what we define, together, as our shared goal. Value is what we measure, what we strive for.
Partnership Approach
To help drive value, we work with you in an open and transparent way. We are with you every step of the way, sharing the risks and rewards. Your success is our success – that’s what we call a partnership.
Comprehensive Integration
We integrate with all your existing platforms and systems. This means you don’t need to upgrade all your other systems to achieve spend visibility. Integrating with existing platforms also reduces the impact on your existing business processes.
Proven Track Record
Trusted by leading businesses across APAC, our expertise is backed by successful projects. Our proven track record demonstrates our ability to deliver measurable value and ROI.
Our Approach: Delivering Measurable Value
We’re committed to transforming your finance and procurement operations through automation and optimisation. Our tried and tested approach is designed to deliver ongoing value. We are committed to maximising your investment and driving tangible results.
We focus on delivering measurable value, tailored to your unique business goals. Spend visibility, cost savings, enhanced control, or improved compliance. We’ll make it happen. Our collaborative approach ensures we are aligned to your goals from start to finish.
Our three-step process—Define, Execute and Advance—guides you through the journey. From creating a tailored strategy to implementing technology and driving ongoing optimisation. Our team of experts will deliver your project on time, on budget and exceed expectations.
Learn more about Our Approach.
Ready to Take Control of Your Spend?
Unlock the full potential of your finance and procurement processes. Gain complete control over your spend, drive efficiency and achieve sustainable business growth.
Contact Us today to learn about how we can help you transform your finance and procurement operations.