It’s common for procurement teams to lose visibility in the procure-to-pay (P2P) journey. Team silos and gaps in systems and communication can lead to these challenges:
We combine technology and specialized expertise to improve your procurement performance – from insight to execution. Uncover and reclaim overcharges, maximize your contracts’ value, and implement smarter spending.
Gain insights to improve your procurement cycle’s accuracy, efficiency, and compliance.
Unpack your data to identify cost-saving opportunities aligned with your financial goals.
Finding discrepancies and overcharges is just the first step; we will also work with your vendors to recover your funds.
Get a complete view of your procurement cycle to ensure total transparency and control.
Benchmark vendor performance and ensure they meet your company’s expectations.
Ensure your decisions are based on accurate data that provides reliable insights.
“The Transparent team is trustworthy and cares about our success. They continuously share progress reports and support the further development of our P2P process.”
“Transparent has been instrumental in helping us gain valuable insights from our data. Their accounts payable recovery audit service has helped us identify and correct past errors, and triggered organisational improvements to prevent future cases, significantly improving our Accounts Payable controls. Thanks to Transparent, we now have better control over the credit note recovery process and an enhanced visibility over these flows.”
“Supplier statement reconciliation used to be complex and time-consuming for us. With Transparent handling this, we can now focus our AP resources on core activities. Their experienced expert team does most of the heavy lifting, minimizing our involvement. Transparent’s findings helped us improve our internal processes that led to duplicate payments in the past. We appreciate Transparent’s independence, quick and easy implementation, and disproportionately rewarding results.”
“Transparent has proven to be a valued business partner for Edgewell’s Global Business Services. Starting with accounts payable post-audits, they have expanded their support to unclaimed property and vendor statement reconciliation, providing valuable insight, personalized solutions and exceptional support. My advice to anyone considering Transparent is to build your relationship on collaboration, trust and shared goals. Explore Transparent’s range of services to improve your business performance and ease the burden on your team.”
“The project results exceeded our expectations, especially in comparison to our experiences with other providers in the past. As a result, we were able to implement various process improvements.”
“Transparent recovered erroneous payments and identified weaknesses in our AP processes. The team was very supportive and pleasant to work with.”
“Transparent’s AP audit is a valuable control tool. It goes beyond simply checking supplier payments and offers several benefits, such as an improved ability for Old Mutual to recover funds and additional insight into our existing processes. Partnering with Transparent has been a positive, professional and productive experience, characterized by good performance and clear communication.”
“Working with Transparent helped us recover funds and understand our processes in a way we could never do on our own. We simply don’t have the specialized tools or dedicated resources to do what Transparent does. And I don’t think any company could commit that much internal capacity to achieve these results. Every year, they give us something new to learn from.”
“In my 20 years of experience in various analytical roles in procurement and finance, I’ve found that the biggest hurdle for procurement leaders is that they have little or no visibility into the end-to-end process. This lack of insight is both inefficient and costly. At Transparent, we examine procurement data from every angle to provide clarity and help our clients (re)gain control and improve the procurement process.”
Massimo Rotili, Spend Reduction Expert
Find everything you need to know about our procurement performance management services.
Our analysis is powered by human insight. Beyond algorithms and automation, our team’s industry knowledge and analytical skills enable us to find discrepancies and understand the story behind the numbers. This human touch allows us to identify savings and improvements that software alone might miss.
We bring over 20 years of audit experience to everything we do – from our technology to our people. We don’t just find discrepancies; we also actively work with vendors to recover your funds. Our approach goes beyond confirmation; it’s about improving the value and effectiveness of your contracts in the real procurement environment.
We only require the necessary data to conduct a comprehensive analysis. We will show you how to extract the necessary tables from your ERP system and upload that data securely to our platform. Our IT team will support you to ensure a seamless and secure data transfer. Alternatively, we can extract the data ourselves if you provide the necessary permissions.
Whatever the case, our team will guide you through every step and ensure a smooth and efficient process.
Security is at the heart of what we do. We achieve this through SOC2 Type II compliance and robust security measures within our Azure environments, including 24/7 Managed Detection and Response, GDPR compliance, and comprehensive Microsoft Defender modules.
We will not outsource your data – any information we handle stays within our clients’ respective regions. Access is exclusively via Azure Virtual Desktop, with multi-factor authentication, SQL Server encryption, strict data segregation, and encrypted portals for all data transactions. Our data security team is always available if you need a deeper insight into our security protocols.
