Sourcing and procurement
Grow profits, mitigate risk, and transform spend management with our strategic sourcing and procurement services.
Reimagine procurement to deliver strategic enterprise value
Inflation and supply chain disruptions are making the job of procurement professionals more complex than ever. Chief procurement officers are expected to drive down spend and cut costs, as well as proactively manage supplier risks, optimize cash flow, drive supplier innovation, and enhance user experiences and supplier relations.
They can create enterprise value by implementing seamless source-to-pay processes that build resilience against economic volatilities and contribute to ESG goals by driving responsible sourcing practices across their company's supplier base.
Genpact's sourcing and procurement team helps you achieve all this and more. We combine practitioner-led domain knowledge, smart processes, and data-tech-AI expertise to design, transform, and run procurement operations for large global organizations. We focus on sourcing, category management, tail spend management, integrated procure-to-pay operations, best-of-breed procurement platform implementation, and target operating model design.
Our impact
Dropbox cuts its procurement cycle by 50% and counting
Our solutions
Procurement-as-a-service
Genpact's cloud-based procurement-as-a-service solution, built on ServiceNow's Source-to-Pay Operations platform, elevates the user experience and reduces maverick spending.
Rethink procurement target operating models
Design your procurement operating model with the right-skilled staff, streamlined processes, and digital technology to become a sleek and efficient value creation partner.
Sourcing and category management: A strategic approach to spend management
Our strategic sourcing and category management services transform profitability, increase spend under management, and lower operating costs.
Tail spend management
Optimize spend, rationalize suppliers, save costs, and enhance user experience with our digitized tail spend services that boost overall spend under management.
Integrated procure-to-pay
Transform working capital, user experience, and decision-making by aligning procurement and accounts payable.
Procurement spend analytics
Genpact's spend analytics solution combines technology and analytics experts to provide spend visibility and insights across an organization's supply base.
Source-to-pay analytics
Our source-to-pay analytics services combine digital technologies and procurement expertise to bring sharper insights and market intelligence to end-to-end procurement activities.
Cora APFlow
Cora APFlow is our SaaS-based accounts payable solution, which intelligently automates AP processes to streamline payments, improve cash flow, enhance supplier relationships, and cut costs.
Awards and accolades
ISG GROUP
Leader
ISG Provider Lens™: Procurement BPO and Transformation Services
2023
EVEREST GROUP
Leader
PEAK Matrix®: Procurement Outsourcing Service Provider
2023
HFS RESEARCH
Enterprise Innovator
HFS Horizons: Sourcing and Procurement Service Providers
2022
ISG names Genpact a leader in procurement outsourcing and transformation services
Why Genpact
Genpact brings together a unique mix of sourcing and category management expertise, procurement operations know-how, and digital capabilities. Our sourcing and procurement team has over 18,000 experts delivering services to more than 300 clients.
320+
global clients
$78
billion spend managed
40+
delivery centers
How we think
- Operational excellence
ISG names Genpact a leader in procurement outsourcing and transformation services
Read the report- Environmental, social, and governance
Driving ESG progress for Zalando with indirect sourcing insights
Read the ebook-
Banking and capital markets
We help financial services companies win in the digital economy and shape the future of banking.Learn more -
Consumer goods and retail
Integrated, intelligent operations that forecast and act on fast-changing consumer needsLearn more -
Healthcare and life sciences
Building a better ecosystem of drugs, devices, and healthcare to keep people safe and wellLearn more -
Insurance
Genpact helps global insurers, reinsurers, and brokers adopt intelligent digital transformation and build future-fit target operating models.Learn more -
High tech industry
Transform your high tech operations, sales, and supply chains to drive seamless experiences and accelerate growthLearn more -
Manufacturing
Transform and modernize your manufacturing operations to build the agility and intelligence you need to thrive in the futureLearn more