Paris – Capgemini America, a subsidiary of the Capgemini Group, one of the world's foremost providers of consulting, technology and outsourcing services, and IBX Group, the leading provider of efficient e-purchasing solutions, have announced that they will work together to develop a new, industry-first, end-to-end global procurement solution - deployed on Capgemini's BPOpen technology platform - which is expected to significantly lower the cost of procurement for clients, accelerate the return on sourcing cost savings, and enhance visibility and control of their procurement process.
This new solution jointly developed by Capgemini and IBX is expected to enable clients to incur only one-tenth of the implementation costs of traditional implementation approaches in their sourcing efforts. The solution will leveraging the combined strengths of the two companies, including industry-leading technology and processes, strong competence in both purchasing process and purchasing technology, and global delivery centers – part of Capgemini's Rightshore® delivery network – that provide cost-effective transaction processing.
"Working with the IBX Group, we've been able to develop this new solution that further enhances Capgemini's standardized global procurement processes and generates accelerated sourcing savings by leveraging Capgemini's global insight and capabilities and IBX's Procurement on-demand solutions," said David Poole, global head of business process outsourcing, for Capgemini in Americas and innovation lead for Global BPO. "We're utilizing Capgemini's industrialized Global Process Model© (GPM), in conjunction with the IBX on-demand solutions, so that our clients have access to industry-leading technologies and standardized practices."
All sets of tools within the BPOpen technology platform are quickly and readily deployable without the need to build a new system for each customer. This development is aimed at enabling clients to address all key supply chain challenges – ranging from spend visibility, to leveraged global sourcing, to process efficiency and control – resulting in the generation of sustainable value.
Key elements of the end-to-end procurement solution are:
"IBX and Capgemini have a solid relationship and a proven track record, and our best-of-breed procurement offering complements Capgemini's leading BPO offering enabling clients to reach their return on investment faster," said Leif Bohlin, chief executive officer of IBX Group. "This development brings the best of two worlds together - IBX has a deep and thorough knowledge of software-as-a-service delivery of source-to-pay technology, while Capgemini has excellent experience in managing full process outsourcing of the purchasing function."