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Client Success Stories
Accenture Procurement Solutions
Aravo Supplier Information Management has enabled Accenture Procurement Solutions (APS)
to realize major process efficiencies in helping clients streamline
operations, improve purchasing efficiency, and reduce supply costs. As a
result, the company can now support dozens of customers with only a few
staff members, and first catalog submission error rates have dropped from
85 to less than 5 percent.
States of Florida and North Carolina Working with Accenture and Aravo Supplier Information Management, the state of Florida's procurement organization recently launched a project that required registering over 40,000 suppliers-and was able to go live with 80 percent of these suppliers and their 793 catalogs in only four months. A similar initiative in the state of North Carolina was equally successful, with 70 percent of more than 25,000 suppliers with 550 catalogs enabled in a six-month period.
Oracle Upon completion of a project conducted in Europe, the Middle East, and Africa (EMEA), the Asia Pacific (APAC), and the Americas with Aravo Supplier Information Management, Oracle expects to realize global savings of $4.9 million- resulting in a 12x ROI. In EMEA, the company also doubled the number of catalogs implemented each month, reduced first submission catalog errors from a rate of 35 to 40 percent to just 2 to 5 percent, and increased spend under management from 45 percent to 75 percent without adding full-time employees.
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