Taming Tail Spend: How a global hospitality company achieved $47M in actual savings

ProcureAbility secured $47M in savings through data cleansing, supplier negotiations, and contract standardization. We also improved procurement visibility, optimized supplier relationships, and enabled a “touchless” P2P process.
Office Building Tall 2

A global hospitality company faced a major procurement challenge just as it prepared to implement a cloud-based P2P system. At the same time, with plans to enforce a strict “no PO, no pay” policy, the business struggled with limited visibility and control over $295M in tail spend, spanning 48,000 items and more than 2,000 suppliers. Moreover, without standardized supplier contracts or procurement governance, the organization risked uncontrolled spending, increased supplier risk, and missed savings opportunities.

Our impact and results

$0M

in cost savings

$0M

in Spend Under Management

0

new supplier contracts standardized

New

touchless P2P Process implemented

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