Procurement Outsourcing

The Bajan Group has developed a Procurement Service Center business model for Procurement Outsourcing that enables our clients to utilize through Procurement Outsourcing, both strategic and tactical components of their source to pay requirements. The Procurement Service Center delivers a single vendor through Procurement Outsourcing scenario through which each client uses The Bajan Group’s web based procure to pay system for the procurement of some or all of their required goods and services through Procurement Outsourcing. All orders are delivered to suppliers electronically under The Bajan Group’s name. Goods are delivered to the client who placed the order (or The Bajan Group warehouse). The Bajan Group pays all invoices through Procurement Outsourcing to the suppliers and delivers an electronic file to each client. The electronic files is imported into the clients general ledger and books the expenses to the appropriate cost centers and the amount owed to Bajan for the goods and services that were purchased through Procurement Outsourcing.

AP Outsourcing

As part of our value proposition, The Bajan Group offers our AP Outsourcing services on a performance basis. As such, The Bajan Group’s clients are guaranteed that their AP Outsourcing cost savings will exceed The Bajan Group’s fees. The Bajan Group documents all AP Outsourcing cost savings monthly (which are hard dollars only) and compares the total savings to The Bajan Group’s fees. If The Bajan Group’s fees are greater than the AP Outsourcing savings, The Bajan Group credits the client for the difference.

The Procurement Service Center will provide clients with cost reductions by providing:

AP Outsourcing:

• Access to category expertise
• Strategic approach to procurement of goods and services
• Access to Spend Analytics
• Opportunities to aggregate spend with other companies
• Eliminate tactical activity in the accounts payable process
• Eliminate tactical activity in the requisition and purchasing process
• Implement spending controls
• Recapture corporate resources
• Eliminate manual processes that are paper based
• One integrated system for Source to Pay
• Gain visibility and spend controls