Procurement Recipe
Best ingredients to secure a successful relationship
Best ingredients to secure a successful relationship
The most difficult thing is making the decision to act, the preparation will determine your success.
The most difficult thing is making the decision to act, the preparation will determine your success.
How is it done today
Conduct an analytical review of your current payroll environment including people, process, suppliers and outcomes. Seek an independent assessment highlighting the level of positive impact that changes may have on your business.
Learning from others
Global payroll projects can introduce high levels of risk to your payroll operations. Learning from other clients about delivery models and experiences of their supplier relationships is vitally important to assessing your delivery plan. Reach out through your professional networks to other businesses in order to accelerate your learning process.
Mandate execution
Seeking a mandate and executive sponsorship requires a compelling business case that will compete with the conflicting project demands across a global business. Construct a business plan that has a measurable impact on the business and leads to a strong, convincing return on investment. It has to demonstrate that the project is achievable and can be delivered on time and within budget.
Attaining project goals
Define your project goals, focusing on the outcomes, organisation, process change and the impact on the overall business agenda. Resulting in a plan which will demonstrate a return on investment and strengthen any business case.
Securing resources
Most projects are dependent on existing resources that are already in demand; define and name the project team and key contributors to ensure the organisation has the capability to successfully deliver. Additionally, conduct a project risk assessment highlighting the gaps and variables which will affect the delivery of the project.
Setting strategy & vision
A weak statement of work will lead to poor procurement. Define the future scope by payroll, forming the basis of the RFP. With a finely detailed description of each payroll’s processing requirements the capability of a future payroll provider can be easily assessed.
How is it done today
Conduct an analytical review of your current payroll environment including people, process, suppliers and outcomes. Seek an independent assessment highlighting the level of positive impact that changes may have on your business.
Learning from others
Global payroll projects can introduce high levels of risk to your payroll operations. Learning from other clients about delivery models and experiences of their supplier relationships is vitally important to assessing your delivery plan. Reach out through your professional networks to other businesses in order to accelerate your learning process.
Mandate execution
Seeking a mandate and executive sponsorship requires a compelling business case that will compete with the conflicting project demands across a global business. Construct a business plan that has a measurable impact on the business and leads to a strong, convincing return on investment. It has to demonstrate that the project is achievable and can be delivered on time and within budget.
Attaining project goals
Define your project goals, focusing on the outcomes, organisation, process change and the impact on the overall business agenda. Resulting in a plan which will demonstrate a return on investment and strengthen any business case.
Securing resources
Most projects are dependent on existing resources that are already in demand; define and name the project team and key contributors to ensure the organisation has the capability to successfully deliver. Additionally, conduct a project risk assessment highlighting the gaps and variables which will affect the delivery of the project.
Setting strategy & vision
A weak statement of work will lead to poor procurement. Define the future scope by payroll, forming the basis of the RFP. With a finely detailed description of each payroll’s processing requirements the capability of a future payroll provider can be easily assessed.