Symphony IT Procurement Consulting

“Symphony has helped us streamline our procurement process and brought process discipline into our organization so that it has become the norm. Symphony’s most valuable contribution is that it facilitates disparate companies coming together and working towards a common goal and successful procurement is about merging companies’ efforts.”  
                – Sachidanand Vrindavanam, Senior Director, KLA-Tencor

Does your IT department have clear line of sight into which contracts expire when and how much time will be required to negotiate a renewal?  Have you worked with internal stakeholders to prepare for the next contract renewal?

IT departments can benefit greatly by having robust procurement processes in place. A well-managed procurement process can lead to better supplier management, license compliance, audit avoidance, and reduced spending due to strong asset management.

Symphony Consulting has helped a number of businesses to lower overhead costs and get better results by:

  • Reducing inefficiencies in procurement processes
  • Developing clear and effective policies and procedures
  • Establishing appropriate controls to ensure the success of various initiatives

Symphony Consulting can manage or develop processes for your department in the following areas:

Contract Management

  • Electronic Contract Repositories
  • Processing and Administration
  • Contract Fulfillment

Audits and Compliance

  • Strategies for avoiding supplier audits
  • Manage Audits
  • Documentation development

True Up Processes

  • Establishing baselines
  • Organizational management
  • True Up order placement
  • Inter-department allocations
  • Global Software Management

Business Process Development

  • Document and develop procurement processes
  • Best practice recommendations
  • Establishing approval and signature level authority

M&A Integration

  • Review contracts during M&A assessments
  • Software license transfers
  • Global Software assessment

Asset Management

  • Provisioning processes
  • License entitlement