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Xchanging plc has signed a five year Procurement Outsourcing contract with Alexander Mann Solutions (AMS), a leading global Recruitment Process Outsourcing (RPO) provider.
The contract will see Xchanging manage indirect procurement spend on behalf of Alexander Mann Solutions across the UK, Germany and Denmark. Xchanging will also provide a fully managed global procure-to-pay service including transaction processing and systems, and order management.
The contract will provide Alexander Mann Solutions with process efficiency gains and technology-enabled standardisation across their procurement processes.
Xchanging manages annual indirect spend of over $1 billion on behalf of large corporations and services multi-sector customers across a range of geographies and industries. It offers a complete suite of services from sourcing-to-pay services for procurement. Xchanging has been recognised as a tier one Procurement Services provider globally by the Everest Research Institute and the number one Procurement Outsourcing vendor in Europe for four consecutive years by the Black Book of Outsourcing. The contract with AMS will be the largest Procurement Outsourcing contract for Xchanging and one of the largest of its kind in the industry.
Gordon Stuart, Chief Financial Officer at AMS said, “Outsourcing our global procurement processes is fully aligned with our commitment to provide the best resourcing solutions to our clients. With Xchanging managing our end-to-end procurement processes, we can better focus on growing the RPO relationships we have and delivering the highest level of service to our clients. Xchanging’s proven expertise in procurement and global processing capabilities make them a clear preferred partner for us.”
David Rich Jones, Executive Director - Global Procurement, Xchanging stated, “AMS has an impressive vision for growth. As a leading outsourcing organisation, it understands the powerful competitive advantage that non-core process outsourcing can provide to a business. Xchanging will leverage its global business processing capabilities to provide AMS with the best combination of people, processes and technology to deliver cost and efficiency benefits. This partnership will significantly expand Xchanging’s procurement services presence and we look forward to being the global procurement processor of choice for AMS.”