Local spend management IT solutions provider Intenda (Pty) Ltd has broken into the healthcare market and will implement its spend management solution throughout the Medi-Clinic Group.
Medi-Clinic is an established leader in the private hospital industry in South Africa, commanding a market share of 23%.
Having already established itself in the mining and public sectors, Intenda's holistic approach to the spend management environment makes it the only local company that provides a total end-to-end solution.
According to Linus van Onselen, Medi-Clinic's Director: Procurement Services, the group recognises the need to focus on procurement spend to contain operational costs, and on approaching procurement in a uniform way, thus ensuring the high standards for which the group is known, are maintained. The group supports the health charter's targets for procurement spend and such a focus would assist it in achieving the targets.
A recent study by the Aberdeen Group shows companies continue to be concerned with cost containment in today's unpredictable economy, which has forced them to look hard at all areas for savings. It states that cost containment has been a corporate mantra since the turn of the 21st century. With continued global economic instability, executives have been watching the bottom line, as the top line had little movement upwards. With its direct impact on profitability statements, indirect purchasing came under scrutiny and many firms eked out improved performance by reducing the costs of day-to-day operational goods through procurement optimisation activities like category spend management.
To this end, Intenda combines toolsets, custom built modules and extremely talented and qualified human resources, to ensure the end result will not only add value to the customers it serves, but also ensure it differentiates itself from its competitors.
Intenda managing director Etienne Fourie says customers like Medi-Clinic can achieve tangible bottom line benefits by adopting this approach. "In the evolution of the spend management market today, Intenda has broken down the strategic steps required to ensure the customer's needs are addressed and met every step of the way. Companies can now easily take ownership of their sourcing, contract, supplier and procurement management lifecycle."
The total solution suite, known as the Intenda Solution Suite, comprises different streams that can operate independently, or as an integrated solution. These streams include request for sourcing, quotations, RFx, contract management, purchase management, supplier management and spend analysis.
Benefits of the Intenda Solution Suite include:
* Reduced business costs.
* Compliance and policy enforcement - the assurance that all sourcing activities comply with the client's rules, regulations and policies, and in the case of government clients, the SCMF, MFMA, PPPF, etc, as prescribed by National Treasury.
* Best practices - a complete application accessible from the desktop makes it easier to use best practices at every step from analytics to contract management.
* Knowledge management - empowering the purchasing function helps to improve sourcing metrics, encourage collaboration with stakeholders, and enhance knowledge transfer through commodity strategy development and data analysis.
* Transparency and visibility - Company-wide collaboration is enabled in a painless manner when trusted tools and cooperation is delivered, support is provided for executive visibility into the process, and greater alignment with the client's goals are achieved.
* A single supplier database, with accreditation and management capabilities.
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