Reduce spend by up to 20% through personal accountability, operational clarity, budget adherence, identification of inefficiencies, approval processes, elimination of unauthorized spending, data-driven decision making, resource optimization, risk mitigation and a substantial cultural shift towards cost-consciousness.
Ongoing price reductions on your procurement needs. Better pricing is accomplished through auto-bidding, contract negotiation, group purchasing, price benchmarking, supplier performance evaluation, dynamic pricing analysis, volume discounts, supplier collaboration, demand forecasting, price comparison engines, and compliance-driven sourcing.
NSGBO created a leading spend management platform that provides procurement, invoicing, expenses, and supplier management solutions to help organizations optimize their spend and streamline procurement processes.
NSGBO helps organizations reduce costs by automating procurement, expenses, and invoicing processes, providing spend visibility, and improving supplier collaboration. It also enhances efficiency by eliminating manual tasks and optimizing workflows.
NSGBO offers robust integration capabilities and can be tailored to fit your existing systems. It's scalable, allowing for easy expansion as your organization evolves.
NSGBO employs robust security measures, including encryption and access controls, to protect your data. It also offers compliance tools to help organizations adhere to regulatory requirements and industry standards.
Formed in 1988 as the IT department of Navisource Solutions Group, NSG Back Office has a storied history deeply entrenched in the intricate realm of spend management. Our journey began with a focus on pioneering strategies for Fortune 100 companies to comprehensively oversee and optimize their financial outlays. Spend management, a nuanced discipline, involves the strategic orchestration of an organization's expenses, encompassing facets such as procurement, supplier management, budgeting, and granular cost analysis.
NSGBO, as a comprehensive spend management solution plays a pivotal role in project management. The platform provides the necessary tools and insights to effectively plan, execute, and monitor projects. Through streamlined procurement processes, budget tracking, and real-time spend visibility, NSGBO ensures that projects stay on course, with resources allocated efficiently and costs controlled effectively.
The planning phase is foundational to the success of any endeavor, and NSGBO excels in facilitating meticulous planning processes. The platform offers robust planning tools, enabling organizations to set clear objectives, allocate resources optimally, and establish budgets with precision. By harnessing data-driven insights and automation, NSGBO empowers organizations to create comprehensive plans that lay the groundwork for successful outcomes.
NSGBO is instrumental in achieving success by driving cost efficiency, process optimization, and strategic decision-making. Through spend management solutions that enhance visibility, control, and collaboration, organizations can confidently measure success in terms of reduced costs, improved supplier relationships, and streamlined operations. NSGBO enables organizations to not only set the stage for success but also consistently attain and surpass their objectives, contributing to sustained growth and competitiveness.