The AA is one of the UK’s most trusted motoring organisations. Their legacy end-to-end source-to-pay platform burdened Joseph and his team with lots of manual data entry which left them prone to missed deadlines.
Here’s where Nomio helped:
“None of the solutions we looked at would ‘plug and play’ as simply and as easily as Nomio did”
“We had a legacy end-to-end source-to-pay platform that did everything okay, but wasn't best-in-breed in a number of areas, contract management being one of them. Data capture was a highly manual activity. We were missing key deadlines.”
”We looked at a few solutions. The biggest concern about Nomio was ‘does it perform as it's selling on the tin?’, which it absolutely has. It’s fantastic.”
“We just don’t have to worry about uploading contracts. It just happens perfectly every time, all the time”
“A Procurement Manager would have done an entire piece of work around uploading contracts and chasing up the business where it's. This doesn't exist anymore today.“
”We just don't have to worry about uploading contracts. It just happens perfectly every time, all the time. We negotiate a contract one day and suddenly have the insights the next day that have been automatically uploaded to the solution.”
“It makes procurement’s life a lot easier”
“With contract renewals, one of the big challenges most big source-to-pay platforms have is that expiration dates and all that sort of information are added manually. It’s always prone to errors and mistakes. We had a few cases where we had missed renewals or been late, which were commercially detrimental. Nomio helps avoid commercial pitfalls like that.”
”We know exactly where our inflation risks are. That can be done in a matter of hours, and the focus is more on mitigation strategies to address them. Nomio increases the visibility of key causes that, before, could be quite commercially exposing if we had missed them.”
“Nomio has massively reduced the amount of time we spend understanding where our risk exposure is”
“Finding out how exposed we are with our major IT and critical providers would be a hugely manual exercise and wouldn't be conducted because of the amount of work. Once we were live with Nomio, we could utilise it to look at the contracts across our biggest IT providers and understand very quickly where our risk exposure was. It massively reduced the amount of time we had to invest.”
”In the past, it was two months of evaluation to understand where our inflationary risks are. With Nomio, that can be done in a matter of hours. It allows things like inflationary risks to become an instant data point you can extract.”
“The value we get back versus the investment we put in is really high”
“The value we get from having Nomio is how quick it is to implement and the price point versus some of these really big end-to-end source-to-pay solutions makes it a no-brainer.”
“Nomio set themselves up as very much software supported by people, which I think is really key. The client management team are really responsive. We've had zero issues.”
“The simplicity of Nomio is fantastic”
“Nomio is one of those self-training solutions - anyone can pick it up. You don't need massive training on how to use it. You can learn how to use most of it just by looking at the solution, which is great. There's very little time that's invested by us to maintain the platform going forward.”
”Managing contracts below £100,000 before was quite a blind spot - we wouldn't be getting any oversight that those contracts are being done correctly. Nomio takes that away by forcing anything that is signed via our contract solution to end up in the solution automatically. Nomio does that really quickly.”
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