Prchus is a cloud-based procurement analytics platform that helps optimize indirect spend through strategic management. It leverages data and analytics to provide insights, actions, and outcomes for procurement professionals. By automating processes like market intelligence collection, Prchus reduces costs while providing a 5x ROI. It aims to address the lack of knowledge in procurement by delivering daily updated market data through mobile-enabled tools.
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Prchus applications leverage data and high-
performance analytics to deliver maximum
value through the strategic management of
indirect spend.
Proprietary & Confidential
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The sourcing of the goods & services that
are consumed within a business.
Indirect Procurement is
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Optimizing this could result in
Increase in Company Profit Margins
Based IBM CPO Survey 2013 and Procurian 2012 white paper You’re Missing The Point!
1-3%
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If approached strategically
“Non-payroll (indirect) spend management should be
handled with the same rigor as supply chain
management. Unfortunately, this is rarely the case.”
The Hacket Group 2012
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Internal clients are asking for this
“The current perception of the indirect
procurement function is one of a tactical
support function rather than a strategic
business partner.”
Proxima/Nelson Hall 2012
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But relevant knowledge is missing
“CPOs typically recognize a distinct lack of
sufficient resources both to have market insights
and up-to-date market intelligence across all
indirect categories.”
Proxima/Nelson Hall 2012
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Prchus is changing that
Cloud based, mobile enabled
Daily data updates, one-click refresh
Reduced production burden and errors
Prchus Market Intelligence
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While providing a 5x ROI
Hours/month a Category Manager
spends collecting Market Intelligence16:
Average annual fully burdened cost
of a US based Category Manager$102,000:
Annual cost of time spent on manual
collection of Market Intelligence$9,792:
Annual Per Seat cost of
Prchus Market Intelligence
$1,800:
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Insights
Actions
Outcomes
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We are planning much more
Market Intelligence
Cost/Spend Data
Supplier Impacts
News and Events
Social Data
Predictive Analytics
Process Automation
Suggested Actions
Should Cost Modeling
Scenario Planning
Savings Realization
Metrics Attainment
Quality Improvements
Cost Center Analysis
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Team & Roles
Sean Roach, Founder
• Client Services Executive at
Procurian
• IT Services Category Manager at
Dell
• Director, Business Development
at Calliduscloud
• Vanderbilt University, Economics
• John Hooks, Cloud2Ground Technologies: Data Science, Corporate
Development
• Art Sarno, Consultant: Marketing and Technology Partnerships
• Matt Lyons, Andrews Kurth: Legal
• Doug Mangum, Wells Fargo: Banking
Consultants & Advisors
Partners
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• Companies spend 20-30% of revenue on indirect
goods and services.
• Only 15% of companies are considered “high-
performing” in their management of this spend.
• Procurement lacks the knowledge required to be a
strategic partner to business units
• Optimized indirect procurement can increase
corporate profits by 1-3 percentage points
• Prchus leverages data and high-performance
analytics to enable procurement to deliver this value.
Proprietary & Confidential
Key Takeaways