Vendor Analysis
published on May 20, 2021
Report Overview:
This NelsonHall vendor assessment analyzes Cognizant's offerings and capabilities in Procurement Transformation.
Who is this Report for:
NelsonHall’s procurement transformation profile on Cognizant is a comprehensive assessment of Cognizant’s offerings and capabilities, designed for:
- Sourcing managers monitoring the capabilities of existing suppliers of procurement transformation services and identifying vendor suitability for procurement services RFPs
- Vendor marketing, sales, and business managers looking to benchmark themselves against their peers
- Financial analysts and investors specializing in the F&A and Supply Chain services sector.
Scope of this Report:
The report provides a comprehensive and objective analysis of Cognizant’s procurement offerings and capabilities, and market and financial strengths, including:
- Identification of the company’s strategy, emphasis, and new developments
- Analysis of the company’s strengths, weaknesses, and outlook
- Revenue estimates
- Analysis of the profile of the company’s customer base, including the company’s targeting strategy and examples of current contracts
- Analysis of the company’s offerings and key service components
- Analysis of the company’s delivery organization, including the location of delivery locations.
Key Findings & Highlights:
Cognizant's Digital Operations arm offers procurement business process services (BPS) as part of a broader set of F&A offerings. The focus is on P2P processes as an extension of services provided to these F&A clients, leveraging a proprietary platform, consulting frameworks, analytics, and automation to offer a seamless payables process with touchless transactions across P2P processes. Cognizant also offers sourcing support services and is looking to increase the number of engagements that involve S2C services.
Cognizant also offers S2P platform implementation through its enterprise application services business.