HCLTech positioned as a Leader in ISG Provider Lens™ Procurement Services - Direct Procurement Enablement and Modernization Services, 2024 | HCLTech
Analyst Firm Name
ISG
HCLTech positioned as a Leader in ISG Provider Lens™ Procurement Services - Direct Procurement Enablement and Modernization Services, 2024

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HCLTech positioned as a Leader in ISG Provider Lens™ Procurement Services - Procurement Operations Modernization Services, 2024

Direct sourcing and procurement play a pivotal role in unlocking enterprise business value through expanded efficiencies and more control over critical supply chain relationships.

For this study ISG assessed 42 companies and has recognized HCLTech as a Leader in ISG Provider Lens™ Procurement Services - Direct Procurement Enablement and Modernization Services.

“HCLTech is positioned as a Leader in direct procurement enablement and modernization due to its core services portfolio, aggressive in-house solution development and value-enabling relationships with both market-leading and disruptive solution partners.” Bruce Guptill, Principal Analyst

Key Highlights of the report:

  • Key services to support direct sourcing: HCLTech offers IT and managed services for direct sourcing. These services encompass sourcing and procurement strategy; supplier management, including onboarding new suppliers, managing performance and resolving disputes; procurement technology implementation and optimization; data analytics; and sustainability enactment and compliance.
  • In-house solution enhancement: HCLTech has been expanding and enhancing its digital procurement capabilities. Throughout 2023, it enhanced SmartBuy, its digital procurement transformation framework, to help businesses optimize procurement processes using AI.

HCLTech positioned as a Leader in ISG Provider Lens™ Procurement Services - Direct Procurement Enablement and Modernization Services, 2024

Direct sourcing and procurement play a pivotal role in unlocking enterprise business value through expanded efficiencies and more control over critical supply chain relationships.

For this study ISG assessed 42 companies and has recognized HCLTech as a Leader in ISG Provider Lens™ Procurement Services - Direct Procurement Enablement and Modernization Services.

“HCLTech is positioned as a Leader in direct procurement enablement and modernization due to its core services portfolio, aggressive in-house solution development and value-enabling relationships with both market-leading and disruptive solution partners.” Bruce Guptill, Principal Analyst

Key Highlights of the report:

  • Key services to support direct sourcing: HCLTech offers IT and managed services for direct sourcing. These services encompass sourcing and procurement strategy; supplier management, including onboarding new suppliers, managing performance and resolving disputes; procurement technology implementation and optimization; data analytics; and sustainability enactment and compliance.
  • In-house solution enhancement: HCLTech has been expanding and enhancing its digital procurement capabilities. Throughout 2023, it enhanced SmartBuy, its digital procurement transformation framework, to help businesses optimize procurement processes using AI.

HCLTech positioned as a Leader in ISG Provider Lens™ Procurement Services - Direct Procurement Enablement and Modernization Services, 2024

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