4C Associates and Axiom partner to accelerate digital procurement transformation
Procurement consultancy 4C Associates works with clients to build resilience across commercial, supply chain and operations services. Meanwhile, Axiom is a single integrated platform that delivers ‘Tail Spend’ (the amount an organisation spends on low-value, low-impact purchases that are not strategically managed) automation - integrating the different requirements across the various segments of tail spend, combining a premium buyer experience, complete control through a proprietary procurement control centre, and an intuitive content hub for suppliers, all programmed and automated around each client’s procurement strategy.
According to a release from the firms, 4C Associates and Axiom "share a common vision of making procurement simpler, smarter and more user-centric". By combining independent procurement transformation expertise with the Tail Spend solution, the partnership will help organisations bridge the gap between strategy and execution; reducing implementation risk, accelerating technology adoption and improving compliance.
Joe Gibson, associate partner at 4C, commented, "Successful procurement transformation is about more than implementing technology. It’s about creating buying experiences that people actually want to use. Our partnership with Axiom brings together best-in-class procurement consulting and an intuitive Tail Spend platform, enabling organisations to accelerate digital transformation, increase adoption and deliver measurable business value. We’re excited to help our clients simplify procurement while maintaining the governance and control they need processes, and unlock sustainable value across the business."
As the procurement technology landscape become increasingly complex, organisations are looking to create simple, intuitive buying experiences without compromising on governance, compliance or control. The partnership will support clients across the full transformation journey, from procurement technology strategy and solution selection through to implementation, integration, change management and ongoing optimisation.
Alistair Cane, chief revenue officer at Axiom, added, "We’re delighted to be working alongside 4C whose expertise in strategy development and operational delivery dovetails perfectly with our Sourcing & Tail Spend platform to provide a truly best-in-class solution. Never has it been more important to deliver change at speed and with genuinely measurable results. Our technology layer integrates autonomous sourcing, a self-regulating or Autonomic Marketplace, along with Agentic-powered automation of the long tail to empower the 4C-powered transformation strategy."
