G42

Client Overview:

• Client: G42 Holding Ltd

• Industry: Technology holding group, Artificial intelligence

• Region: Abu Dhabi, UAE

Rollout Timeline:

• 24 months (2023–2024) – Delivered a global template solution in three phases: Australia & Spain, Canada, and Germany & UK

Problem:

• Contract spend: Limited number of competitive bidding events and contract coverage.

• Maverick spend: Very significant amount of maverick spend.

• Automation: Lack of digital adoption on the S2O domain (MS Dynamics or manual activities).

SCP Solution:

• P2P System implementation: Phased approach to module implementation with Coupa Sourcing and Contract Lifecycle Management (CLM) going live in 2022, and then implemented the Procure-to-Pay (P2P) solution, including Coupa Inventory, Invoicing, Spend guard and Analytics. Post the 2024 go live SCP has subsequently rolled out Coupa to 212 G42 legal entities.

• Custom integrations: Developed bespoke solutions to integrate Coupa with G42’s ERP and master data management system, including a dynamic approval chain.

SCP Value Proposition:

• Innovative approach: Provided comprehensive analysis of business processes, developed custom integrations through aligning with the ERP processes being configured, and delivered a business spend management solution that went beyond standard implementation.

• Methodologies used: Extensive process analysis, integration development, and joint training and testing.

Resolution:

• Coupa CLM and RPMS modules: Implemented modules for supplier onboarding, supplier information management, and contract signing (via DocuSign).

• Spend and process automation: Implemented P2P and Invoicing to automate procurement processes, and to bring about spend visibility. Supported business with Analytics reporting capabilities to assist with decision making.

• Integrated solution: Implemented alongside G42 ERP, bringing about synergies and added benefits through an integrated solution for business.

Outcomes:

• Enhanced Spend Visibility: Tracking by supplier, item, contract, and price improved.

Key Metrics:

• Invoice approval cycle time: 1.87 days 

• Requisition approval time: 7.8 days 

• Catalog rate by order amount: 94%, in line with industry leaders 

• PO-Backed Invoices: Currently 68% 

• Suppliers enabled by SIM process: 51% higher than industry leaders