Procurement Opportunity Assessment Service

Generating savings from industry-specific Procurement improvements

Procurato helps organisations achieve cost reduction. Having delivered this service across multiple industries and in both direct and indirect categories, we design tailored programmes that provide full spend visibility and drive measurable value across the entire business.

Why carry out a Procurement Opportunity Assessment?

Procurement plays a central role in managing costs, often under pressure from inflation and supply chain disruption. While Opportunity Assessment addresses this priority, it goes further, focusing not only on savings but on optimising how procurement supports the wider business. At Procurato, we believe true value comes from understanding where money is spent, how categories are managed and how processes fit together. That’s why our assessment provides full spend visibility and uncovers opportunities for efficiency beyond surface level savings.

We combine category expertise with data-driven insights to reveal hidden value across both direct and indirect spend. Our approach identifies quick wins alongside longer-term improvements, from supplier consolidation to capability uplift and process optimisation. Working closely with your teams, we ensure recommendations are realistic, actionable and aligned to your business goals, unlocking measurable savings while strengthening procurement’s role as a strategic partner.

How it helps your business

Cost reduction

With a tailored plan built during the Opportunity Assessment, we help you take control of cost reduction from day one.

Spend and supplier control
We go beyond the largest categories to give you a full picture of your supplier base, addressing tail spend, maverick spend, and hidden inefficiencies that often go unnoticed.

Gap identification & Operational Efficiency
With complete visibility of your spend and a clear understanding of your business priorities, we target the areas with the highest potential, closing gaps to improve efficiency.

Maturity uplift
By engaging stakeholders across the business, we identify structural and process improvements that strengthen procurement’s role and impact.

Focused support
We know procurement teams are often stretched thin. Our experts provide the extra capacity and laser-focused execution to accelerate delivery, while freeing your team to concentrate on other critical business priorities.

Overview

How it works

Procurement Opportunity Assessments are designed to be quick, efficient, and results-driven. Depending on the size of the organisation, we deliver them in just 4–9 weeks, achieving immediate impact and ensuring an in-year ROI. Beyond the initial assessment, our goal is to set you up for success with a clear path to sustainable savings.

Steps

01.

Spend Analysis  
We start by leveraging our proprietary AI-powered spend analytics platform, SpendQube. This allows us to analyse data with speed and accuracy, producing insights in a fraction of the time traditional methods require. Instead of static spreadsheets, we provide dynamic dashboards that bring visibility and clarity, making it easy for your business to understand spend patterns and opportunities.

02.

Stakeholder Interviews
Stakeholder engagement is a critical step in unlocking savings and driving real buy-in across the organisation. Through structured interviews, we identify priorities, assess appetite for change, and understand the implications of different approaches. This stage helps shape realistic and achievable opportunities, supported by benchmarks and market insights.

03.

Savings Plan
Finally, we deliver a detailed, prioritised savings plan, covering strategy through to implementation. This plan brings together insights from spend analysis, business objectives, and stakeholder input into a practical roadmap, supported by phased category charts and clear actions.

What you get from a Procurement Opportunity Assessment

Our Deliverables

Spend Analysis

Providing full spend visibility and a clear picture across the entire business which can be used outside of this project.

Category Overview

A clear baseline for each category, enabling future planning, control, goal alignment, and optimisation.

Benchmarking

Aligning spend and value with the market to reveal opportunities.

Savings plan

A detailed, prioritised savings plan that identifies quick wins and long-term opportunities, providing a clear roadmap for measurable results.

Why Procurato

We combine real industry expertise with technology that adds value. We speak the same language as your teams, avoiding consultancy complexity, and deliver insights in a clear, practical way.

Agile and adaptable, we stay aligned with your agenda even when challenges arise, always focused on delivering what we promise and leaving behind solutions that last.