Premikati, Inc. is a woman-owned, WBENC-certified management consulting and business process outsourcing firm specializing in procurement and supply chain solutions. Founded in 2009 and headquartered in Indianapolis, Indiana, Premikati assists both buyers and sellers in optimizing procurement strategies and operations. The company employs a team of procurement executives, attorneys, contract management professionals, Six Sigma Black Belts, and certified Change Masters with extensive experience working with Fortune 100 companies. As an SAP Gold Partner and global SAP Ariba BPO Partner, Premikati leverages SAP Ariba technology to deliver comprehensive contract management services to large enterprises and mid-market companies, effectively eliminating barriers to digital transformation. Key Features and Functionality: - SAP Ariba Buying and Invoicing: A comprehensive procurement solution that helps businesses manage expenses, automate procurement processes, and ensure compliance with financial policies. - Premikati Marketplace: An online platform that allows businesses to perform procurement shopping with an intuitive interface, offering features like virtual cards for spend visibility and fraud security. - Procurement Transformation: Guidance for companies through a complete transformation of their procurement processes, including people, processes, and technology considerations. - Change Management: Services that help companies drive and sustain change through risk and readiness diagnosis, stakeholder management, and workforce transition programs. - Process Improvement: Establishing a core capability around continuous process improvement to create value and competitive advantage. - Technology Implementation: Implementing procurement technology to ensure it fits the unique needs of the company. Primary Value and Solutions: Premikati addresses several critical pain points for businesses: - Cost Savings: Assisting mid and large enterprises in achieving significant cost reductions for recurring purchases such as office supplies, furniture, and computers. - Risk Mitigation: Reducing supplier contractual risk through contract management services and insurance certificate tracking. - Process Efficiency: Eliminating paper-based processes and increasing the velocity of purchasing through technology and digitization. - Visibility and Compliance: Enhancing status visibility into all steps of the purchasing process, including spend analysis, sourcing, contract management, supplier information management, purchase orders, and payments. - Center of Excellence Development: Assisting in developing a purchasing center of excellence and creating a value-added shared service center for organizations. By offering these solutions, Premikati empowers businesses to streamline their procurement processes, reduce costs, mitigate risks, and drive overall operational efficiency.