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  • Procurement

Strategy & Transformation

8-Element Approach

At Nitor, our belief is that true transformation requires a cultural shift driven by behavioral change in your organization. Our 8-Element approach is a proven methodology to help you move your organization from where it is today to the vision you have for tomorrow.

These 8-Elements are the foundations that support successful Procurement organizations and forms the basis of Nitor’s Procurement Strategy & Transformation services.

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Nitor has established world-class benchmarks on the 8-Elements of successful Procurement organizations. Our cross-industry experience and market studies have determined the people, process, and technology aspects that make a company "emerging," "average," or "best-in-class." We work with key business process owners for each of the 8-Elements to define where you are today, where you want to be tomorrow, and the actions that will bridge that gap.

Nitor's 8-Element Assessment methodology delivers the following outputs to enable sustainable source-to-pay transformation for our clients:

  • Benchmark Analysis
  • Gap Analysis
  • Transformation Roadmap & Priorities
  • Business Case & ROI

Following an assessment, actually executing the recommendations and transforming the source-to-pay environment is what creates change. Nitor goes on the source-to-pay solution journey with our clients and helps create and build the new people, process, and technology foundation across all 8-Elements.

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