Streamline the process, and control the costs. Today, corporate procurement leaders must find innovative ways to manage spend and generate cost savings.

We aim to provide a seamless process, whether requisition to Purchase Order (PO), delivery management and expediting, or Accounts Payable (AP) invoice processes. We focus on quality, cost, delivery, and compliance through Service Level Agreements (SLAs) and Key Performance Indicators (KPIs).

Our customized solutions manage your requisition, delivery, invoicing, transaction, and order-to-cash operations across regions and worldwide. Our solutions control waste, manage suppliers and further amplify efficiencies within your purchasing stream—tail-end spend is just the beginning. We have maintained several long-standing partnerships with procurement tools and technology providers to optimize your procurement process.

With our global footprint, we have the ability to source all of your desired goods and services. We are committed to identifying cost saving opportunities and developing strategies to cluster and centralize similar goods into contracts that are easier to administer and offers increased savings to our clients. Beyond our ability to source the right goods and services, at the right price, quality, quantity, and time we are also adept at sourcing from some of the best suppliers around the globe.

Our suppliers receive exceptional onboarding instructions and they have access to our Corbus Supplier Portal (CSP) where we track, manage, and fulfill orders. We continually evaluate our terms and conditions as well as the quality of goods/services our client’s receive to ensure that our suppliers continually add value to the relationship.

We help you identify unmanaged or wasteful spending while supporting your efforts to eliminate unnecessary costs. With our extensive industry knowledge, we can accurately evaluate your supply sources to bring you the best mix of quality, price, and regional availability. We help advance your tail-end spending initiatives—which increases your savings and offers enhanced compliance.

Our global footprint gives us expertise in vendor and supplier management. On your behalf, we manage the sourcing and procurement transactions for each of your vendors and suppliers. By effectively managing your supplier base, we liberate your procurement team so that they can focus on more strategic activities.

Many providers will offer indirect strategic sourcing services that covers categories such as office supplies, MRO, and janitorial services. Corbus covers all the basic services you’d expect from your supply chain management provider and so much more.

In an effort to offer a more complete and enjoyable service offering, we’ve expanded our service offerings to provide Executive Professional Services to our remarkable clients around the globe. When is the last time you reviewed and benchmarked your external or internal audit programs? How about a complete review and RFP concerning stock transfer agents, legal fees, banking fees, or ExpPat programs?

Corbus has the expertise, benchmark data, and digital capabilities to reduce cost variables while maintaining the quality of our supplier relationships and devoting the time to our clients that executive programs require.

Supplier development is the foundation of establishing long-term and prosperous relationships with suppliers. At Corbus, we ensure that our client’s resources are utilized wisely in the supplier pre-qualification process. With our strong domain expertise in direct materials and our impressive digital emphasis, we generate supplier assessments and audits to enable our clients to make quick and well-informed decisions.

Corbus utilizes a methodical approach and framework to encompass supplier discovery, supplier qualification, RFx management, and part qualification. The assessment includes an onsite audit to gauge the general and financial capability, technical and manufacturing capability, quality systems, and overall capacity of the suppliers. Our research and analytics team also aids in secondary research to further identify the best suppliers and build an initial supplier profile before proceeding to the contract stage.

We also own RFx management. We engage in the First Article Inspection and continual purchases and ensure the supplier meets client expectations by tracking KPIs through our Digital Tools that provide insightful metrics and reports.

Supplier management is often undervalued. Ensuring that your organization has a robust performance and risk management program can unlock incremental value of your existing contracts and supplier base.

With our in-depth domain expertise in a variety of industries, and our ability to manage direct and indirect processes, we are highly experienced at tracking supplier performance. In addition to common delivery and quality KPIs, our clients can tap into the Corbus library of category specific KPIs to objectively assess the performance of their suppliers.

Supplier management is never complete unless supplier performance is tied directly to the overall risk that the supplier carries. Our impressive and comprehensive risk assessment framework provides a 360 view of the financial and operational stability of each supplier. The framework utilized enables our clients to integrate other third party risk ratings into the equation so that a comprehensive risk rating is discovered.

Spend reporting and visibility is essential in monitoring and optimizing the downstream activity of Source-To-Pay operations. As data and digital experts, we know this process has a high potential for digitization and automation, especially in the shared services sector.

Our dedicated data analysts, working on AP data or PO data, will deliver action-oriented insights to our clients so that they can holistically evaluate their sourcing functions and provide visibility on important spending and compliance metrics.

We are adept at extraction, cleansing, and categorizing data per relevant schema. We deliver spend reporting KPIs ranging from compliance metrics such as after fact purchases to opportunity identification.

Corbus supports your entire analytics process by collecting, cleansing, collating, classifying, and enriching data to identify category-specific opportunities. We identify, develop, and implement leading process improvements to reduce costs throughout your supply chain.

Our Source-To-Pay analytics framework integrates spend analytics to leverage and derive action-oriented insights such as supplier consolidation opportunities and contract negotiation potential.

We can offer you touchless invoice processing, PR to PO creation, ERP, data entry, etc.

We have the AI capabilities to offer natural language processing, intelligent character recognition, etc.

We designed a customizable chatbot to help you resolve all your level-one vendor queries on Payment Status, Short Payments, etc.

We provide our clients with organizational-wide dashboards, reports, and cubes.

We provide end-to-end automation of contract creation and contract data updates all the way to the ERP and analytics stage.

We consolidate data from disparate sources by cleaning the data and then sorting it to display relevant data. This data is then presented as a 360-degree view of your entire business.

We can automate the flagging process of all your duplicate payments by utilizing probabilistic matching of invoice numbers, supplier names, etc.

We can automate the GL Reconciliation Process using reconciliation templates and scripts.