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Company Overview
At Procure Analytics, we are passionate about driving continuous value by utilizing cutting-edge technology and implementing customized solutions in various categories to service our 900+ member companies.Headquartered in Atlanta, Procure Analytics is the leading tech-enabled leveraged procurement organization, leveraging $1.5B+ in buying power to achieve up-front and ongoing savings for member companies.Procure Analytics was founded to address the complex challenges of frequently ignored indirect and tail spend categories.
With indirect and tail-spend making up a large percentage of a company’s overall spend; these categories are under-managed and highly complicated for most organizations.In the last decade, Procure Analytics has grown from 2 employees and $5 million in total managed spend to approximately 100 employees and more than a billion dollars in spend, while maintaining its high-touch service model and member focus. Procure Analytics has continued to evolve, adding new categories and geographies in response to members’ needs. Procure Analytics is the fastest-growing company in its sector.Procure Analytics’ team serves as an extension of their member organizations, leading change management, driving adoption, and increasing compliance at member locations, while providing analytical tools, savings reporting, and buyer training to drive continuous value growth for mid-size to Fortune 500 companies.
These services, resources, and data analytics are provided at no cost to members. Procure Analytics services companies across a broad spectrum of sectors with blue-chip customers.Procure Analytics has a very collaborative, humble, and values-driven culture that upholds these guiding principles:
- Act with integrity and in compliance
- Drive value creation
- Be disciplined entrepreneurs
- Be innovative
- Be accountable
- Treat others with dignity and respect
Strong Private Equity Ownership
In December 2021, Genstar Capital invested in Procure Analytics, along with a large rollover from Bregal Sagemount and the management team.Genstar Capital is a leading private equity firm actively investing in high-quality companies for over 30 years. Based in San Francisco, Genstar has developed a strong market reputation of working in partnership with management teams and its network of strategic advisors to build industry-leading businesses while generating outsized returns. Genstar’s vision is to help build lasting, impactful companies that will continue to succeed well beyond their ownership.Genstar currently has approximately $33 billion of assets under management and targets investments focused on targeted segments of the software, industrials, healthcare, and financial services industries.
In 2020, Genstar was ranked 2nd worldwide in aggregate private equity fund performance (out of 529 PE firms) and ranked 3rd in 2019 (out of 497 PE firms) by HEC-Dow Jones. For more information, please visit www.gencap.com.
The Opportunity:
Driven by significant investments in technology, we are dedicated to advancing our member-centric solutions with even greater agility. Our pioneering utilization of technology and data science to deliver ongoing value to our members distinguishes us as a leader in AI-driven services across industries.As an Analyst, you will collaborate with a dynamic team at our Atlanta office, contributing to project support for our esteemed clientele.
Key Responsibilities:
- Analyze large data sets from members/suppliers to identify and categorize indirect spend and provide a preliminary assessment of cost reduction opportunities using MS Excel, Power BI, and other business intelligence tools and prepare resulting presentations.
- Perform detailed data analysis to assess the effectiveness of current pricing models & analyze technical specifications of products, and annual volumes to benchmark SKUs with identified supplier partners/ category contracts.
- Act as a liaison between customers and suppliers to produce business proposals and required documentation for integration into the PA programs.
- Manage and execute various projects for members, including benchmarking, consolidation, categorization, savings analysis, and optimization.
- Collaborate with Procure Analytics’ suppliers to conduct pricing analyses, ensuring clients receive precise pricing and are equipped to negotiate competitive Total Cost Ownership (TCO) proposals.
- Provide timely updates to internal stakeholders and customers on project progress.
- Undertake additional responsibilities as delegated.
Requirements
The Person:
We are seeking an individual with a strong analytic mindset, capable of grasping the overall goal while processing very detailed data. The ideal candidate is bright, driven, and curious with a demonstrable background working with data to create insights and solve problems. Strong organizational skills, excellent presentation skills, and a focus on customer service are a must. You are a team player in all respects of the opportunity.
Required Skills:
- Strong data management and analysis capabilities.
- Proficiency in Excel functions, including building pivot tables and handling large datasets.
- Demonstrated excellence in communication with internal and external stakeholders, with a focus on customer service.
- Ability to work independently with minimal supervision while managing multiple projects, customers, and priorities simultaneously.
- Strong presentation skills.
- Results-oriented mindset with meticulous attention to detail.
Desired Skills:
- Proficiency in Microsoft PowerPoint
- Familiarity with CRM platforms, particularly Salesforce
- Experience with advanced Excel functions, such as developing macros.
- Exposure to business intelligence (BI) tools
Required Qualification:
Bachelor’s degree in business or engineering with 2 - 4 years of experience
