On the evening of 3 July, members of Mitie’s DSP (Digital Supplier Platform) and Procurement teams attended an awards ceremony at the London Marriot Hotel to celebrate the Computing Digital Technology Leaders Awards 2024.
Computing Magazine is a long-standing publication for over 50 years and is a credible and trusted source for end-user IT news, analysis and insight from around the world. Their awards offer a unique platform for companies to showcase their expertise and innovations, gain recognition, highlight their achievements and set benchmarks in the computing industry.
The Mitie Digital Supplier Platform were finalists for “Digital Project of the Year” with stiff competition from the likes of Sainsburys, Cap Gemini and Network Rail.
We are delighted to announce that the Mitie DSP team came away as very worthy winners! With the judges commenting how the platform has “revolutionised facilities management through digital transformation and innovation, delivering process enhancements, improved visibility, and millions of pounds in savings!”
Shaun Carroll, Group Director of MSS & Chief Procurement Officer at Mitie said “Well done and congratulations to the Mitie DSP Project team on their award win. Implementing Coupa into the organisation has been instrumental in removing manual tasks and creating a more efficient streamlined source-to-pay process. I am particularly proud of the results that we have achieved so far, and this recognition is testament to all their hard work and dedication. I would also like to thank our Procurement, Finance, Operations, Shared Services and IT teams who have all played a huge part in making this project a success”
More about the DSP Project…
Since its launch, over 500K POs, totalling more than £1bn in value, have been processed through the DSP. With 99% of DSP POs electronic, and ‘touchless electronic invoicing’ achieved for 98% of invoices, 99.9% of all invoices are backed by a PO.
The DSP serves as a single source of truth for supplier data and management information, enabling the rationalisation of Mitie’s supply base from 15,000 to 8,000 suppliers. This consolidation of spend with preferred suppliers ensures the best value for money. The DSP has delivered double the expected savings since its inception, with the precise commercially sensitive value, running into tens of millions of pounds, measured and reported in the P&L, significantly benefiting Mitie.