Nord Anglia Education PLC
Nord Anglia Education PLC is a leading provider of education, training and childcare being strategically positioned in key sectors of the education market to deliver quality learning experiences to people at every stage of their lives.
Sequena reviewed the Purchase Ledger process for Nord Anglia to research/deliver:
- Purchase Ledger process maps with rich output of performance metrics
- Centralised vs de-centralised argument/conclusion
- Consolidated process for disparate locations
- Optimisation of resources in Purchase Ledger team
- Quick-win recommendations
- Roadmap of changes to transform the Purchase Ledger process
Findings were that the fastest way to place an order was to bypass the IT system and let Finance sort it out! Also, as in many key processes in organisations, there was a lack of ownership in the process. Policy/procedure and training not consistently enforced so multiple operating procedures resulted.
A rodamap of quick wins and fundamental changes were put in place covering policy, process and training including significant focus on procurement. The resulting net cash-releasing savings were in excess of £8,000 per month.
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