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Oct 16
SAP Ariba LoB Award Finalist

PREMIKATI recognized by SAP 5 Years in a Row

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Trailblazing the Path to Procurement Excellence: PREMIKATI Earns Finalist Spot for SAP’s Esteemed Global Intelligent Spend & Business Network Partner Award in 2023

In an era where digital innovation and excellence hold the keys to business success, PREMIKATI is thrilled to announce that we have been named a finalist for the SAP Global Intelligent Spend & Business Network Partner Excellence Award for 2023.

This is more than just an accolade; it’s a testament to our unwavering commitment to reshape the future of procurement.

A Benchmark of Excellence

Being named a finalist is no small feat, especially when you consider that SAP’s award exemplifies peak performance within the vast SAP network.

This prestigious honor is the fruit of our laborious efforts to not just meet, but exceed the industry benchmarks in intelligent spend management solutions.

Not Just Another Vendor, A True Partner

Our collaboration with SAP Ariba goes beyond the conventional supplier-client relationship.

As an SAP Gold Partner, we leverage cutting-edge technology to drive results that matter for our clients—savings in both time and money.

We are not just vendors; we are genuine partners in your journey toward efficient, streamlined procurement and supply chain operations.

Our Formula for Success: You

Our goal is to empower finance and procurement executives in mid-market and large enterprise companies, providing them with tools that streamline operations and facilitate growth.

Our clients are at the core of our success. Through our Ariba Center of Excellence, we bring world-class consultancy services that enable large enterprises to optimize their procurement functions to the fullest extent.

What’s Next?

We remain steadfast in our mission to revolutionize the procurement landscape, guided by a future-forward mindset.

Being named a finalist for this esteemed award fortifies our resolve to set new standards and create unprecedented value for our clients.

Our vision for the future is one where procurement and finance are not just business functions but strategic assets that propel companies forward.

To read the press release click the following link: Press Release

Aug 15

Premikati Reaches Inc. 5000

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Premikati Inc. is pleased to announce its inclusion in the prestigious Inc. 5000 list of the fastest-growing companies in the United States for 2023.

INDIANAPOLIS, INDIANA, UNITED STATES, August 15, 2023/EINPresswire/ — Premikati, a beacon of innovation and a dominant force in procurement management consulting is elated to announce its inclusion in the Inc. 5000 list of the fastest-growing companies in the United States. This highly sought-after distinction places Premikati among a select echelon of forward-thinking organizations that are not only shaping business trends but also pioneering unexplored avenues within the industry.

Inc. 5000 Reward
The Inc. 5000 list represents companies that have driven rapid revenue growth while navigating inflationary pressure, the rising costs of capital, and seemingly intractable hiring challenges. Facebook, Chobani, Under Armour, Microsoft, Patagonia, and many other household names gained exposure as honorees on the Inc. 5000 list. Companies are ranked according to their revenue growth rate over three years. To qualify for the 2023 Inc. 5000 list, companies must have been founded and generating revenue by March 31, 2019. They must be U.S.-based, privately held, for-profit, and independent as of December 31, 2022. This year’s Inc. 5000 companies have added 1,187,266 jobs to the economy over the past three years.

“Our place on the Inc. 5000 list is not just a testament to our growth but a validation of our commitment to relentless innovation and excellence,” affirmed Marisol Buchanan, CEO of Premikati. “We see this recognition as both an honor and a challenge to continue pushing the boundaries of procurement technology and client satisfaction.”

The Culture

Premikati, with its diverse team of procurement professionals and deep-rooted expertise in SAP Ariba™, has been at the forefront of technological advancements. By merging traditional procurement wisdom with modern technological tools, Premikati crafts solutions that transcend ordinary boundaries, ensuring client success.

In recent years, the company has not only demonstrated significant growth but has also unveiled groundbreaking innovations that reinforce Premikati’s status as a visionary leader in the industry. The inclusion in the Inc. 5000 list exemplifies the company’s unwavering focus on creative problem-solving, customer-centric approaches, and dedication to cultivating a culture of continuous innovation across a variety of industries, including Life Sciences, Consumer Products and Goods, High-Tech, Wholesale Distribution, Healthcare, as well as the Private Equity space.

“The future of our company is incredibly bright,” continued Marisol. “With a dedication to inventiveness and adaptability, we look forward to further enriching our portfolio of services, venturing into new markets, and maintaining our reputation as an industry trailblazer.”

About Premikati
Premikati is a leading procurement management consulting firm, specializing in entire procurement business and legal process outsourcing and implementing SAP Ariba and Icertis software. In Indianapolis, Indiana, Premikati’s commitment to innovation sets it apart, offering tailored solutions that marry the latest technological advancements with timeless business wisdom. Premikati paves the way for clients to achieve growth through efficiency and insight.

Sep 12
Premikati and SAP improve the lives of students

SAP and Premikati Improve the Lives of Students

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SAP Ariba silver partner Premikati recently completed a project that provides students, parents, and schools in Florida with much-improved access to services and financial support through the Step Up for Students (SUFS) organization.

The non-profit SUFS manages funds for The Gardiner Scholarship Program , which provides up to $10,000 each for K-12 students in Florida for tuition, equipment, therapy and other supplies. Prior to implementing SAP Ariba, parents had to pay expenses out of pocket and submit invoices for reimbursement.

The system financially strained many parents and featured an inefficient, manually intensive process for nearly 1,300 reimbursements every day. A team of 75 people manage invoices and the organization printed 100,000 checks on a quarterly basis, said Marisol Buczynski-Buchanan, CEO of Premikati, which handled the implementation.

“Their process was not sustainable nor scalable,” she said. “They were looking for technology to manage the funds and put all approved products and materials into a marketplace where parents and guardians could click to purchase.”

Vendors such as Best Buy, Office Depot, Lakeshore Learning, and School Specialty are onboarding their catalogs into the SUFS marketplace, with more on the way, allowing parents to purchase educational materials, services and tuition online.

The tuition reimbursement process and marketplace is expected to go live in January 2018, serving more than 100,000 students in 2,000 schools.

“Going forward, parents can just order the goods and services they need for the education of their children online using their smart phones while the software tracks the balance of their scholarship funds,” Buchanan said. “And SUFS can spend their time working closer with the families to provide additional services and support.”

Additionally, the 2,000 private Florida Schools also reduce their administrative costs associated with tracking parental signatures for tuition reimbursement checks as well as additional costs.

“This is the first time a real business to consumer system has been built on SAP Ariba. In fact, this is one of the largest SAP Ariba implementations to date in terms of buying organizations, which has only been made possible by the advancements to the user interface and the addition of guided buying,” Buchanan said. “Essentially, we are applying the most sophisticated procurement software available and offering it to families so that they can spend more time with their children and less time and headaches dealing with paperwork and stressing over financial burdens.  This is a true business case of procurement with purpose driven by SAP Ariba.”

Sep 12
NSBA partners

CEO of Premikati Named to National Small Business Association Leadership Council

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Marisol Buchanan, CEO of Premikati, located in Indianapolis, IN was recently named to the National Small Business Association (NSBA) Leadership Council. NSBA is the nation’s oldest small-business advocacy organization, and operates on a staunchly nonpartisan basis. Buchanan, a recognized leader in the small-business community, joins the NSBA Leadership Council alongside other small-business advocates from across the country as they work to promote the interests of small business to policymakers in Washington, D.C. Additionally, Buchanan is a Council Member for the NSBA Technology, Economic Development, and Health and Human Resources Committees.

“As a small-business owner, I see daily the importance of being involved and active when it comes to laws and regulation,” stated Buchanan. “Joining NSBA’s Leadership Council will enable me to take our collective small-business message to the people that need to hear it most: Congress.”

As a WBENC certified, woman-owned small business operator and owner, Buchanan has more than 18 years of leadership and governance management experience. She is an active member of the National Association of Woman Business Owners, Women and Hi Tech, and the Indiana Chamber of Commerce. Buchanan volunteers her time to multiple community organizations to maximize the voice of small business owners.

Ms. Buchanan joined her NSBA Leadership Council as part of her efforts to tackle the many critical issues facing small business, including tax reform, regulatory restraint, health care costs and how the Affordable Care Act will impact small business. The NSBA Leadership Council is focused on providing valuable networking between small-business advocates from across the country while ensuring small business a seat at the table as Congress and regulators take up key small-business proposals.

“I am proud to have Marisol as part of our Leadership Council,” stated NSBA President and CEO Todd McCracken. “She came to us highly recommended and I look forward to our coordinated efforts for years to come.”

Please click here to learn more about Marisol Buchanan.https://www.linkedin.com/in/marisolbuczuynskibuchanan/

For more on the NSBA Leadership Council, please visit www.nsba.biz/leadershipcouncil.

About Premikati: Founded in 2009, Premikati, Inc. is a Supply Chain Business Process Outsourcing (BPO) firm, providing cost savings and financial, contractual and supplier risk mitigation services to purchasing organizations for mid and large enterprises while leveraging best-in-class purchasing processes and technology. Premikati has partnered with SAP and is one of only five companies globally to have been granted the most exclusive partnership level with SAP Ariba. Additionally, Premikati is now embarking two new lines of business; a national Group Purchasing Organization (GPO) for the K-12 education space and non-profits, and orchestrating a Minority and Woman Business Enterprise (MWBE) catalog of suppliers to support the swell of demand by Fortune, government and private sectors.

Sep 12
SAP silver partner

Changing the Game in Education with Step Up for Students and SAP Ariba

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Non-profit to launch digital marketplace for simple, efficient administration of scholarships to low-income and special needs students

PALO ALTO, Calif.–(BUSINESS WIRE)–Back to school can be a stressful time for parents and students – particularly those with financial and special needs. Step Up For Students is out to change this. The non-profit, which is expected to provide scholarships this fall to about 110,000 qualifying students in the state of Florida, today announced plans for a digital marketplace powered by SAP Ariba through which recipients will be able to purchase education along with associated services and supplies in a simple, consumer-like way.

“Premikati has particular expertise in simplifying complex challenges like these which will be key for a successful program.”

“At Step Up For Students, we don’t believe that quality education should be determined by financial means or disability, and we have made it our mission to give children from lower income families and those with special needs a chance at a brighter future through the scholarships we help to manage,” said Doug Tuthill, President, Step Up For Students.

Fueling Equal Opportunity

To advance this mission, Step Up For Students will leverage SAP Ariba’s cloud-based applications to provide an easy and efficient way for parents and caregivers of scholarship recipients to pursue and engage in the most appropriate learning options for their children. The nonprofit will begin to introduce the platform during the 2017-2018 school year with the goal of full implementation by 2018-2019.

“Education is the great equalizer,” said Alex Atzberger, President, SAP Ariba. “Yet there remains a significant divide in the ability for everyone to capture opportunities to learn. Technology is powerful tool that can change this and we are pleased to be supporting Step Up For Students in their mission to innovate with the purpose of closing this gap.”

Using SAP Ariba® Buying and Invoicing™ and SAP Ariba Commerce Automation™, Step Up For Students will create online catalogs through which scholarship recipients can find, buy and pay for tuition at schools of their choice along with educational services and school supplies with just a few clicks.

Bridging the Digital Divide

The solutions will be accessible anywhere, anytime via any device, including mobile phones – a key factor in Step Up For Students’ selection.

“Many of those we serve lack access to technology in their homes and it was critical that we remove this as a barrier,” said Scott Massey, Chief Information Officer, Step Up For Students.

Enter SAP Ariba partner Premikati. “Step Up for Students has high user counts where the users are not actually employees but rather students and their families,” said Premikati CEO Marisol Buczynski Buchanan. “Premikati has particular expertise in simplifying complex challenges like these which will be key for a successful program.”

SAP Ariba offers a range of solutions that help organizations of all sizes digitize the source to settle process and run faster, simpler and smarter than ever before. To learn more about the them and the value they can deliver, visit www.ariba.com.

About Step Up For Students

Step Up For Students is a nonprofit organization that helps manage the income-based Florida Tax Credit Scholarship Program. Students who qualify for the national free or reduced-price lunch program, or those who are homeless or in foster or out-of-home care, may qualify. The scholarship program provides tuition assistance to the private school of their parents’ choice or financial assistance to offset the transportation cost to an out-of-district public school. Since 2001, Step Up has awarded nearly 580,000 scholarships.

Step Up also helps administer the state-funded Gardiner Scholarship Program for Florida students with certain special needs. With the Gardiner Scholarship, recipients may use the funds for a variety of approved services including private school tuition and fees, private tutoring, occupational therapy, instructional materials and other services. For more information, visit: http://www.StepUpForStudents.org.

About Premikati

Premikati is an Indianapolis-based WBENC certified WBE Management Consulting and BPO firm that utilizes SAP Ariba solutions as a key component of its service offerings. Premikati helps its clients with all facets of Procurement and Contract Management, focusing on simplifying complex processes and challenges. To learn more about the company, visit www.premikati.com.

About SAP Ariba

SAP Ariba is how companies connect to get business done. On the Ariba Network, buyers and suppliers from more than 2.8 million companies and 190 countries discover new opportunities, collaborate on transactions and grow their relationships. Buyers can manage the entire purchasing process, while controlling spending, finding new sources of savings and building a healthy supply chain. And suppliers can connect with profitable customers and efficiently scale existing relationships – simplifying sales cycles and improving cash control along the way. The result is a dynamic, digital marketplace, where nearly $1 trillion in commerce gets done every year.

To learn more about SAP Ariba, visit www.ariba.com.

About SAP

As market leader in enterprise application software, SAP (NYSE:SAP) helps companies of all sizes and industries run better. From back office to boardroom, warehouse to storefront, desktop to mobile device – SAP empowers people and organizations to work together more efficiently and use business insight more effectively to stay ahead of the competition. SAP applications and services enable approximately 355,000 customers to operate profitably, adapt continuously, and grow sustainably. For more information, visit www.sap.com.

Any statements contained in this document that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. Words such as “anticipate,” “believe,” “estimate,” “expect,” “forecast,” “intend,” “may,” “plan,” “project,” “predict,” “should” and “will” and similar expressions as they relate to SAP are intended to identify such forward-looking statements. SAP undertakes no obligation to publicly update or revise any forward-looking statements. All forward-looking statements are subject to various risks and uncertainties that could cause actual results to differ materially from expectations. The factors that could affect SAP’s future financial results are discussed more fully in SAP’s filings with the U.S. Securities and Exchange Commission (“SEC”), including SAP’s most recent Annual Report on Form 20-F filed with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates.

© 2017 SAP SE. All rights reserved.

SAP and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP SE in Germany and other countries. Please see http://www.sap.com/corporate-en/legal/copyright/index.epx#trademark for additional trademark information and notices.

Sep 12
Premikati with Aon Cornerstone

Premikati, Inc. partnering with Aon Cornerstone

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Premikati, Inc. with Aon Cornerstone

Partnership, A “Win-Win” For Premikati, Inc. Clients Looking to Diversify Their Supply Chain

Indianapolis, IN Nov.2, 2016 – Premikati,Inc. today announced a strategic partnership with Aon Cornerstone, a business unit of Aon plc (NYSE:AON) that focuses on fostering strategic alliances with minority business enterprises. (MBE), headquartered in Indianapolis, is a WEBNC certified woman- owned firm with extensive experience in the risk mitigation industry. Aon plc is the leading global provider of risk management, risk and reinsurance brokerage, and human resource consulting and outsourcing solutions.

Aon Cornerstone unites the global risk management and human resource solutions of Aon with the local presence and functional knowledge of (MBE) to deliver distinctive value to clients. By leveraging the specialized expertise, broad resources, global network, intellectual capital and best practices of the two firms, this partnership is positioned to deliver strategic, integrated strategies and solutions for managing risk and human resource demands while meeting important diversity and inclusion imperatives in an increasingly complex global environment.

Through a rigorous vetting process, Premikati, Inc. was chosen by Aon Cornerstone as a new addition into their exclusive network of partners seeking to care for existing clients’ needs surrounding diversity and exploring new endeavors that would afford global corporations, Fortune 100 companies, and large public entity clients the opportunity to work with a minority-owned firm, while simultaneously giving them the comfort of Aon’s extensive global network of resources, support and service.

About Premikati

Premikati is a WBENC certified WBE Management Consulting and BPO firm that is specifically tailored to Contract Management and Procurement. We help our clients with all facets of contracting and procurement strategy as well as outsourced Contract Management Services.   We employ procurement executives, attorneys, contract management professionals, Six Sigma Black Belts, and certified Change Masters with extensive experience either inside or consulting with the world’s top companies.

For more information on Premikati, Inc., log onto https://www.premikati.com

 

For more information on Aon Cornerstone, log onto http://www.aon.com/cornerstone

Sep 12
Premikati Transforms Contract Management with SAP Ariba

Premikati Transforms Contract Management with SAP Ariba

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Certified WBE outsourcing firm leverages cloud-based solutions to fuel efficient digital process that delivers savings and compliance

PALO ALTO, Calif., November 16, 2016 – The cloud is where efficient contract management is happening. But many businesses lack the technology and resources to get there. Premikati is out to change this, with some help from SAP Ariba. The business process outsourcing and management consulting firm today announced that it will leverage Ariba® Contract Management Professional™ to drive an efficient, digital process for managing contracts that delivers savings and compliance.

“We have seen clients of all sizes and industries struggle with contract management,” said Marisol Buczynski Buchanan, CEO of Premikati. “Lack of tracking with respect to items such as expiration dates, renewal terms/price increases, service level agreements, notice provisions, and even counter signatures is all too common. With SAP Ariba, we can help them overcome these issues.”

An SAP Ariba BPO partner, Premikati will use SAP Ariba’s technology to perform contract management services not only for large enterprises, but for companies under $500 million in annual revenue. And in doing so, it aims to eliminate many of the barriers that prevent them from pursuing digital strategies such as a lack of resources to implement and manage software. “We can have them up and running in two to three weeks at a very cost-effective price point,” Buchanan said.

Ariba Contract Management Professional is the industry’s leading SaaS solution for contract management. Uniquely designed to eliminate the paper and ink from the creation, execution, and management of any type of contractual agreement, the offering enables companies of all sizes to efficiently:

  • Automate and accelerate the entire contract lifecycle
  • Standardize and control contract development
  • Collaborate with all stakeholders
  • Strengthen operational, contractual, and regulatory compliance

“Contracts are the lifeblood of any organization and managing them effectively can deliver strategic advantage,” said David Johnston, Senior Vice President, Partner Ecosystem, SAP Ariba. “With SAP Ariba’s technology and Premikati’s contract management expertise, companies of all sizes can get on the road to automation and drive an efficient process that lowers both their costs and risk.”

To learn more about SAP Ariba’s contract management solutions and the value they can deliver, visit: www.ariba.com. Learn More.

About Premikati

Premikati is a WBENC certified WBE Management Consulting and BPO firm that is specifically tailored to Contract Management and Procurement. Premikati helps its clients with all facets of contracting and procurement strategy as well as outsourced Contract Management Services including the drafting and negotiation of contracts.   They employ procurement executives, attorneys, contract management professionals, Six Sigma Black Belts, and certified Change Masters with extensive experience either inside or consulting with the world’s top companies.

About SAP Ariba

SAP® Ariba® is the marketplace for digital business, creating frictionless exchanges between millions of buyers and suppliers across the entire source-to-pay process. Our market-leading solutions enable companies to simplify collaboration with their trading partners, make smarter business decisions and extend their collaborative business processes with an open technology platform. More than two million companies use SAP Ariba solutions to connect and collaborate around nearly one trillion in commerce on an annual basis. To learn more about the company’s offerings and the transformation they are driving, visit www.ariba.com. Learn More.

About SAP

As market leader in enterprise application software, SAP (NYSE: SAP) helps companies of all sizes and industries run better. From back office to boardroom, warehouse to storefront, desktop to mobile device – SAP empowers people and organizations to work together more efficiently and use business insight more effectively to stay ahead of the competition. SAP applications and services enable approximately 335,000 customers to operate profitably, adapt continuously, and grow sustainably. For more information, visit www.sap.com. Learn More.

 

 

Any statements contained in this document that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. Words such as “anticipate,” “believe,” “estimate,” “expect,” “forecast,” “intend,” “may,” “plan,” “project,” “predict,” “should” and “will” and similar expressions as they relate to SAP are intended to identify such forward-looking statements. SAP undertakes no obligation to publicly update or revise any forward-looking statements. All forward-looking statements are subject to various risks and uncertainties that could cause actual results to differ materially from expectations. The factors that could affect SAP’s future financial results are discussed more fully in SAP’s filings with the U.S. Securities and Exchange Commission (“SEC”), including SAP’s most recent Annual Report on Form 20-F filed with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates.

© 2016 SAP SE. All rights reserved.
SAP and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP SE in Germany and other countries. Please see http://www.sap.com/corporate-en/legal/copyright/index.epx#trademark for additional trademark information and notices.

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