Contact Us

Services Procurement

Magnit Services Procurement is a turnkey and modular solution set that includes a fit-for-purpose VMS technology platform backed by a unique analytics data universe with best-in-class service delivery.

Client Benefits

Magnit is the only vendor who offers a complete Services Procurement turnkey solution set as a one stop shop. We not only provide robust services, but clients who employ labor via SOW can leverage a fit-for-purpose Services Procurement VMS technology and the world’s largest proprietary procurement data universe.

15%+ Cost
Savings

Identify projects with the most cost savings and optimization potential then capture those savings with automation and real time intelligence.

75% Decrease in Ramp Time

Drive successful business outcomes and compliance at a project and aggregated level based on procurement process best practices and continuous improvement.

25%+ Spend Reclassified

Obtain actionable procurement analytics, reporting and insights related to best-in class-strategic sourcing solutions and SOW construction. 

NelsonHall Logo

Named Outright Market Leader in NelsonHall’s NEAT Evaluation 2022

Magnit was the top performer for Services Procurement in NelsonHall’s NEAT Evaluation 2022 for CWS and MSP.

Optimize Visibility and Achieve Operational Excellence

Services Procurement Consultancy

Leverage a strategic advisory service which helps you achieve better business outcomes through identification of cost savings and best in class SOW construction. We provide:

  • Actionable insights to deliver on-budget and on-time SOW projects
  • Benchmarking via our unique, proprietary pay intelligence data universe
  • Customized reporting, outlining key business trends and opportunities

Source and Procure-to-Pay

Utilize our full scope, modular services to fit your particular needs. We provide:

  • Opportunities to capture savings with sophisticated category sourcing
  • Milestone, deliverable and SLA tracking to improve overall vendor performance
  • Risk mitigation and compliance for full contract management lifecycle

Services Procurement VMS

Obtain project visibility, enhance project performance, and increase ROI with Magnit's fit-for-purpose SOW technology. We provide:

  • Decreased time for project setup and execution
  • Workflow-approved purchases, POs, and account codes to ensure compliance
  • Automation to capture savings via highly configurable omni-channel experience

Services Procurement Analytics

Leverage our unique, proprietary data universe to benchmark against in order to improve business outcomes and generate cost savings. We provide:

  • Complete financial and operational visibility into program performance
  • Cost savings by leveraging real time pay intel in sourcing and change orders
  • Seamless integrations with multiple VMS solutions

Extended Visibility for Your Workforce

Procurement

Procurement

Access global insights including hiring intelligence data to identify and source top talent at scale.

Procurement

HR

Utilize real-time global market rate data to maximize cost-savings and benchmark DE&I goals.

Staffing

Staffing

Optimize recruiting strategies by discovering and accurately pricing talent anywhere in the world.

The Magnit Services Procurement Advantage

$7B

Spend Under Management

100+

Services Procurement Clients

1,000+

Services Procurement Suppliers Managed

The Magnit Services Procurement Advantage

$7B

Spend Under Management

100+

Services Procurement Clients

1,000+

Services Procurement Suppliers Managed

Related Content

Your Evolution of Work Starts Here