Categories
Tools
Policy/Best Practices
Procurement Process
Impendi Groups
100
Different business strategies used to generate savings during a project?

What are saving levers?

100

This feature allows you to summarize transactional data with different aggregate values and custom field breakdowns.

What is a pivot table?

100

This should be on your calendars to help scheduling calls with offshore resource

What is India holidays and India time zone?

100

This is a corporate agreement that governs the relationship between two entities and dictates legal terms.

What is a “Master Service Agreement”?

100

Typically referred to by their three-letter acronym, these Impendi organizations are critical to providing feedback on Impendi spend analyses.

What are the COEs?

200

These temp resources should have discounted mark-ups in place

Long-tenured temp resources

200

These combination of functions can be used to replace Vlookup/Xlookup.

What is Index/Match?

200

This system is used to manage payroll, time off request, benefits administration. It’s a resource that supports the daily administration of HR

What is Justworks?

200

This stage of the process usually last 4-6 weeks and happens at the beginning of an engagement.

What is a Diagnostic?

200

Understanding of Market dynamics, Supplier Relationships, and savings strategies

what is a COE capability?

300

The name for an outsourced agency that interfaces between a third-party supplier searching for talent

What is an Managed Service Provider (MSP)?

300

These are the tools used for KR

What is Smartsheet and Egnyte?

300

This should be co-owned by offshore and onshore resource

What is a critical analysis?

300

This sourcing strategy involves getting pricing from multiple vendors and comparing this information to an incumbent’s pricing

What is “Go-to-Market RFP”?

300

Projects delivered by senior executives having deep sector-category expertise within operations at leading enterprises

What is the COE value proposition?


400

This temporary labor savings lever increases governance around the hiring and contracting process to match qualifications to the job requirements

What is spec rationalization?

400

These are the key deliverables that can be found in KR

What is the diagnostic readout, workplan, RFP templates, supplier feedback, benchmark/savings analysis, interview guides, supplementary category data?

400

You are locked into your benefit selection for the plan years unless you have a (blank). Examples include marriage, divorce, birth, adoption, aging out of your parent’s plan.

What is a Qualifying Life Event?

400

This are the steps to Impendi’s Strategic Sourcing Method.

What is develop spend profile, develop category profile, develop sourcing strategy, identify selection factors, develop go to market process, negotiate agreements, implement agreements?

400

These three Impendi analytics modules provide valuable insights throughout the entire savings lifecycle.

What are:

  1. Spend analytics
  2. PMO analytics
  3. Savings tracking
500

List of components that make up a product.

What is the Bill of Materials (BOM)?

500

This is the custom formatting string you use to present 1000000000 as $1,000.0M.

What is $#,##0.0,,"M"?

500

Impendi’s Core Values

What is Client Value Creation, Best People, Lead, Improve, and Integrity?

500

This is a sourcing strategy that recommends a change in product/services with an incumbent based on historical usage information

  • What is “Product Mix Standardization/Optimization”?
500

These three Impendi analytics teams work hand-in-hand to deliver analytics to our clients.

What are:

1 Data services

2. Business Intelligence

3. Client Services