Driving Cost Savings with AI-Powered Procurement Insights

How our Customer Unlocks Portfolio-Wide Value Using ConnXions

Our Customer, a Raleigh-based private equity firm, specializes in growth investments, recapitalizations, and management buyouts across the U.S. middle market. With a diverse portfolio spanning IT, healthcare, manufacturing, and business services, Plexus needed deeper visibility into spending—and smarter strategies to drive savings across their companies.

The Challenge: Missed Savings, Murky Spend Data

Managing procurement across a portfolio of companies is no small task. For them, the lack of consolidated, real-time insight into spending patterns created several obstacles:

• Limited visibility into where and how money was being spent

• Difficulty pinpointing areas for cost reduction or supplier consolidation

• Missed opportunities for volume discounts and strategic supplier negotiations

• Inconsistent procurement practices across portfolio companies

These issues led to inefficiencies, missed savings, and reactive decision-making.

The Solution: ConnXions AI-Powered Spend Optimization

To take control of spend and unlock enterprise-wide savings, they adopted ConnXions, a procurement platform with built-in AI analytics.

ConnXions allowed them to:

• Gain centralized, real-time spend visibility across portfolio companies

• Identify cost-saving opportunities like contract optimization, demand aggregation, and supplier consolidation

• Use AI-generated insights to drive stronger supplier negotiations

• Shift from reactive to proactive cost management

The Impact: Measurable Savings and Better Budgeting

With ConnXions, they now makes smarter procurement decisions powered by data—not guesswork:

• 💰 Significant cost savings through optimized spending strategies

• 📉 Improved budget management and forecasting

• 📊 Clear, actionable analytics that reveal cost-saving opportunities

• 🤝 Stronger supplier negotiations, backed by AI-driven insights

• 🌐 Enhanced visibility across companies, promoting consistency and control

Why It Matters

For private equity firms like Plexus Capital, procurement is more than a back-office function—it’s a strategic lever for value creation. With ConnXions, they now have the insights needed to drive cost efficiency across their portfolio while empowering smarter decision-making.

Looking to uncover hidden savings in your organization or portfolio?

Let ConnXions show you how AI-powered procurement can lead to real, measurable results.