CONGA
Kunal Puri
Source to Contract Manager
New Delhi
Summary
Highly skilled in procurement negotiating with a proven track record of successfully reducing costs and increasing revenue. Expertise in negotiating with third parties and onboarding them to the Amex database. Excels in B2B negotiations, pitching suppliers for various products and setting up successful partnerships. Strategic thinker adept at capitalizing on opportunities to improve profitability and achieve key objectives. Strong presentation skills to effectively communicate complex data to senior management. Possesses mentoring skills and experience conducting trainings for peers and subordinates. Proficient in analyzing customers against compliance parameters and adhering to American Express policies and procedures. Reporting skills to extract and create customized MIS reports as per leadership requirements.
Overview
14
14
years of professional experience
8
8
years of post-secondary education
3
3
Languages
Work History
Senior Process Manager
American Express
01.2022 - Current
- Supported procurement requirements and negotiated/coordinated with suppliers/stakeholders/business units in US region
- Drafted and reviewed international commercial procurement contracts (master service agreements, standalone service agreements, statement of work, amendments, addendums, local enabling agreements, non-disclosure agreement, etc.)
- Capacity verification/performing due diligence activities for every supplier/project on several internal parameters
- Assisted in vendor/supplier evaluation and annual contract renewal process
- Liaising with legal, compliance and other teams as part of deliverables
- Act as consultant / partner to American Express business units for Sourcing to Contract related activities across commodities/services and provide solution on related matters often with no precedent
- Oversee all inventor & identifying areas of potential savings
- Adherence to compliance and purchasing policies, internal control standards, operational risk policy
- Supported strong supplier governance by properly identifying supplier risk for each engagement, guide American Express Business Unit on Third Party Life Cycle Management (TLM) program and work closely with TLM the complete the program requirements
- Innovate new procedure for keeping inventory records current, resulting in improving the compliance errors for myself and team by providing training
- Worked on risk and document management tools (Ariba, Lexis Bridger)
- Internal Relationship Management- working diligently with various internal stakeholders and business units of the client’s organization to ensure successful output of deliverables
Process Manager
American Express
12.2019 - 12.2021
- Delivering on 9 converting suppliers on B2B payment mode for acceptance of payments for a total spend of approx
- USD 2.5M, in 2023 and 2024
- Maintaining Average TAT time for contracting ranges between 18-25 days
- Saved USD 5M for the company in 2024, and USD 3.5M in 2023
- Getting in touch with the various business users and understanding their need of getting services from a third party
- Identifying the correct third party from the Approved Supplier List or in case the third party is not from the Approved Supplier List, then getting the third party on-boarded meeting proper compliance, doing the Anti corruption for the third parties by Bridger and other tools and getting them through the TLM process which is a extensive two months due diligence process for each third party to access the risk of a third party at the time of both on- boarding and renewing a contract
- Conducting the entire Procure to Pay process of the third party starting from the procurement of a particular third party till the finalizing and signing of the contract
- The Procure to Pay includes setting up of a contract between the Business Manger and Supplier, therefore setting the entire contract in Conga which is a repository tool for the contracts, for all categories i.e Tech & MAP etc
- Doing the negotiations on pricing and bringing dollar Saves to the organization
- Helping in promotion and acceptance of B2B products
- Experience of working for all major markets, US, JAPA (AU, SG, IN, HK, TW), which includes signing of Master Contracts, NDA, SOW’s, LEA’s, Evauation Agreements etc
- Getting approvals from senior management of BU’s such as compliance (TLM/CLM) and funding approvals
- Negotiating on the current price with the supplier and trying to reduce the cost
- Creating Purchase Orders for all Low Risk Low Value suppliers by working with the PO and Vendor Creation teams
- Getting third parties set up on Oracle by working closely with the vendor creation team
- Conducting the Ongoing Due Diligence of a third party during the Lifecycle of a third party within American Express
- Checking a Third party for against any Sanctions hits by running it through Bridger
- Monitoring the third parties against various types of risks exposed to an organization- organizational risks, information security risk, compliances etc
- Responsible for holding monthly update calls with the Market Managers
Lead Analyst
American Express
04.2016 - 11.2019
- Managed Vendor Payment Operations for Accounts Payable Team as a Japanese language expert
- Involved in processing, verifying and advising payments through EFT as various mode of payment
- Ensure proper Accounting and Controls are performed for processing activity by following all established policies and procedures
- Assessed and closed A/P sub-ledger on a monthly basis, validated content and resolved various issues
- Review the work of team members and make recommendations as appropriate; ensure completeness, accuracy, and compliance with set standards
- Ensuring all critical SLA’s are met which includes timely invoice processing, issue resolution & accuracy percentage
- Mentor new team members and train them for the process; perform quality analysis for team members and provided feedback to them for immediate improvement
- Manage proper back-up for the process so that critical timelines are adhered to
- Prepare & present various weekly/monthly MIS report, SOPs & dashboards pertaining to process/productivity including daily review trackers and vendor repository for the entire team
- Monthly review and resolutions of exceptions in the reconciliation and submission to Global Account Reconciliation team
- Providing the sub-ledger supports to the account owners & controllership
Analyst
Agilent Technologies
05.2011 - 04.2016
- Facilitated “no fault” internal and external audits as a result of sound recordkeeping and through documentation
- Assessed and closed A/P sub-ledger on a monthly basis, validated content and resolved various issues
- Processed foreign vendor payments (Multi-currency payments) through FXIP & Corporate Westpac Online Tool
- Ensure proper Accounting and Controls are performed for processing activity by following all established
- Review the work of team members and make recommendations as appropriate; ensure completeness, accuracy, and compliance with set standards
- Ensuring all critical SLA’s are met which includes timely invoice processing, issue resolution & accuracy percentage
- Manage proper back-up for the process so that critical timelines are adhered to
- Mentor new team members and train them for the process; perform quality analysis for team members and provided feedback to them for immediate improvement
Education
Master of Commerce -
Himachal Pradesh University
01.2010 - 01.2012
Bachelor of Commerce -
University of Delhi
01.2005 - 01.2008
Japanese Language - undefined
Nihongo Center
01.2005 - 01.2008
Skills
- Procurement Negotiating Skills
- B2B Negotiations
- Expert at capitalizing on opportunities to improve profitability
- Presentation Skills
- Mentoring Skills
- Analysis against compliance parameters
- Reporting skills
Stakeholder management
Business process improvement
Accomplishments
- Multiple R&R awards presented by business heads.
- Best new joiner award.
- Business Contingency Plan (BCP) coordinator.
Key Achievements Projects
- Oracle Sub-Ledger Implementation
- Logic provider to the development team of OCR in Japan market.
- Preparation of Monthly Dashboard for Payments invoices.
Personal Information
- Hobbies: Listening to music, Travelling
- Date of Birth: 02/20/88
Software
ARIBA
ORACLE
Timeline
Senior Process Manager
American Express
01.2022 - Current
Process Manager
American Express
12.2019 - 12.2021
Lead Analyst
American Express
04.2016 - 11.2019
Analyst
Agilent Technologies
05.2011 - 04.2016
Master of Commerce -
Himachal Pradesh University
01.2010 - 01.2012
Bachelor of Commerce -
University of Delhi
01.2005 - 01.2008
Japanese Language - undefined
Nihongo Center
01.2005 - 01.2008
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