The 2022 Fastest Growing Firms: ProcureAbility, Inc.

Number of Billable Consultants: 100

Client Industries Served: Construction, Energy, Entertainment, Financial services/Banking, Health Care, High-Tech, Insurance, Manufacturing, Packaged Goods, Retail, Transportation, Utilities

Consulting Service Lines: Multiservice line

Website URL: www.ProcureAbility.com

The Fortune 1000 trusts our advisory, managed services, digital, and staffing and recruiting solutions to transform their procurement capabilities. Our unique delivery model, leading-edge methodologies, and access to unbundled resources are flexible and customized. Solely focused on procurement organizations' success, our industry-leading service capabilities help clients drive growth and create value.

Consulting: What were the main factors that contributed to your firm's exceptional growth? Our client's success is ProcureAbility's success.

Evans: Our firm's growth is fueled by our ability transform our clients' capabilities and operations with our bespoke, scalable and outcomes-based procurement solutions. Our unique delivery model, leading-edge methodologies, and access to unbundled resources are flexible and customized to meet every need of our client, no matter in which industry they do business.

Consulting: How would you say you've managed to maintain growth during the unprecedented past three years?

Evans: The past three years have been challenging but have also presented incredible opportunities for us to help our clients navigate unprecedented market landscapes and turn their challenges into competitive differentiators. Our growth is a testament to the exceptionally talented professionals at ProcureAbility, our passionate focus on value realization, and our tireless efforts to drive our clients' success.

Consulting: How is this year shaping up for your firm?

Evans: ProcureAbility has seen tremendous growth over the past few years – including through the pandemic. 2022 will be our best year in our 26-year history, from both a revenue and profitability standpoint.

This year, we have served diverse clients, successfully completed complex engagements, and have developed additional advanced procurement analytics capabilities. As an example, our proprietary PureSpend technology helps our clients cleanse, categorize, and visualize their spend data using easily accessible tools and dashboards designed specifically for procurement professionals at all levels. Equally important, our ProcureAbility team has significantly grown, increasing our market impact and adding to our strong and diverse corporate culture.

Consulting: How would you describe your firm's outlook for 2023? Where do you see the most opportunities?

Evans: ProcureAbility is projecting strong, continued growth in 2023. ProcureAbility continues to partner alongside many of the most innovative procurement teams at Fortune 1000 companies. We see great opportunities for more clients to transform their procurement organizations and drive growth with our industry-leading advisory, managed services, digital, and staffing and recruiting solutions.

Consulting: What would you say are your firm's biggest challenges in 2023?

Evans: Our biggest challenge is one that also fuels our incredible growth – the scarcity of great talent, specifically with strategic procurement skills and experience. Because of the current demand for top talent, an increasing number of companies are seeking out our consulting expertise and resources to support their procurement organizations. However, given our industry-leading, procurement-focused offerings and amazing firm culture, we are also experiencing an increase in talented professionals wanting to join our ProcureAbility team.

Consulting: What does being named one of Consulting's Fastest Growing Firms mean to your firm, your employees and your clients?

Evans: Being previously named as one of Consulting Magazine's Fastest Growing Firms is an incredible honor for our firm. We are grateful and humbled to be recognized by the industry for our dedication to procurement organizations' success. Since 1996 when ProcureAbility was established, our foundation has always been to bring the absolute best to our clients and our employees. Being the industry-leading procurement consulting firm has allowed us to make an incredible impact for our clients as well as attract and retain the very best talent.

Consulting: Any additional comments?

Evans: At ProcureAbility, we believe that DE&I is the "magic" that makes our company great and are fully committed to building a diverse team and inclusive culture where our colleagues can grow, learn and thrive. We highly value our team's diversity and the creativity, innovation, productivity, and engagement it brings to allow us to be an employer of choice.