Engineering & TimeFlow: strategic partnership for efficiency in IT Procurement

Engineering is a leading Italian company in Digital Transformation, with a global presence of more than 14,000 employees spread across more than 80 locations in Europe, the United States and South America. It specializes in IT consulting for strategic sectors such as public administration, utilities, telecommunications and industry.

Engineering decided to rely on TimeFlow to innovate and streamline the entire third-party accreditation, qualification and engagement process. The goal: to reduce time and costs associated with the technology onboarding process and increase governance of the entire value chain.

-70%

Scouting and supplier selection costs

Reduction of operating costs in the search and management of IT partners.

-99%

Regulatory non-compliance
risk

Increased security and compliance with regulatory standards in procurement processes.

-50%

Time-to-Hire for specialized IT roles

Significant reduction in the time required to engage highly specialized IT profiles.

Initial challenges

Engineering faced highly fragmented, inefficient, and wasteful supplier list management. Costs derived from low-value activities and poor supply chain visibility were compounded by a lack of automation and difficulty in accessing reliable data. The risk of regulatory noncompliance and the lack of a centralized Vendor Master File added to the critical issues.

Solution adopted

TimeFlow's Vendor Management platform simplified the entire vendor onboarding process by automating audits and document collection, updating master files, reducing time and costs, and improving the quality of data available.

Results

The adoption of the TimeFlow platform enabled Engineering to achieve tangible, measurable results. The positive impact was reflected across several key areas of the business, with significant improvements in supplier selection processes, recruitment of specialized IT resources, and supply chain governance. In particular:

70% reduction in costs related to supplier scouting and selection
80% increase in operational efficiency
Shortened Time-to-Hire for project resources, reduced from 50 to 30 days

Additionally, the risk of regulatory non-compliance decreased by 80%, while decision-making accuracy in procurement processes improved by 40%.

On a daily operational level, the benefits were immediately noticeable: supplier onboarding time was halved, and responsiveness to business needs improved by 60%. Coordination efficiency between Procurement and Business Units increased by 50%, significantly enhancing internal governance.

Engineering Ingegneria Informatica is an Italian company founded in 1980, operating in the software and IT services sector. It specializes in IT consulting, particularly for the public administration, utilities, telecommunications, and industrial sectors.

Industry: Information Technology

Headquarters: Rome, Italy

Revenue: €1,721.1 million

Employees: 14,731