24 Sep
|
Lyric.ai
|
India
Lyric is an AI-first, platform-based healthcare technology company, committed to simplifying the business of care by preventing inaccurate payments and reducing overall waste in the healthcare ecosystem, enabling more productive use of resources to reduce the cost of care for payers, providers, and patients. Lyric, formerly ClaimsXten, is a market leader with 35 years of pre-pay editing expertise, dedicated teams, and top technology. Lyric is proud to be recognized as **** Best in KLAS for Pre-Payment Accuracy and Integrity and is HI-TRUST and SOC2 certified, and a recipient of the **** CandE Award for Candidate Experience. Interested in shaping the future of healthcare with AI? Explore opportunities at
lyric.ai/careers
and drive innovation with #YouToThePowerOfAI.
The Procurement Analyst owns and drives end-to-end procurement operations across the organization. This role is accountable for vendor management, commercial negotiations, purchase order governance, invoice and payment closures, stakeholder alignment, and procurement reporting. The incumbent will ensure cost efficiency, compliance, and timely execution while continuously improving procurement processes.
ESSENTIAL JOB RESPONSIBILITIES & KEY PERFORMANCE OUTCOMES
Own and lead end-to-end procurement operations, from requisition intake to PO and payment closure
Drive vendor negotiations and commercial discussions to achieve optimal cost, quality and service outcomes
Lead PO governance, ensuring accuracy, budget alignment and compliance with Lyric policies
Oversee invoice submission, validation, approval follow-ups, and closures in coordination with Finance teams
Act as the primary point of contact for vendor management, onboarding, compliance,
and issue resolution
Maintain and govern procurement trackers, ensuring real-time visibility of POs, invoices, payments, and closures
Proactively manage stakeholder follow-ups, approvals and escalations to avoid delays
Analyze spend data, identify cost optimization opportunities and support savings initiatives
Coordinate with HR, Legal, Finance, IT, Facilities, and Operations to ensure seamless procurement execution
Ensure timely contract renewals, amendments, and documentation
Monitor and improve vendor performance and SLA adherence
Prepare and present procurement MIS, dashboards, and leadership reports
Support month-end and year-end closures, audits, and compliance reviews
Drive process improvements, SOP adherence and automation initiatives
REQUIRED QUALIFICATIONS
Bachelor's degree in business administration, Finance, Supply Chain, or related field
Minimum of five (5) years of progressive experience in procurement, sourcing, and purchasing operations
Strong expertise in vendor negotiations, PO governance, invoicing, and closures
Proven ability to own procurement delivery end-to-end in a corporate environment
Advanced proficiency in MS Excel and reporting
Experience with ERP / procurement systems such as SAP, Oracle, Coupa, Net Suite, or similar
Strong stakeholder management, communication and escalation-handling skills
High attention to detail with a structured, process-driven approach
PREFERRED QUALIFICATIONS
Experience in a global corporate or technology-driven organization
Ability to operate in a fast paced environment.
Strong analytical and problem-solving mindset
Continuous improvement and automation orientation
📌 Procurement Analyst, Staff (India)
🏢 Lyric.ai
📍 India