Naga Prasad Suraneni, MBA
About Naga Prasad Suraneni, MBA
Naga Prasad Suraneni is a Manager in IT Procurement, currently serving as the India Chapter Leader at Procurement Foundry since 2020. With a strong background in contract management and procurement processes, he has extensive experience in managing high volumes of contracts and an annual spend exceeding USD 90 million.
Current Role at HighRadius
Naga Prasad Suraneni serves as the Manager of IT Procurement at HighRadius, a position he has held since 2023. Based in Hyderabad, Telangana, India, he is responsible for managing procurement activities related to IT. His role includes monitoring and maintaining reports for cost savings and contract priority tracking, ensuring efficient procurement processes within the organization.
Professional Experience in IT Procurement
Prior to his current position, Naga Prasad Suraneni held several roles in IT procurement. He worked at Procurement Foundry as the India Chapter Leader since 2020, and previously served as Manager/Lead of IT Procurement at SS&C Technologies from 2019 to 2021. His experience includes processing over 300 IT contracts and renewals annually and managing an annual spend exceeding USD 90 million.
Educational Background
Naga Prasad Suraneni earned his Master of Business Administration (MBA) in Accounting and Finance from Osmania University, completing his studies from 2012 to 2014. He also holds a Bachelor of Commerce (B.Com.) in Computers from Kakatiya University, where he studied from 2009 to 2012. Additionally, he completed his intermediate studies in Commerce at J.M.V.R Jr College from 2007 to 2009.
Skills and Expertise in Procurement
Naga Prasad Suraneni possesses advanced skills in Microsoft Excel, which he utilizes for various procurement tasks. He has expertise in procurement ERPs such as Work Day, SAP Ariba, NetSuite, and Coupa. His application knowledge extends to WIN10, IBM Emptoris, and OBEI intelligence, and he is currently learning Tableau. He collaborates with suppliers and internal business partners to identify cost improvement areas.
Previous Roles at Wells Fargo
Naga Prasad Suraneni has extensive experience at Wells Fargo, where he held multiple positions including Senior Contracts Analyst, Strategic Sourcing Specialist, and Sr. Sourcing Consultant. His tenure at Wells Fargo spanned from 2016 to 2023, during which he managed contracts across various functional areas and coordinated with vendors, InfoSec, and legal teams for procurement processes.