Member Since 2022
Tom Beaty
Insight Sourcing Group Holdings, Inc.
Atlanta Area
Tom started Insight Sourcing Group in his basement in 2002 and later founded SpendHQ. He and his team have built a total of five procurement-related businesses including Insight Energy. ISG has been named the #1 Company to Work for in Atlanta, the top boutique consulting firm to work for in the U.S., and has been on the Inc. 500/5000 list of fastest growing companies for a rare 14 years in a row. Tom's primary role today is as CEO of Insight Sourcing Group Holdings where he focuses on growth, culture, and business strategy. In 2021, he led the spin out of SaaS procure-tech company SpendHQ under a new CEO and in 2022, raised $65M from Pamlico Capital and acquired Lyon, France-based Per Angusta. Tom is currently Chairman of the Board for SpendHQ. Tom founded the Witness to War Foundation, a nonprofit focused on preserving the oral histories of combat veterans. Tom is a member of Young Presidents Organization and is the upcoming chapter chair of the largest YPO Gold chapter in the world with 600 CEO members. He is also on the board of the Army War College Foundation.
SKILLS
- Strategy
- Management Consulting
- Management
RECENT CONTENT
April 14th, 2023
Want to prevent layoffs in tough times? Follow these 14 strategies
Layoffs aren't the only way to cut overhead costs in a challenging economy.
March 15th, 2023
10 key factors to finding a reliable product distributor
Consider what's at stake if you want the best bang for your buck.
March 6th, 2023
13 ways to support your team during a season of business cutbacks
There's an upside to a downsize. Here's how company leaders can make a difference and maintain their staff's trust.
March 3rd, 2023
13 steps to keep companies on track to fulfill their mission
Is your establishment still on the right path to achieve its original objectives?
February 23rd, 2023
Don’t scale mediocrity
How to avoid operational friction, the silent business killer.
COMPANY INFO
Insight Sourcing Group Holdings, Inc.
Insight Sourcing Group is the premier management consulting firm focused exclusively on strategic sourcing and procurement-related services in North America. Founded in 2002, the firm works with senior executives and procurement leaders to accelerate strategic sourcing savings, increase spend visibility, provide category intelligence, and implement procurement best practices. With hundreds of corporate and more than 50 private equity clients, Insight Sourcing Group has developed a reputation for delivering big impact. Typical client results include up to a 30% EBITDA improvement, 842% first-year return on investment, and project payback in less than 90 days. Insight Sourcing Group has also developed a market-leading spend visibility technology called SpendHQ™ which provides on-demand spend visibility to drive strategic sourcing results & on-going analytics to measure performance and compliance. Inc. Magazine has ranked Insight Sourcing Group among the fastest growing private companies in America every year since 2008, making Insight Sourcing Group one of the few firms to be listed 11 years in a row. Insight Sourcing Group was also recently named the #1 Boutique Consulting Firm in the US and the #1 Most Innovative Consulting Firm by Vault.com.
AREA OF FOCUS
- Procurement
- Supply Chain Management
INDUSTRY
Corporate leadership