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PAY FOR SUCCESS INITIATIVEProcuring for Success Lessons to Support a Shift Toward Procuring OutcomesRayanne Hawkins and Brian Bearer August 2017 Pay for success (PFS)1 is designed to alter the way
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Begin by obtaining the necessary information and documents for the procurement process.
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Who needs procuring for success pay?

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Procuring for success pay is applicable to individuals or organizations involved in procurement processes.
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This includes government agencies, businesses, non-profit organizations, and individuals responsible for procuring goods or services.
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It is essential for anyone involved in the procurement process to understand and follow the guidelines for procuring for success pay.
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Procuring for success pay is a compensation model where a company rewards individuals or entities for successfully bringing in new business opportunities or closing deals.
Individuals or entities who are involved in sales or business development roles may be required to file procuring for success pay.
Procuring for success pay forms can typically be filled out online or submitted manually with relevant information about the deal or business opportunity.
The purpose of procuring for success pay is to incentivize individuals or entities to drive revenue growth and secure new business opportunities for the company.
Information such as the name of the individual or entity receiving the payment, the amount paid, the reason for the payment, and details of the deal or business opportunity may need to be reported on procuring for success pay forms.
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