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Optimization of service provider management

A German financial services provider needed transparency regarding the costs for external services, structures and responsibilities. The aim was to create a set of instruments for the management of external service provider to enhance spend transparency in order to leverage cost reduction opportunities.

Company merger: Integration of procurement functions

As part of a merger of two financial institutes, the purchasing department of both companies had to be consolidated. STÖHR FAKTOR supported the implementation of new structures for the organizational and operational structure, the harmonization of tools and processes within procurement as well as the consolidation of policies. Continuous change management was the central element.

Vendor Master Administration

Vendor Master Administration


The full responsibilty for the vendor master administration (VMA) was transferred to the Accounts Payable…

Implementing a Purchase-to-Pay (P2P) tool

Implementing a Purchase-to-Pay (P2P) tool


Following departure from the parent group, the order tool previously used for purchasing was no…

Group demerger – focus on contracts

Group demerger – focus on contracts


In the process of separating from its parent group, this financial services provider wanted to…

Implementation purchase-to-pay (P2P) e-solution

Implementation purchase-to-pay (P2P) e-solution


In order to increase process efficiencies and to ensure a procurement process that conforms with…

STÖHR FAKTOR Unternehmensberatung GmbH
Düsselstraße 4a | D-40699 Erkrath
Fon: +49 (211) 977 19 600
Fax: +49 (211) 977 19 520
info@stoehr-faktor.de
www.stoehr-faktor.de
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