Following departure from the parent group, the order tool previously used for purchasing was no longer available. The situation was seized on as an opportunity to introduce an integrated P2P solution. The results, including the optimisation of the entire purchasing process and reductions to process costs, fully justified the decision.
For this German financial services provider, consulting services constituted one of their largest procurement categories. Implementing optimisation measures allowed us to make processes more efficient and save costs.
As a result of restructuring of the purchasing function, changes were made to the management…
At a financial services provider, the specialist functions of purchasing, cost management and accounting should…
The full responsibilty for the vendor master administration (VMA) was transferred to the Accounts Payable…
Previously, a German financial service provider used a contract management tool as a less intuitive…