Client Overview
Singapore-based financial services company providing a full range of personal and commercial services with operations in 15 countries, 14,000 employees and net earnings of $2 billion
Business Need
Replace manual and paper based procurement & contract systems with an automated solution to manage 1000 vendors/suppliers within the integrated tax and legal structures of 6 different countries
Key Features
- Easy to use/intuitive
- Centralized repository for faster and easier search, retrieval and management
- Integrated tax & legal structures of 6 Asian countries
- Automated procure-to-pay lifecycle
- Migration of 5000+ legacy contracts
Benefits
- Increased operational efficiency by 500%
- Reduced risk via country specific compliance