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Lloyds Banking Group

  • Conducted a tail spend reduction project within the IT area
  • Analysed the spend from a service and criticality perspective to create a set of treatment strategies
  • Executed the plan to drive benefits from consolidation, reduction in vendor numbers and removal of redundant services
Inside view: Enhancing procurement processes using technology
Case Study
Inside view: Enhancing procurement processes using technology

Making the shift to digitalising procurement processes is a worthwhile transition, but one that requires significant thought and strategic planning.

Achieving maximum value through source to pay
Insight
Achieving maximum value through source to pay

By fully optimising their source to pay (S2P) solution and processes, organisations can make a huge impact to their bottom line by knowing what they are spending their money on at the point of purchase rather than the point of invoice receipt.

Enabling the future at FSCS
Case Study
Enabling the future at FSCS

Efficio played a key role in helping FSCS to meet its goals through a new customer proposition that will improve customer service over time, while reducing costs and providing flexibility to meet changing customer requirements in the future

Watch out for cosy deals and handshakes
Insight
Watch out for cosy deals and handshakes

Published in Raconteur's Future of Procurement, Ian Bolger is quoted on the importance of balancing personal business relationships and an ethical approach to procurement.

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