Financial Services Archives - Page 2 of 3

Transforming Supply Chains: Your participation in the 4C Survey will help you think differently about your supply chains

Supply chain and logistics innovation is essential for businesses to stay competitive and succeed. It can help improve financial performance, customer satisfaction, and employee motivation. Organizations need to be able to keep up with the pace of change and implement widespread initiatives to distinguish themselves from their peers. The 4C Transformative Supply Chain Annual Survey can help businesses assess...

The importance of sustainability in the corporate world

Our sustainability event in London discussed importance of sustainability for organizations and how they can collaborate with supply chains to drive sustainability. The event highlighted the challenges of sustainability, such as working with complex supply chains and keeping up with regulations. It also discussed how companies are waking up to sustainability and how they are collaborating with their suppliers...

Sustainability and Cost Reduction: Are They Mutually Exclusive?

In the current economic climate, procurement teams face the challenge of reconciling the push for sustainability with the need for cost reduction. Businesses are urged to adopt eco-friendly practices even if they come at higher costs, while inflation drives the demand for cost cutting. The conventional belief that sustainability drives up cost is being challenged. Strategies such as Total...

From Automation to Analytics: How Technology Is Making Supplier Management More Efficient and Effective

In the rapidly evolving business landscape, effective supplier management is essential for competitiveness and success. Technology is reshaping this landscape, introducing automation, analytics, collaboration, transparency, and AI to enhance value and performance. Inefficient contract management causes potential value loss, while most procurement lacks advanced supplier relationship programs. Technology-driven automation streamlines tasks like ordering, boosting efficiency and supplier performance. Analytics...

Survival of the Fastest: Why the ‘3 Ps’ Must Become the ‘4 Es’

Traditional businesses need to adopt technology platforms to improve efficiency, sustainability, and compliance. Technology platforms are essential for businesses to survive and thrive in today's world. Businesses that resist new technologies will be at a competitive disadvantage. The blog discusses three key challenges of not investing in new technology platforms: data leakage, compliance failure, and talent deficiency. It also...

ChatGPT: Friend or Foe in the Pursuit of Sustainability?

We explore whether ChatGPT can help improve sustainability, examining the potential benefits and challenges of using AI to promote sustainable practices.

Transformational Change Programme

Helping our client transform their Central Services Division and the value it provides the wider organisation through successful delivery of integrated technology and business change.

Post-merger Restructuring

Working with a multinational foreign exchange company on post-merger restructuring and novation of supply contracts following the acquisition of a global business payments business.

Operating Model Development & Implementation

Supporting a global payments company in a transition to a new procurement operating model and capability.

Operating Model Transition & Regulatory Remediation

Working with a UK challenger bank to define a new operating model for procurement and complete urgent remediation to ensure regulatory compliance.

Cost Optimisation Strategy & Execution

Working with a global bank to deliver a bottom-line improvement of €50M across a €1.2B portfolio of spend

Why diversifying your supply chain is a commercial imperative

How can a partnership with non-traditional suppliers help your business to unleash the benefits of supply chain diversity?

Experience first: The human-centred design principles accelerating the new norms in source-to-pay transformation

This blog discusses how the integration of S2P AI with Human Centred Design will address seven distinct unmet needs through improved user-accessibility, frequency of business-critical insight generation and procurement process efficiency, beyond what is currently available.

The Case for Change: Procurement Annual Report 2023

In last years’ Procurement Annual Survey we discussed the unprecedented procurement and supply chain challenges facing organisations and provided a series of recommendations on how to reimagine and to reinvent procurement for the future. Whilst supply chain resilience issues caused by the pandemic linger, other challenges have emerged with recent political and macroeconomic events significantly impacting energy and input...

Interview: Innocent Drinks’ strategy for success as B Corp leaders

When B Corp launched in the UK, it gained attention in the business industry with organizations seeking to gain certification that independently endorsed their credentials. Being certified distinguishes those companies who are simply using savvy marketing and greenwashing rhetoric, from those genuinely committed to driving positive social and environmental change.