乐鱼(Leyu)体育官网

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Thinking five moves ahead

乐鱼(Leyu)体育官网 helped a global bank holding company advance its procurement function as part of its market-winning strategy.

Client

A global bank holding company

Sector

Financial services

Project

Coupa e-procurement solution

Client challenge

This global bank holding company successfully anticipates change. The company maintains its competitive position through continuous preemptive innovation, whether in hiring practices, agile business process design, digital commerce options, or hybrid retail outlets that combine banking with a caf茅 experience. When the company asked 乐鱼(Leyu)体育官网 for help in refining its e-procurement function, the bar was set implicitly high: Put a strategic solution into place for the 鈥渟martest folks in the room.鈥�

乐鱼(Leyu)体育官网 combined its 乐鱼(Leyu)体育官网 Powered Enterprise framework with a Coupa e-procurement cloud platform. Our client received the immediate procurement enhancements it required, delivered with speed and efficiency. Working with 乐鱼(Leyu)体育官网, the company also received something more: a team matched to its ambitions and able to respond as it thinks and acts 鈥渇ive moves ahead.鈥�

乐鱼(Leyu)体育官网 works with forward-looking clients from an understanding that delivered results are just the beginning of a longer journey.

Approach

乐鱼(Leyu)体育官网 used the prebuilt components of Powered Enterprise to configure a Coupa P2P cloud solution to the company鈥檚 specifications of process standardization, a simplified user experience, and improved expedited reporting. 乐鱼(Leyu)体育官网:

1

Developed a Coupa Procure-to-Pay (P2P) Core Model through more than 80 design workshops conducted with nine stakeholder groups.

2

Tested and deployed the model to all of the company鈥檚 offices in North America and the U.K., in tandem with 乐鱼(Leyu)体育官网-developed training and post go-live maintenance and support for 45,000 users.

3

During the course of the engagement, worked closely with the client to integrate three major upgrades of its P2P platform, in order to enable new features.

4

Provided organization design and business process design insight to integrate a previously separate Accounts Payable function into enterprise spend management, alongside other procurement functions.

Benefits to client

乐鱼(Leyu)体育官网 has helped the holding company to realize its strategic procurement vision at a level appropriate for an organization that asks not only 鈥淲hat challenges do we need to meet today?鈥� but also 鈥淲hat solutions do we need to anticipate 5, 10, and 15 years from now?鈥� Specific benefits include the following:

1

Improved user experience for 45,000 internal users and 9,500 suppliers, focused on simplicity, transparency, and intuitive functionality that encourages self-service and new behavior.

2

Accounts Payable, Procurement, and Sourcing operations consolidated in a single enterprise spend management organization.

3

Supplier Information Management functionality established, with real-time information accessible to customers via Coupa dashboard reporting.

4

Very strong Week One performance metrics: System accessed by 4,000 individual users; 2,900 purchase orders generated; 2,800 invoices approved; and 874 suppliers linked in to new system.

乐鱼(Leyu)体育官网 insights

  • Clients want trusted advisors who deeply understand their chosen technology solutions

    乐鱼(Leyu)体育官网 uses technology alliances with providers like Coupa to deliver immediate product and company insight to clients. They benefit from our strong day-to-day working relationship with our technology partners and dozens of jointly undertaken cloud migrations.

  • We speak all dialects of procurement

    Clients who undertake strategic procurement initiatives value granular, technical expertise in functions such as procure-to-pay, source-to-pay, general ledger, accounts payable, and general ledger. We use dynamic frameworks like 乐鱼(Leyu)体育官网 Powered Procurement to quickly deliver the distilled sum of our experience and insight in these areas.

  • Visionary organizations need partners who can keep pace with them

    乐鱼(Leyu)体育官网 works with forward-looking clients from an understanding that delivered results are just the beginning of a longer journey. The specialized insight, scale, stamina, and flexibility of 乐鱼(Leyu)体育官网 empower them to keep pushing the envelope in their industries.

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