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Successful ‘Go live’ of Coupa solution for European bank

by | November 23, 2015

After signing with Xoomworks in June 2015, we are pleased to announce the successful go live of Coupa P2P system on the 23rd Nov 2015 for our client, a group who own and develop niche companies in the areas of finance, real estate, asset management, insurance and retail.

They are rapidly expanding, with over 3700 employees, and operations in 14 countries across Europe and Asia, and as part of their ongoing growth strategy they recognised the need to streamline and merge group and corporate functions across offices, which had previously acted autonomously.

“It was a pleasure to assist the client with the creation of a group wide procurement function to cater to the business needs of a rapidly expanding company: providing a level of control and visibility over spend to sustain this growth”

Dave Dolan Engagement manager and Principal consultant

This remit included the transformation of their procurement function: specifically to address the lack of control over indirect spend, and refining procurement processes and systems, to create a leaner, more transparent and efficient operation.

After listening carefully to their needs, Xoomworks recommended the Coupa P2P solution as a suitable fit for their business needs, with its market leading average of 88% spend under management compared to 54% for other platforms.

Xoomworks successfully completed a core model design and go live for an initial wave of countries; the client is now in the process of rolling out across the rest of their European estate.

Useful links:

Value proposition – Make your procurement far more profitable with Coupa delivered by Xoomworks
Contact us – Have a more detailed discussion with one of our procurement experts on how a P2P system could help meet your business needs.