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Financial Services Case Study 2

Provided Ongoing Spend Visibility and 20% Savings via Sourcing
Financial Services Case Study 2
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Provided Ongoing Spend Visibility and 20% Savings via Sourcing

Client Profile

$1B finanical services and bank holding company with 30+ community banking divisions across the Southeast.

Client’s Issue

The client had no visibility into its spend and therefore had no way to identify sourcing and compliance opportunities.

Our Approach

The client engaged Insight Sourcing to drive procurement value across its many banks and divisions in the following ways:

  • Strategic sourcing-related cost reduction across multiple categories
  • Ongoing spend visibility with SpendHQ
  • Office supplies cost reduction and category management through the consortium program

Categories Addressed

  • Commercial Print & Stationary
  • Promotional Items
  • Office Supplies
  • Telecommunications

PROJECT RESULTS: Provided Spend Visibility and ACHIEVED 20% Savings

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