Financial Services Procurement Solutions from Ivalua
In the last decade, financial regulation has grown tremendously with restrictive capital requirements, stricter risk management obligations and new data privacy laws. Abiding by this broad regulation corpus is not an option anymore, failing to do so jeopardizes the core business.
Procurement, as a major gateway to third parties, is a key stakeholder in protecting the business from third-party risk. However, leading procurement teams do not solely see suppliers as a source of cost savings and risk mitigation. They also view them as a key component to improve business performance, innovation, sustainability and diversity. They leverage them to reinvent their business model, satisfy rising customer expectations and fight back the intensifying global competition.
Ivalua provides a market-leading solution that Procurement can leverage to both secure compliance and bring more value to the business.