“Nowadays, the procurement process is completely digitized, from budgets to POs, including claims, action plans
and evaluations. We are also considering and testing Artificial Intelligence which is mandatory for the future of Procurement.”
Chief Procurement Officer Covéa
Covéa is one of the leading insurance group companies in France. In order to comply with an EU directive called Solvency II, Covéa needed a procurement platform which allowed them to better manage their indirect spend, drive homogeneous contracts across all their branches, and improve supplier verification.