The banking and financial services sector has underperformed in earnings and stock performance in the recent past due to a combination of excess regulation and intense global competition. Reducing costs, mitigating supplier risk and improving efficiency are key priorities for procurement and finance executives.
Hear how Christian Schmalz, Global Head Transactional Sourcing & Sourcing Model Transformation Lead at Credit Suisse, a leading private bank and wealth manager, partnered with Ivalua to improve control while undergoing a cost transformation program. Hear how Credit Suisse:
- Improved control to meet regulatory requirements
- Increased efficiency and transparency
- Uses Ivalua to identify further transformative opportunities