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It has been facing increasing regulatory stringency on one side and expanding expectations from digitally savvy consumers on the other. In such an environment, where agility and quick evolution have become critical corporate characteristics, procurement professionals in B&FS industries will support sustainable growth by:
Procurement and finance functions within the B&FS sector will work closely with CIOs, CTOs and CMOs to generate competitive operational excellence using sophisticated data analytics and making advanced technology decisions. Amplifying procurement’s role as a strong controlling function both internally and externally with banking supply networks - will assure your company’s position among banks of the future.
To read about our procurement solutions for B&FS industry, download brochure
However, operational efficiency and organizational agility will still play big roles in determining who succeeds and emerges as top global competitors in restructured global B&FS markets. While continuing to advance spend management practices internally, major emerging areas of emphasis for B&FS sourcing and procurement teams will be to ensure agile discovery of innovative potential partners along with advanced risk management, governance and control capabilities throughout supply and service provider networks.
Zycus’ SaaS modules for the Source-to-Pay cycle can help.
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Browse through some of our customer case studies
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Browse through Zycus’ knowledge hub and benefit from the vast resources of our research reports, whitepapers, or webinars on various topics from the world of procurement and sourcing.
With a vision of the future that includes integrated, predictive,synthesized and globally-scoped business intelligence, it is not surprising that 3 out of 5...
This whitepaper looks into the procurement enhancement model implemented at successful procurement organizations within the banking and financial industry...