Leading Global Bank Unlocks $880M Savings & 10× ROI with Zycus Spend Analytics
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A global banking leader with over 200 million customer accounts set out to elevate procurement from a transactional function to a strategic value creator. By adopting Zycus’ spend classification and analytics platform, the bank unlocked $880M in run-rate savings, achieved a 10× ROI, and improved savings per sourcing FTE from $1.1M to $2.3M, enabling organization-wide performance gains across 160+ countries.
Key highlights:
- $880M annual run-rate savings attributed to Zycus-powered analytics.
- 10× ROI generated from procurement transformation initiatives.
- Savings per sourcing FTE improved from $1.1M to $2.3M over 4 years.
- FTE per $Bn of spend reduced from 59 to 40, improving operational efficiency.
- Positioned procurement as a strategic partner across regions, business units, and commodities.
- Enabled global category councils with unified, multi-region supplier spend insights.
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