Efficient procurement processes are used for more than just cost control – they are a strategic lever for ensuring compliance and competitiveness. This document shows how central KPIs can be used in a targeted manner to identify weaknesses and sustainably improve processes – especially in the banking environment.
Among other things, the focus is on
Learn how data-driven management helps to increase operational efficiency, meet regulatory requirements and support strategic goals.
ServiceNow®'s Source-to-Pay solution offers clear visibility across the entire procurement process, from sourcing to payment. By bringing all procurement activities—whether simple or complex—into one system, it enhances control over resource allocation and vendor management.
Supplier management becomes more efficient through centralized procurement requests and vendor onboarding, leading to better decision-making and stronger vendor relationships. This helps to improve sourcing strategies and drive operational efficiency.
Invoice processing is simplified and automated, ensuring accurate and timely payments while reducing delays and errors. This improves cash flow, strengthens financial oversight, and boosts overall business efficiency.
As an Elite Partner of ServiceNow®, the iTSM Group with its subsidiaries throughout Europe, is one of the most distinguished service providers for the Enterprise Service Management Platform of ServiceNow® in Europe.
We support our customers with a holistic approach and according to individual needs - from strategic orientation, implementation and competence transfer to the ongoing operation of the platform.