Keys to transforming indirect procurement: A case study
Hellenic Bank, a leading financial institution in Cyprus, partnered with GEP to transform its indirect procurement operations. The bank aimed to standardize, centralize, and digitalize its procurement processes for better efficiency and cost management.
With GEP's help, they managed to meet their goals, achieving:
- Deploying GEP SMART software to unify source-to-contract activities and meet compliance requirements
- Implementing a new procurement model to leverage technology and best practices
- Onboarding over 400 suppliers, integrating project requests with risk assessment, sourcing, contracts, and supplier management
- And more
Read the case study to hear the full story.