Financial Services Case Studies

Financial Services Case Studies

Drove Over $4MM in Savings in Select Spend Areas

Client Profile

$1B provider of full-service banking, including FDIC-insured deposits, consumer and business banking, commercial real estate and residential construction loans to customers in the Northwest United States.

Client’s Issue

The client needed help understanding the value of developing internal needs analysis, creating competition, and negotiation among many vendors in a spend category.

Our Approach

The client engaged Insight Sourcing Group to conduct a spend analysis and identify strategic sourcing opportunities in select spend areas. Additionally, the client generates on-going savings by participating in the firm’s Office Supplies Consortium.

PROJECT RESULTS:
Drove Over
$4MM in Savings
tHROUGH SPEND
ANALYSIS AND SOURCING

Categories Addressed

  • ATM Equipment
  • Ad Agencies
  • Checks
  • Exterior Signage & ATM Surrounds
  • IT Hardware & Software
  • Office Supplies
  • Telecommunications
  • Online Banking

Ready to Accelerate Savings and Procurement Performance?

Insight Sourcing Group

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