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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

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