Case Study

Banking on Innovation

Banking on Innovation

Pages 3 Pages

Vanquis Banking Group implemented Coupa to standardize and digitize its procurement and AP processes across divisions, increasing PO-backed invoicing from 25% to 99% and enabling automated tax coding, which saved significant time for the AP team. With Barkers’ assistance, VBG successfully deployed Coupa, enhancing compliance, improving supplier relationships, and reducing invoice processing time. The transition fostered a collaborative culture within VBG and centralized data management for over 2,000 suppliers, providing leadership with better financial insights. Since adopting Coupa, VBG has saved $23 million and aims to expand the platform for further efficiencies.

Join for free to read