Barclays

Customers / Barclays
Barclays

Barclays Gains Transparency In Complex Procurement Process

With procurement a priority, and the necessity of complying with banking transparency and security regulations, Barclays finds the one tool they need with Coupa.
Watch Now
Company Overview
Moving, lending, investing and protecting money for customers and clients worldwide
Headquarters
London, United Kingdom
Employees
75,000+
 

Value as a Service

92%

Achieved on Contract Spend

84%

Spend Under Management

24

Hours to Produce Third Party Liabilities

Challenges

Regulation and compliance changes made procurement a priority.

Controlling costs and driving value company wide needed improvement.

Too much backend work was required in procurement functions.

Achieving OCI compliance required modernization.

Solutions

 

Coupa Procure

Coupa Invoice

Coupa Analytics

 

Results

 

Cutting edge technology manages all information and spend on the cloud.

Visibility of spend led to good auditability of the approval process.

Reporting on regulatory commitments regarding third-party spend is efficient.

 

"Coupa is an enabler that gives us that transparency and visibility that we didn't have before."

Al Williams, Chief Procurement Officer