Value as a service
Challenge
Paper-based processes led to inefficiency and risk.
Siloed processes led to limited visibility and control over spend.
Offline, non-automated reviews led to labor-intensive risk management.
Lacked visibility and flexibility during pandemic.
Results
Achieved improved visibility and efficiency with digitized spend.
Centralized work flow enabled effective analytics to assess risk.
Digitization allows easy access to data for audits and risk management.
“CNA has tripled the number of annual assessments, improved risk visibility and better aligned expert resources.”
— Doug Kortfelt, SVP, Chief Procurement Officer