From Operational to Transformational: Barclay’s Journey from Regulatory Compliance to World Class Spend Management


Gracia 4

With the following speakers:

Phil Thomas

Managing Director, Head of Sourcing | Procurement

The Barclays Procurement transformation encompassed a full change program including people, process, technology, and meeting new regulatory policies. Transformation implemented new ways of working, creating a center-led function with a new organizational structure, the deployment of agile sourcing to increase efficiency and reduce time to value, supported by the deployment of BSM. To date Barclays has achieved 84% of spend through Coupa and it is targeting 95% by the end of 2019. In this breakout, Barclays' procurement leaders describe the challenges, achievements, and lessons learned to date, and show how they are creating a program on Frictionless Procurement to integrate Coupa into their business process, increasing automation of the end-to-end process, and to remove the need for users to interface with the system!