Leading in the New Reality: Financial Services Procurement Teams

An exclusive online discussion for IT, finance and procurement executives in the financial services sector in the United States.

Leading in the New Reality: Financial Services Procurement Teams

As financial services confront the challenges of today’s global economy and make significant changes to their working environment, they need to successfully manage risk and compliance mandates across regions while controlling cost. Now more than ever, they need to identify third-party risks to reduce fraud and meet regulatory requirements. 

Thriving in the ‘new normal’ will depend on leveraging digital initiatives and alternate solutions for inefficient paper invoicing and other manual, low-value transactional processes. Investing in digital technology can also enhance our ability to gain global spend visibility and control. With the rise in PPE scams and third-party data breaches, procurement and risk managers are being called into action to lead and navigate organizations during this difficult time. 

• How can procurement and finance leaders optimise technological investments to protect themselves against third-party risk, improve back-office operations, and control spend globally?
• How can financial services navigate the pandemic’s economic impact, while positioning themselves for new opportunities as economies begin to rebound?