Lloyds TSB has gone live with SAP’s
Supplier Relationship Management (SRM) E-Procurement
software.
The moves follows the completion of a trial programme run
jointly by Lloyds TSB, SAP Consulting and Capgemini UK.
The SAP software is being rolled out across the 72,000 staff
within the Lloyds TSB Group, offering a single, easy to use, common
buying process for the majority of Lloyds TSB's spend on goods and
services.
Mark Swyny, service and systems director for group procurement
at Lloyds TSB, said the bank is taking a strategic approach to
align technology with business plans, in order to provide a better
service for customers and a more effective way of working for
Lloyds TSB’s employees.
Swyny said, “The solution is a key part of the Lloyds TSB
Group’s major Procurement Transformation Programme. It will allow
us to optimise control of spend and reduce costs in the bank's
procure to pay process, using an electronic, fully integrated
closed loop solution with our existing SAP Financial and Reporting
solutions.”
SAP raises stakes in battle of SRMs >>
SAS institute launches new version of SRM >>
Lloyds TSB >>
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