Western & Southern Financial Group Drives Compliance with JAGGAER’s Full P2P Solutions
- Banking, Insurance and Financial Services
- Press Release
- Procure to Pay
RESEARCH TRIANGLE PARK, NC – June 11, 2018 – JAGGAER, the world’s largest independent spend management company, is expanding its Procure-to-Pay (P2P) solution offerings for Western & Southern Financial Group (Western & Southern), a Fortune 500 company and the parent company to a group of diversified financial services businesses. Building upon its current JAGGAER supplier management and contract lifecycle management solutions, Western & Southern’s full P2P suite will now include a new eProcurement solution to enhance cost controls and expense management efficiencies.
“In addition to its industry and domain expertise, recognized leading technology, and proven history of delivery, one of the main reasons we selected JAGGAER was because it offers a full procurement portfolio of both upstream and downstream solutions through a single provider,” said James Essex, Assistant Vice President of Sourcing and Corporate Procurement at Western & Southern.
“Fortune 500 financial services companies trust JAGGAER to fulfill and deliver comprehensive spend management solutions that address the industry’s toughest sourcing and procurement challenges,” said Robert Bonavito, CEO of JAGGAER.
About Western & Southern Financial Group
Founded in Cincinnati in 1888 as The Western and Southern Life Insurance Company, and celebrating 130 years this year, Western & Southern Financial Group, Inc. (Western & Southern), a Fortune 500 company, is now the parent company of a group of diversified financial services businesses. Its assets owned ($47.9 billion) and managed ($26.6 billion) total $74.5 billion as of March 31, 2018. Western & Southern is one of the strongest life insurance groups in the world. Its six life insurance subsidiaries (The Western and Southern Life Insurance Company, Western-Southern Life Assurance Company, Columbus Life Insurance Company, Integrity Life Insurance Company, The Lafayette Life Insurance Company and National Integrity Life Insurance Company) maintain very strong financial ratings. Other member companies include Eagle Realty Group, LLC; Fort Washington Investment Advisors, Inc.;1 IFS Financial Services, Inc.; Peppertree Partners LLC;1 Touchstone Advisors, Inc.;1 Touchstone Securities, Inc.;2 W&S Brokerage Services, Inc.;2 and W&S Financial Group Distributors, Inc. For more information on the Western & Southern family of companies, visit westernsouthern.com. Western & Southern is the title sponsor of six major community events every year, including the Western & Southern Open (wsopen.com), a premier event in the U.S. Open Series played each August by the world’s top-ranked professional male and female tennis players.
1 A registered investment advisor.
2 A registered broker-dealer and member FINRA/SIPC.
For current ratings, please visit http://www.westernsouthern.com/about/financial-information/financial-ratings.
About JAGGAER: Global Indirect and Direct Spend Management Solutions
JAGGAER is the world’s largest independent spend management company, with over 1,850 customers connected to a network of 3.7 million suppliers in 70 countries, served by offices located in North America, Latin America, throughout Europe, the United Kingdom, Australia, Asia, and the Middle East. JAGGAER offers complete SaaS based indirect and direct eProcurement solutions with advanced spend analytics, complex sourcing, supplier management, contract lifecycle management, savings tracking, and intelligent workflow capabilities. We have pioneered spend solutions for over two decades and continue to lead the innovation curve by listening to customers and analyzing the market. Our solutions suites are trusted by the world’s largest education, manufacturing, health care, retail, consumer package goods, logistics, construction, utilities companies and public service organizations.