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JAGGAER One for Financial Services Procurement

Empower your procurement teams with powerful risk management and strategic sourcing tools for long term cost savings. Invest in robust, compliant solutions that support the highest levels of security and sensitivity for banking, financial services, and insurance to meet the growing demands of procurement and supply chains.

Considerable Transparency for Business Continuity

With advanced analytics and embedded intelligence, you can identify not just cost savings but best value across all suppliers and regions – helping you adapt to market shifts and achieve optimal operational efficiency. Your ability to remain competitive depends on meeting customer expectations that are ever changing. A progressive, disciplined approach to your procurement processes means complete visibility into what’s happening and where you can improve performance.

Why JAGGAER?

Mitigate Risk

Ensure visibility and accountability with a full overview of supplier activities and risks in standardized formats. Establish risk mitigation strategies for each category of supply, and automate your risk assessment capabilities through a unified platform.

Continual Savings

Improve sourcing, strategic indirect procurement and accounts payable, all with one platform. Leverage digital procurement to create long-term value and build sustainable relationships as well as improvements without sacrificing risk, quality, and speed.

Stay Compliant

One flexible solution to keep you up to date with changing regulatory requirements. Set rules to automatically prevent orders until requirements are met to help you guarantee compliance. Configurable workflows with complete digital audit trails prepare you for financial and government audits.

Agility Built-in

Ensure optimal spend management by adding solutions and capabilities as your organization’s strategies and needs evolve. Consolidate global-giving, contracts, and performance data into one true source for faster insights. Stay at the forefront of an increasingly competitive financial field and respond faster to shifts in the industry.

USD spend managed on the JAGGAER ONE platform.

Banking, financial service, and insurance companies manage their spend and procurement initiatives through JAGGAER.

Suppliers are enabled to help banking, financial service, and insurance companies find cost­ saving opportunities.

Strategy & Philosophy

Grow your cost savings and efficiency while reducing your risk to your financial service.

  • Deliver better supplier relationship management
  • Protect your products and services from the risk of errors and non-compliance
  • Transform the role of procurement to generate value

 

JAGGAER One for Financial Services

Keep all your S2P and SCE data in one system and leverage that information with augmented analytics that provide you with deep predictive insights.

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Spend Management

JAGGAER software gives your team the tools to control costs and grow revenue. Our AI-powered spend analysis solution turns data into actionable insight for value-adding impact across all spend categories.

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Category Management

Create, track, and iterate on your digital procurement category strategies. Deliver cost-savings and continuous improvement, powered by unrivalled category intelligence.

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Supplier Management

Harness JAGGAER software to discover new commercial opportunities within supplier management – and manage risk based on Al predictions to increase value across your supply chain.

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Strategic Sourcing

JAGGAER software empowers smarter spending with the most complete source-to-pay solution. Optimize expenses – direct and indirect – and gain actionable insights to deliver exceptional value and greater sustainability.

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Contracts

JAGGAER software harnesses Al-powered automation to deliver deeper visibility and execute contracts faster, with increased compliance and reduced risk.

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eProcurement

JAGGAER software empowers procurement to cut costs and add value. Enhance compliance and optimize spend control through our user friendly, comprehensive, and intelligent procurement solution. Enjoy the benefits of a simplified procurement experience that enables frictionless commerce in a vast supplier network.

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Supply Chain Collaboration

JAGGAER software improves supplier collaboration for optimized performance in logistics, quality control, sustainability, and resilience – and gives you the real-time tools to enable supplier continuity in times of disruption.

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Invoicing

JAGGAER software brings the benefits of full automation of global Accounts Payable processes, while ensuring compliance with regional and country-specific regulations.

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Payments

JAGGAER’s networked, intelligent and extensible platform provides end-to-end global AP automation to increase efficiency and reduce overhead costs. With JAGGAER Pay, every AP task managed in a single solution, eliminating the need to bounce between ERP’s and multiple-point solutions.

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Data Insights

Optimize business performance and uncover new opportunities, through powerful procurement analytics and embedded intelligence software.

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Intelligence

Gain competitive advantage by empowering better decision making and higher utilization. JAGGAER software combines embedded intelligence and innovative technologies to deliver strategic insights and value-adding automation.

My goal is to ensure we are armed with the right data to make well informed sourcing decisions, to mitigate organisational risk and ultimately deliver strong commercial outcomes.

Vivek Pai,
Head of Procurement & Tactical Change
Convex
Convex

Success Stories

Maturity Assessment

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