The COVID-19 pandemic has led to an unprecedented health and economic crisis. As financial services companies struggle to navigate through this crisis, they must leverage Procurement strategies discussed in this paper to ensure business continuity and avoid a cash crunch.
Valorant is supporting its Private Equity clients and their portfolio companies with customized Procurement programs to help mitigate the impact of the crisis and ensure stronger recoveries. Read this white paper to know more about what we are doing and how it is helping our clients.
Valorant is helping companies in the financial services industry to assess the potential impact to their business and develop strategies to mitigate the challenges arising due to COVID-19. Read more to find how our COVID risk assessment and impact mitigation program can help your organization.
Financial services industry is facing numerous challenges to minimize disruption and maintain business continuity amidst the COVID-19 crisis. Rapid sourcing can provide quick yet sustainable savings on third party spend to help companies manage the crisis better and post a stronger recovery.
Valorant’s end-to-end procurement services can help insurance carriers transform their organization, enabling a 10–15% reduction in third-party spend and 1–2% improvement in expense.
Valorant helped a leading Financial Services company drive $17MM in savings, enabling them to successfully navigate key developments in the industry and stay ahead of competition.
Several experts believe that global markets are heading into a recession in the next 2 years. Procurement strategies discussed in this paper can help financial services companies in mitigating the adverse impacts of an economic downturn
As the banking industry braces up for the impending digital transformation, banks must orchestrate a well-rounded strategy with collaboration of all business functions including Procurement to maximize benefits of transformation.
Agile has become the preferred software development methodology for the financial services industry. Software development contracts must be accordingly updated by leveraging these contracting strategies, in order to safeguard companies’ interests and establish strong contracts