Case Study: Raiffeisen Bank International achieves procurement excellence with akirolabs

Raiffeisen Bank International Achieves Remarkable Procurement Transformation

Raiffeisen Bank International (RBI), a major commercial and investment bank, faced significant challenges due to its highly complex and decentralized procurement operations across 24 countries. The organization struggled with fragmented category management, disconnected processes, and compliance risks stemming from manual workflows and siloed data. To address this, RBI partnered with akirolabs to digitalize its plan-to-strategy process.

Akirolabs provided a centralized, AI-enabled platform that digitized the entire pre-sourcing process, serving as a single source of truth for strategy and knowledge. This solution unified stakeholders, streamlined collaboration, and integrated with RBI's Procurement Academy for upskilling. As a result, RBI achieved full transparency and control over its procurement, enabling faster, more strategic decisions and ensuring regulatory resilience across all its key markets.

Raiffeisen Bank International

Edzard Jansen

Head of Group Procurement