Case Study: BorgWarner achieves spend visibility and data quality improvements with Creactives Total Spend Visibility

BorgWarner - Customer Case Study

BorgWarner, a major automotive supplier, faced significant challenges in managing its complex global procurement and spend data. With over €7 billion in annual spend across 26 countries, the company struggled with a lack of data harmonization, poor categorization, and multiple taxonomy structures, which prevented a clear view of its spending. To address this, they partnered with Creactives to implement its Total Spend Visibility (TSV) solution.

Creactives provided an AI-powered software solution that delivered 95% data accuracy and continuous spend categorization. This enabled BorgWarner to achieve spend transparency at the group level, standardize its data using a unified taxonomy, and implement process improvements for managing purchase orders and invoices. The vendor's solution successfully provided reliable reporting and a comprehensive overall view of spending for the customer.

BorgWarner