Case Study: CV Services Group achieves centralised vendor management and smarter procurement with Felix

CV Services Group targets up to $2 million in annual savings with Felix

CV Services Group, a multi-disciplinary services provider operating across Australia's Asia-Pacific, faced challenges with fragmented procurement and vendor management due to its growth through acquisitions. With multiple business systems and duplicate vendor records, the company lacked a consolidated view of spend and compliance, making it difficult to implement strategic initiatives. They implemented the Felix platform to gain group-wide control.

By implementing Felix, CV established a centralized vendor management framework. The solution streamlined vendor onboarding, consolidated records, and improved data visibility, which enabled strategic supplier consolidation. As a result, CV achieved an estimated $2 million in annual savings and now directs a majority of its spend through a smaller, more strategic pool of suppliers. Felix provided the single source of truth needed for better governance and decision-making.

CV Services Group