Case Study: Van Lanschot Kempen strengthens risk management with ISPnext

Minimise Van Lanschot Kempen's Risk Management with ISPnext

Van Lanschot Kempen, a financial institution, needed to improve its risk management and procurement processes. Their challenges included a lack of organization-wide access to contracts, difficulty tracking responsibility, and the need to justify expenditures to regulatory bodies. To address this, they implemented ISPnext's Vendor Management solution.

ISPnext provided a centralized system for spend analysis, contracts, and vendor ratings, offering clear visibility and automated reminders. The solution enabled Van Lanschot Kempen to perform risk assessments, ensure compliance, and clearly demonstrate their exit strategies for audits. As a result, ISPnext provided the institution with greater insight into contract expirations and internal responsibilities, allowing them to measure and aim for the highest level of contract compliance.

Van Lanschot Kempen

Peggy Klingers

Head of Procurement