Case Study: Reach streamlines supplier risk and cuts manual processing with Omnea

Reach - Customer Case Study

Reach plc, a major UK and Ireland news publisher, faced significant challenges with fragmented procurement and third-party risk management processes. Their systems for intake, cybersecurity, data privacy, and legal were all siloed, leading to manual work, poor visibility, and difficulties managing over 3,000 suppliers. This lack of a central source of truth and automation was hindering their strategic goals.

To solve this, the company implemented the Omnea platform, which unified their procurement intake and risk management into a single, automated workflow. As a result, Omnea helped them reduce manual processing time by over 50%, cut their long-tail suppliers by approximately 15%, and auto-captured 70% of risks. The solution also consolidated four separate tools, saving over £100k annually and providing a single source of truth for all supplier data.

Reach

Sarah-Jane Peden

Head of Technology Procurement