Case Study: a global banking institution achieves 30% lower operating costs with ProcessUnity

Global Banking Institution lowers operating costs 30% with ProcessUnity

A global banking institution based in London with over 80,000 employees faced a significant challenge due to its fragmented supplier risk management processes. These processes were spread across multiple systems, leading to slow onboarding, manual work, inconsistent data, and expensive operating costs. The bank needed a single, scalable platform to handle its 15,000+ suppliers and meet complex, multi-jurisdiction regulatory demands, which led them to partner with ProcessUnity.

ProcessUnity implemented its TPRM Platform to consolidate the bank's multi-system stack into one centralized solution for onboarding, due diligence, monitoring, contracts, and SLAs. The results were substantial, including a 30% reduction in operating costs from system consolidation and over 550 daily users on the platform. The solution also enabled the classification of 15,000 suppliers and delivered measurable efficiency gains across the procurement function.