Case Study: Technicolor Group achieves greater procurement transparency and collaboration with SpendHQ

Technicolor selects SpendHQ solution to drive business, increase transparency, and collaboration in Procurement

Technicolor Group, a French company in broadcasting and digital video and imaging systems, needed to modernize its Source-to-Contract procurement approach. Its existing procurement tools were starting to show limitations in performance and user experience, prompting the team to adopt a best-of-breed digital strategy. SpendHQ’s Procurement Performance Management platform was selected to support this shift.

SpendHQ replaced Technicolor’s prior performance management and savings-tracking tool in less than four weeks, while integrating with the company’s other procurement systems. The platform improved reporting, visibility, and collaboration across internal stakeholders, helping Technicolor consolidate and present procurement data more effectively. According to the case study, the company was on track for €115 million in savings in 2021, with €42 million already realized in the first half, and targeted cumulative savings of €325 million by the end of 2022.

Technicolor Group

Cédric Le Savéant

Sourcing Director