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A FORTUNE 500 life insurance company had reached a key inflection point in its vendor lifecycle management (VLM) program as it tried to stand up a new enterprise procurement function that would allow the company to capture commercial value and manage third-party risk across the enterprise.
Lack of visibility into sourcing and procurement across divisions meant the company was not able to leverage the best commercial value, nor identify its risks lurking within the third-party supply base.
Read on to learn how KPMG Powered Procurement and Coupa technology helped the insurance company accelerate Source-to-Pay transformation.
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