金融服务业的采购挑战：是时候适应了

Overcome inefficiency and drive value with modern solutions. Introduction. The financial services industry (FSI) is undergoing rapidtransformation, demanding that procurement and sourcingleaders evolve quickly. This eBook explores the challenges facingfinancial services procurement, outlines strategic priorities,and examines the role of technology in shaping the future ofprocurement. Learn how modern solutions such as WorkdaySpend Management can help your organization not only keeppace but also lead the way. The current state of procurement infinancial services. Today’s procurement and sourcing leaders in financial services face a complexenvironment, often with multiple business entities with differing protocols,making consistent results with current procurement strategies a challenge.A Workday-commissioned study of 105 financial services executives fromOctober 2024 demonstrates these challenges. In fact, 40% of procurementleaders in the financial services industry report inconsistent results. Addingto these challenges, 32% face significant budget constraints. Furthermore,a concerning 29% of organizations lack comprehensive risk assessmentpractices, which can be especially problematic given the varying riskthresholds across different areas of financial services. It’s clear that thetime is ripe for a transformation in how procurement drives business valuewithin the financial services sector. The future of procurement:Technology and innovation. Strategic priorities:Value and efficiency. As the Workday-commissioned study highlights, technology and innovationare seen as critical to addressing these priorities and shaping the future ofprocurement in financial services. The research found that a majority at 60%say streamlining and automating collaboration and workflows would reducefriction. AI is also gaining traction, with 50% seeing AI potential in requisitioningand purchase order (PO) processing. Moreover, 42% believe AI can transformsupplier contract automation. These findings indicate a strong desire toleverage technology to improve efficiency, accuracy, and strategic capabilitieswithin the procurement organization. In the face of these challenges, FSI procurement leaders are focusing on keystrategic priorities. The same Workday-commissioned research reveals that asignificant 68% prioritize efficiency in their procurement operations. Closelyrelated, 62% emphasize value creation, seeking to maximize the return onprocurement investments. Additionally, cost optimization remains a crucialfocus for 52% of leaders. These priorities highlight the need for procurementfunctions to operate leanly and strategically contribute to the bottom line. The Workday platform:A strategic partner. Workday empowers financial services procurement leaders to transform theirfunction into a strategic business partner, driving tangible value across theorganization. Workday achieves this by providing a unified platform that deliversreal-time visibility into spend and supplier data, enabling procurement teams topinpoint opportunities for cost savings, efficiency gains, and risk mitigation.This comprehensive data access is crucial for financial services institutions,where precise financial control and regulatory compliance are paramount. Furthermore, the next-generation AI solution Workday Illuminate™revolutionizesprocurement processes. By automating key tasks and providing intelligentinsights, Workday Illuminate streamlines operations, fosters seamlesscollaboration across departments, and fuels strategic growth. This includesAI-powered capabilities in areas such as requisitioning and PO processingas well as supplier contract automation, addressing key challengesidentified by financial services procurement leaders. Workday offerscomprehensive spend management, encompassing sourcing, procurement,contract management, and supplier management, all within one platform.This unified approach eliminates data silos and provides the foundation fordata-driven decision-making, enabling financial services organizations tooptimize spend, reduce risk, and enhance profitability. Conclusion. The financial services industry demands a modern, strategic approach toprocurement. Organizations that continue to rely on outdated processesface significant challenges, including inefficiency, budget constraints, andinconsistent results. By embracing technology and focusing on value creation,efficiency, and innovation, FSI procurement can overcome these hurdles andbecome a true strategic partner to the business. Workday provides the toolsand solutions to make this transformation a reality. Ready to transform your procurement strategy and drive greater value foryour financial services organization? Contact sales to explore how WorkdaySpend Management and Workday Illuminate can help you achieve your goals.Visithttps://www.workday.com/en-us/products/spend-management/overview.htmlor call 1-877-WORKDAY. About the research behind this eBook. Between August