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In retail, every location - and sometimes every employee - is a buyer of goods and services, from landscaping to janitorial supplies. Inefficiency and waste are often the result, as suppliers proliferate and purchase contracts go unused.
Mike Wilding, CPO and SVP of Accounting for Rent-A-Center, deals with these challenges across 4,000 locations and 20,000 employees. Over the last two years, Mike has led Rent-A-Center's effort to revamp and automate procurement processes - driving an average of 10% savings in every automated category.
During this webcast, Mike will discuss Rent-A-Center's approach and results in detail, including:
- Reducing suppliers by 10% and invoices by 5%
- Increasing user adoption to provide spend visibility
- Accelerating ROI using a software-as-a-service (SaaS) solution
- Working with IBM Emptoris and Coupa Software to create a single, central solution