Mitchells & Butlers Case Study
Mitchells & Butlers (M&B) spends around £1billion with suppliers each year. Although there were mature offline processes and procedures already in place, they required a significant level of management as well as auditing processes. This urges them to embark on a procurement excellence program - Medius Sourcing & Contract Management was selected to help them establish efficiency, control and reduced risk across the entire supply base.
With our intuitive software, M&B is able to:
- Gain complete visibility of spend & enhanced protocol
- Reduce the supplier on-boarding process from 3-4 weeks to a few hours
- Increase spend under contract significantly
- Reduce supply-chain risk
- Improve process efficiency and time-savings dramatically
Explore four financial hurdles facing finance professionals
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Automated to autonomous AP
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