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Hiscox


How Hiscox Mastered the Art of Supply Chain Automation for Unrivaled Business Success

Nosotros

Hiscox stands at the forefront of specialized insurance, boasting a legacy that traces back to 1901. As an integral component of the Hiscox Group, it leverages the strength of over 3.000 dedicated professionals across 14 countries to serve a global clientele.

Oficina central:
Pembroke Parish, Hamilton, Bermuda

Empleados:
3,000+

Revenue:
USD 3,7 mil millones+

Hiscox’s Website

Desafíos

  • Procurement teams needed greater control over their standard sourcing, purchasing, and invoicing activities
  • Siloed procurement processes and delayed invoice processing procedures
  • Complex processes causing low user-adoption of technology platforms
  • Difficulty reporting on supplier KPIs including diversity and ESG-related factors

Beneficios

  • Spend under management increased from 33 % to 80 % in just 8 weeks
  • Improved expense ratio (underwriting premiums vs. expenses)
  • Real-time due diligence and transparency into supply base
  • Integrating various isolated systems into a unified procurement platform for supplier onboarding, creating PO’s, and handling invoice processing.
  • Streamlined P2P processes, while also improving user adoption, resulting in simplified procurement processes and a consistent user experience.

Vea MÁS HISTORIAS DE ÉXITO DE CLIENTES


El valor de una plataforma de aplicaciones integradas desde la compra hasta el pago unificada

Ícono CPU - Blanco

Mayor adopción y automatización

Ícono reloj - Blanco

Visibilidad de gastos y proveedores de 360 grados

Ícono ojo visible - Blanco

Mayor colaboración con partes interesadas y proveedores


PLATAFORMA


Analítica

Flujo de trabajo

Integración

IA

Colaboración

Modo de diseño

Módulos adicionales

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