Trusted by 1,000+ global procurement leaders
Financial services and procurement
As financial companies increase their vendor base, mitigating third-party risk becomes increasingly challenging. The variety of products and services used makes manually qualifying and evaluating suppliers complex and time-consuming.
Kissflow Procurement Cloud ensures that supplier due diligence and compliance checks automatically become part of all your purchases, making risk something you never have to worry about.
Ensuring compliance and
security take the first seats
The challenge
Managing the complexities of different procurement categories, from real estate to software, in one place
Our solutionOne platform for all categories
Kissflow Procurement Cloud provides a centralized platform to manage all your purchases, like goods, software, and services. Its customizable forms and workflows adapt to the unique processes and policies required to handle each procurement category
The challenge
You have a vast supplier base. That’s great. But managing their varying complexities becomes more challenging as the number of suppliers increases
Our solutionStreamline supplier management
Efficiently manage the complexities of a big and diverse supplier base by enabling supplier self-service, contextual collaboration, and proactive supplier performance management
The challenge
More than 40 percent of financial companies don’t perform thorough compliance and performance checks, exposing them to financial and business risks
Our solutionMitigate third-party risk
Kissflow Procurement Cloud lets you easily conduct due diligence whenever new suppliers are onboarded and audit their performance in regular intervals to check if they are meeting contractual obligations
Mitigate more than just risk
Supplier performance
Track your supplier’s performance over a period of time and offboard those that don't meet your contract terms
Reports and analytics
Custom analytics and reports help determine if suppliers are meeting your compliance standards
Custom contract approvals
Ensure the right stakeholders approve contracts and eliminate any gaps for discrepancies and risks
Supplier due diligence
Easily define your due diligence criteria, like financial stability, regulatory compliance, ethical practices, and more
Sourcing events
Smart sourcing tools let you collaborate with potential suppliers, compare quotes, and choose the best from the lot
Integration
Our platform’s open API capabilities ensure seamless integration with all your accounting and financial apps
What customers love
about Kissflow Procurement Cloud
Complete visibility
As a Procurement team, we wanted a smart P2P solution that gave our customers a rich experience in terms of visibility and user experience. KPC checked all those boxes for us!
Zakaria El Rhezaoui
Senior Director Procurement
Fully flexible
Kissflow Procurement Cloud is incredibly flexible. It helped us create various workflows for several use-cases and it’s incredibly user-friendly.
Jawed Neshat
Director of Finance and Operations
Better efficiency
With Kissflow Procurement Cloud, we were able to automate 80% of tasks that we were doing manually before and it has significantly improved our efficiency.
Bernard Hasiholan
Head of Finance
Top-notch service
Compared with all the other products we evaluated, the team at Kissflow Procurement Cloud is the most patient, knowledgable and they always found a way to make our requests happen.
Roy Reuter
Director Indirect Procurement
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