23 October 2017
visit www.atos.net

NAB UK outsources procurement-to-pay services

03 July 2006  |  7533 views  |  0 Online Buy and sell button

National Australia Bank UK (NAB UK) has appointed business process outsourcing firm Xchanging to manage indirect spend and transactional procurement processing on behalf of Clydesdale Bank and Yorkshire Bank.

The deal covers all of the indirect spend transacted by the two UK banks, including marketing, ATMs, travel, recruitment, facilities/utilities management as well as non-core IT spend.

As part of the partnership, Xchanging will also manage the banks' transactional procurement activity, such as order raising and invoice processing, by delivering a fully managed procure-to-pay service.

Tom Burns, general manager, operations of NAB UK, says the agreement supports the bank's UK "simplification strategy", enabling the organisation to focus on its core business functions.

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

NAB UK implements Axalto online card personalisation monitor

NAB UK implements Axalto online card personalisation monitor

21 April 2006  |  7478 views  |  0 comments
NAB contracts with Clear2Pay for Bank Payments Hub

NAB contracts with Clear2Pay for Bank Payments Hub

10 February 2006  |  11749 views  |  0 comments
Union slams NAB UK branch closures

Union slams NAB UK branch closures

18 August 2005  |  8526 views  |  0 comments
NAB to slash 10.5% of global workforce in cost-cutting programme

NAB to slash 10.5% of global workforce in cost-cutting programme

11 May 2005  |  7028 views  |  0 comments
NAB axes 1700 jobs at UK banking operations

NAB axes 1700 jobs at UK banking operations

30 March 2005  |  5560 views  |  0 comments
NAB looks to shift back office processing offshore

NAB looks to shift back office processing offshore

29 March 2005  |  6292 views  |  0 comments
NAB shakes up UK operations

NAB shakes up UK operations

07 February 2005  |  5915 views  |  0 comments

Related company news

 

Related blogs

Create a blog about this story (membership required)
Register nowvisit www.atos.netvisit www.fivedegrees.nl

Top topics

Most viewed Most shared
Mastercard to roll out blockchain APIMastercard to roll out blockchain API
15614 views comments | 17 tweets | 30 linkedin
HSBC partners Bud for open banking trialHSBC partners Bud for open banking trial
13659 views comments | 22 tweets | 28 linkedin
Sibos 2017: API or the highwaySibos 2017: API or the highway
10053 views comments | 12 tweets | 23 linkedin
satelliteGates Foundation backs Ripple collaboratio...
9958 views comments | 13 tweets | 10 linkedin
IBM uses blockchain to improve cross-border payments processingIBM uses blockchain to improve cross-borde...
8953 views comments | 9 tweets | 18 linkedin

Featured job

circa £250K total package
London

Find your next job