23 August 2017
visit www.avoka.com

NAB UK outsources procurement-to-pay services

03 July 2006  |  7477 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  |  7436 views  |  0 comments
NAB contracts with Clear2Pay for Bank Payments Hub

NAB contracts with Clear2Pay for Bank Payments Hub

10 February 2006  |  11689 views  |  0 comments
Union slams NAB UK branch closures

Union slams NAB UK branch closures

18 August 2005  |  8479 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  |  6982 views  |  0 comments
NAB axes 1700 jobs at UK banking operations

NAB axes 1700 jobs at UK banking operations

30 March 2005  |  5521 views  |  0 comments
NAB looks to shift back office processing offshore

NAB looks to shift back office processing offshore

29 March 2005  |  6258 views  |  0 comments
NAB shakes up UK operations

NAB shakes up UK operations

07 February 2005  |  5882 views  |  0 comments

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.worldpaymentsreport.comvisit www.dorsum.euvisit www.niceactimize.com

Top topics

Most viewed Most shared
Mobile contactless spending accelerating in UKMobile contactless spending accelerating i...
12736 views comments | 27 tweets | 23 linkedin
Barclays pairs banking data with third party apps for SmartBusiness DashboardBarclays pairs banking data with third par...
11364 views comments | 22 tweets | 34 linkedin
Australia regulates digital currenciesAustralia regulates digital currencies
10518 views comments | 21 tweets | 34 linkedin
RBS to bring Silicon Valley to EdinburghRBS to bring Silicon Valley to Edinburgh
10479 views comments | 10 tweets | 8 linkedin
hands typing furiouslyWhy Is Risk Analytics Important?
10443 views 0 | 6 tweets | 1 linkedin

Featured job

Competitive base and bonus, plus benefits
London, UK

Find your next job