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Financial services

Transform purchasing, mitigate risk, and reduce costs.
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Modernise and streamline procurement.
Procurement in financial services faces unique challenges like regulatory compliance and legacy systems. With Amazon Business, procurement teams in banks, credit services, insurance, private equity, and investment firms can drive more compliant, cost-effective sourcing practices across the organisation.
From IT accessories to office and breakroom supplies, empower your teams to purchase what they need for their branches and hybrid workplaces.
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  • Simplify purchasing

    Empower your buyers to buy what they need, when they need it, guided by predefined controls.

    Simplify purchasing

  • Maintain compliance

    Mirror your organisation’s existing risk and compliance best practices within your account.

    Maintain compliance

  • Drive productivity

    Keep your employees focused on their core responsibilities by reducing manual purchasing tasks.

    Drive productivity

“The E2E transaction is now completely automated with no manual processing. Ordering, invoicing, and expensing is fully automated.”

Guillermo Bambach, Global RMO Source to Contract Process Owner, Citi
Amazon Business Analytics

Global RMO Source to Contract Process Owner, Citi

Features
Guided Buying

Empower employees to purchase what they need easily and quickly, with predefined guardrails and policies.

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guided buying
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Analytics and insights

Track spend across multiple locations with pre-built reports and custom dashboards.

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Budget Management

Set budgets, track spending, and reduce time spent auditing purchases.


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Account Authority

Establish ownership over an account or domain and designate it as your official business account.

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Spend insights

Uncover purchasing insights by visualising your spend and comparing across categories.

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Payment options

Find the right payment option to meet your needs with Amazon Business.

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Systems integration

Connect your existing e-procurement system to Amazon Business using Punchout.

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FAQs

  • Financial services organisations can better manage tail spend by providing a simplified purchasing experience for their organisation on Amazon Business. Buyers and employees can get what they need, when they need it, within predefined guardrails.

  • Procurement teams in financial services organisations can improve visibility into the purchasing process with Amazon Business’ analytics tools that help collect and track purchasing data.

  • Yes, Amazon Business integrates with over 300 systems, including those frequently used by financial services organisations, such as Coupa, Ariba, Jaggaer, Workday, Oracle, ServiceNow, and Concur.

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  • With Amazon Business, procurement teams in financial services organisations can centralise purchasing control while decentralising the buying experience. This allows employees in distributed locations to buy what they need, when they need it.

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