London, 1, July, 2024— TSM (Touchstone Spend Management) is thrilled to announce that we have been shortlisted for the prestigious 2024 CIPS Awards. This recognition highlights our transformative project with ISG, which aimed to revolutionise supplier management through a robust Source-to-Pay (S2P) solution.
The project, in partnership with ISG, focused on automating onboarding processes, integrating risk checks, and optimising payment cycles using the Ivalua platform. Key outcomes of this initiative included reduced onboarding time, enhanced risk management, and streamlined payment processes. These achievements have not only improved efficiency but also fostered collaboration, innovation, and continuous improvement, setting a new benchmark for excellence in procurement.
“We are honoured to be recognised by CIPS for our work with ISG,” said Peter Layzell, Head of Business at TSM. “This project showcases our commitment to delivering innovative solutions that drive significant value for our clients. Being shortlisted for the CIPS Awards is a testament to the hard work and dedication of our team.”
The CIPS Awards celebrate excellence in procurement and supply management, recognising organisations and individuals that demonstrate outstanding achievements in their field. The winners will be announced at the awards ceremony on 18th September 2024 at the JW Marriott Grosvenor House.
For more information about the shortlist, visit the CIPS Awards 2024 shortlist page.
About TSM
Touchstone Spend Management (TSM) specialises in delivering innovative procurement solutions that drive efficiency and value. Our expertise in supplier management, risk integration, and payment optimisation helps organisations achieve their strategic objectives.
