The private high-speed rail operator, iryo, has achieved full digitalization of its purchasing processes, resulting in financial savings of €3.4 million and a remarkable return on investment of over 200% in just two years. Partnering with JAGGAER has led to a complete transition from manual procurement to a digital platform, enhancing efficiency and transparency in operations.
The company has seen a significant reduction in traditional backdoor purchases, with procurement processes growing from managing 30 negotiations in 2024 to 154 negotiations during the current year. Iryo’s emphasis on risk management has allowed it to identify legal, financial, reputational, and compliance risks, ensuring a more robust operational framework moving forward. To further improve its purchasing strategies, iryo plans to integrate JAGGAER with SAP by December 2025, along with several other modernization projects set for completion by 2027.
👉 Pročitaj original: CIO Magazine
