The Discovery.
In 2023, the corporate and investment banking division of a major French banking group acquired a French business unit from a Canadian bank. This acquisition introduced them to BankCheck, a platform the Canadian bank had successfully integrated across its global financial counterparty KYC and payments operations. For the French group, accustomed to an American incumbent solution across most of their organisation, BankCheck was a new discovery.
As the new French owners integrated the newly acquired unit, they were pleasantly surprised by BankCheck. The platform and the BankCheck team offered not only responsive and supportive service but also incredible flexibility. User feedback was overwhelmingly positive, with employees enjoying the platform’s user-friendly interface and efficiency. Moreover, the impressive cost savings caught the attention of the procurement team.
The Adoption.
Recognising these advantages, the procurement team decided to explore the potential of expanding BankCheck's implementation across more business units within the group. Their experience with the platform turned them into passionate advocates, as they saw how BankCheck aligned perfectly with both procurement objectives and the needs of users and business managers alike.
Procurement didn’t face an uphill battle. As they championed the platform, department by department, they found a warm reception from employees who appreciated both the usability and the support of BankCheck's service team.
The Outcome.
Through collaboration with BankCheck, the procurement team not only achieved substantial cost-saving successes without disruption but also fostered a culture of innovation and efficiency within the group. They transformed an acquisition challenge into a seamless transition by uncovering a solution that meets organisational objectives and user satisfaction.
The partnership continues to thrive, with ongoing efforts to further integrate BankCheck across the organisation. Thanks to the procurement team’s advocacy, BankCheck has evolved from a tool to a valued partner in achieving strategic business objectives.
