Thursday 21st March, 2013
With approximately 4,000 locations and 20,000 employees, US rent-to-own service provider, Rent-A-Center was struggling with a highly de-centralised and manual purchasing process with low employee adoption. On top of that, the onboarding of suppliers was extremely time-consuming and complicated. As a result, the company was not efficient at consolidating purchasing to influence pricing or optimizing its contract, invoicing and supplier management processes. Tasked with revamping the entire procurement process for greater efficiency and savings, Rent-A-Center relied on the combined power of procurement solutions offered by IBM Smarter Commerce and Coupa to streamline its spending.