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In 2018, when LifeScan was divested from its parent company and into private equity ownership, ERP Project Manager Abu Subhan was charged with finding a new Procure to Pay system. One of his initial remits was to find a system that integrated with the new owners’ existing systems.
There was an Accounts Payable license agreement in place, which was costed on a percentage of turnover. LifeScan’s large revenue, however, meant it was an expensive choice. They also needed a comprehensive Accounts Payable solution that would integrate and work with their procure to pay system.
LifeScan held a competitive review and whittled the choice down to four bids, involving two-day selection workshops where each vendor showcased their services and solutions.