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DBS Bank Digitizes Spend to Accelerate its Digital Journey

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Susie West
CEO, sharedserviceslink

The Development Bank of Singapore (DBS) is the largest bank in Southeast Asia with 280 branches in 18 markets. Named the “Safest Bank in Asia” by Global Finance from 2009 to 2017, DBS is unparalleled in security and regulatory compliance. 

As their organization and supply base grew, digitizing procurement and spend processes became increasingly necessary. Current processes, like invoicing, were inefficient and cumbersome. They needed better spend visibility. And regulatory compliance was critical for the very diverse regional requirements.

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