TRANSUNION
“ At TransUnion , we help organisations to navigate the noise , aggregating that data into manageable and insightful reports . This is also important for our own supplier diversity reporting at TransUnion .
He adds : “ We have a robust process for analysing our data and classifying it , so in order to make an impact , we have to be able to report against a baseline and if you don ’ t have good analytics , then that can ’ t happen . Particularly in a growing organisation , you can quickly lose sight of third-party spend , so bringing stability to that and providing reporting is valuable to the decision-making process .”
TRANSUNION AND ITS RELATIONSHIPS
DID YOU KNOW ...
Critical to the success of any organisation , particularly when it comes to large-scale initiatives , TransUnion values its relationships . The company selects its relations based on their dedication to the long-term goal : the art of what is possible over time , not just the quick wins . TransUnion looks for relations with those that are innovative and will grow with the organisation .
“ We have a cloud initiative , a global business system and a customer interaction tool set that we internally call ‘ Project Illuminate ’ that we are working on ,” explains Ascolani .
“ In order to successfully implement projects like these – especially global ones – you need to have strong relationships with the providers that assist you in that implementation . In my team , we have expanded multiple aspects of our procurement function . One in particular is our risk analytics capabilities , where we have just begun an automation project with the help of Dun and Bradstreet . We went through an extensive sourcing exercise to select them , and we are very excited to be able to better screen our vendors , customers , and other third party relationships .”
Another relationship for TransUnion is Slalom , which helps it from a staffing perspective for a number of critical projects . “ Their skillset pairs well with our culture and environment . They understand what we are trying to do and provide us the resources to get us there quickly ,” says Ascolani .
“ We also have a strong relationship with Salesforce , who support our customer journey from a business customer perspective and with whom we have a long-standing relationship . And then we have Coupa Software , our procure-topay ( P2P ) tool , which transformed us from a spreadsheet-based , manual processdriven organisation into a more structured , cloud-based organisation for our analytics and sourcing .” procurementmag . com 167