Connect with us

Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website. .

Top Stories



Professional audio and music products company to deploy full source-to-pay suite to procurement and finance professionals in China, Hong Kong and the Philippines

Ivalua, the leading global Spend Management Cloud provider and Consus, a leading procurement solutions provider, today announced that MUSIC Group, a professional audio and music products company based in China, has selected Ivalua’s Source-to-Pay solution in conjunction with Consus services to achieve cost savings and drive transparency across their procurement operations.

MUSIC Group’s portfolio features manufacturing and design companies with products ranging from audio console, signal processing and audio equipment, live sound equalizers, power amplifiers, and more. The company’s sole focus is to “Enable Life Changing Experiences” for internal and external stakeholders; the Group requires a faster go-to market in response to changing customer requirements.

The Group chose Ivalua and Consus for their deep capabilities in source-to pay. Additionally, the Group was looking for a trusted partner aligned with their “customer experience first” vision to jointly disrupt current processes and adopt best practices globally.

“When looking for a supplier, we are first looking for a trusted and long-term partner rather than just an implementation partner” said UliBehringer, Tribal Leader / CEO at MUSIC Group. “MUSIC Group’s Vision and sole purpose is to empower our people to provide life changing experiences for our customers. We are very pleased to have found an alignment in our Vision and Values with Ivalua and Consus, making them the ideal partners on our mutual, long-term and enjoyable journey.”

“Asia is a strategic market for us, and with over 40 referenceable customers in the region, we see Consus’ and Ivalua’s presence continuing to expand,” said ShantanuBhomwick, Chairman & CEO of Consus Global. “MUSIC Group presents a unique opportunity to expand in China given their industry and vision, and we plan to deploy a best-in-class platform to disruptively transform their source-to-pay processes.”

“Retail markets are highly dynamic and exceptionally competitive, facing historically tight margins while fighting to keep product quality high,” said Dan Amzallag, CEO of Ivalua Inc. “The MUSIC Group’s selection of Ivalua and Consus highlights our growing presence in Asia and we are looking forward to partnering with them to deliver ever better service to their customers.”

Global Banking & Finance Review


Why waste money on news and opinions when you can access them for free?

Take advantage of our newsletter subscription and stay informed on the go!

By submitting this form, you are consenting to receive marketing emails from: Global Banking & Finance Review │ Banking │ Finance │ Technology. You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact

Recent Post