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RCBC Undergoes Procurement Assessment

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RCBC Undergoes Procurement Assessment


Manila, Philippines, May 7, 2011 -- TransProcure is currently conducting a complete procurement assessment for Rizal Commercial Banking Corporation (RCBC), flagship member-company of the Yuchengco Group of Companies (YGC) and one of the largest private domestic banks in the country. For the onsite study, TransProcure uses a 2-pronged approach: Quantitative Spend Analysis and Qualitative Procurement Review for a comprehensive assessment of the banking institution's procurement activities. With more than P200-B consolidated assets, RCBC provides a wide range of financial services mostly for the investment and financing requirements of its corporate clients.




About TransProcure  (www.transprocure.com)


TransProcure is the leading global procurement solutions and services company and the first in providing Procurement Business Process Outsourcing (BPO) and Out-tasking Centers located in key cities in Asia with presence in Asia-Pacific, North America, Latin America, and Europe. It has also a Central Procurement Shared Services Center headquartered in Manila, Philippines. TransProcure assists companies to accelerate the value of procurement by extending its many services around the procure to pay cycle and ancillary services at efficient and low-cost country position. Information is available at www.transprocure.com



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