Free Shipping on orders over US$39.99

Aquanima Grupo Santander Wins Prestigious El Diamante de la Compra 2022 Award for Procurement Innovation Through its Partnership with Globality – Yahoo Finance

Recognised by Spanish procurement industry body AERCE (Association of Purchasing, Contracting and Procurement Professionals) for utilizing AI-powered technology to transform the way it buys B2B services
LONDON, May 04, 2022–(BUSINESS WIRE)–Aquanima Grupo Santander, a global procurement company that provides value solutions to Santander Group and other clients from different sectors around the world, has won the renowned AERCE El Diamante de la Compra® Award in the Innovation category for the way Santander is using Globality’s AI-powered Platform and Marketplace to transform how the bank sources B2B services.
The AERCE El Diamante de la Compra® Awards – organized by the Spanish Association of Purchasing, Contracting and Procurement Professionals (AERCE) – recognize outstanding work from procurement teams, and highlight the increasingly important function they play within their organizations, showcasing best practices and strategically valuable projects over the past 12 months.
The Innovation category recognizes a project, action or initiative that has demonstrated true innovation. The award is given to the procurement team that can demonstrate a radical new method or approach to one of the most challenging aspects of the sourcing process.
As a result of the partnership with Globality, Aquanima Grupo Santander is enjoying improved demand management and increased sourcing competition, and able to make more effective decisions, realize significant time and cost efficiencies, and foster greater collaboration between business stakeholders, procurement, and suppliers.
"We are delighted to receive this award, which is testament to our shared vision for the Future of Procurement," said Jorge de la Vega, CEO of Aquanima. "That future, based on self-serve sourcing, is a competitive advantage for Aquanima Grupo Santander, helping us to continually evolve and boost our capabilities to give the best service to our clients."
Aquanima’s project realized significant results within 90 days of adopting Globality’s Platform. In particular, Santander Bank realized substantial efficiencies by scoping their requirements in days instead of weeks, and awarding work in less than a month, drastically increasing speed to market and also saw average cost savings of 15% across projects awarded on the Platform.
"Globality is proud to partner with Aquanima Grupo Santander in revolutionizing the way Fortune 500 and Global 2000 companies buy services," said Joel Hyatt, Chairman, Co-Founder and CEO, Globality. "For the first time, sophisticated, AI-powered technology exists to enable fair, competitive, sustainable self-serve sourcing for all indirect spend – unlocking a huge, new opportunity for procurement to create strategic business value and help meet the challenges of today’s volatile global economy."
About Aquanima Grupo Santander
Aquanima Grupo Santander is a global procurement company with more than 20 years of experience that provides value solutions to Grupo Santander and other clients from different sectors around the world. Aquanima manages +10 billion per year, carries out more than 10,000 operations and homologates more than 5,000 suppliers.
Its expertise has been key for Grupo Santander to obtain the best efficiency ratio in the European financial industry. A knowledge that the company applies to the market in the 13 countries it’s placed, to +100 clients, thanks to the best team of +500 procurement experts.
Aquanima’s offer includes global solutions, both strategic and tactical that the company operates locally being adapted to each client needs in the sector and region in which they are located. All its solutions are applied under ESG criteria through its own TPRM model.
About Globality
Globality is a Silicon Valley-headquartered technology company co-founded by Joel Hyatt and Lior Delgo to connect global companies with the best suppliers at the right price for any sourcing need across every service category. Through its AI-powered Platform and Smart Sourcing technologies, Globality is bringing digital transformation to the sourcing industry. Globality’s AI digital solution replaces the archaic analog Request for Proposal, efficiently and effectively scoping needs, managing demand, matching companies with outstanding suppliers that meet their specific service needs, and cutting the sourcing process from months to hours while delivering savings of 20% or more. In January 2021, Globality raised $138 million from Sienna Capital and the SoftBank Vision Fund, bringing the total investment it has raised since its founding six years ago to $310 million. For more information, visit
View source version on
Noelia Tapia
Nardi Media for Globality (US)
Ashley Bernardi
Missive for Globality (UK)
James Gullis
The Hong Kong market saw heavy selling here on Wednesday in Chinese tech names such as Alibaba Group Holding ( and HK:9988), which dropped 3.7% on the day. Investors also were spooked by ride-hailing operator DiDi Global , which mentioned in its annual report that it is being investigated by the U.S. Securities and Exchange Commission over its disastrous initial public offering last June. Hong Kong was closed just for Monday.
In this article we take a look at the latest portfolio updates by Cathie Wood. We will discuss some important stocks the hedge fund investor sold in the first quarter of 2022. You can skip our discussion and go directly to read Cathie Wood Is Selling These 5 Stocks in 2022. Cathie Wood’s hedge fund […]
Stock market indexes traded mostly lower ahead of the Federal Reserve's policy statement this afternoon, while earnings reports sparked some outsize moves.
Missed expectations on the top and bottom lines suggest Amarin's path forward isn't as clear as investors want it to be.
Healthcare ranks as one of the most pressing concerns for retirees, and with medical expenses rising every year, two out of three Americans worry about high healthcare costs in retirement. Models estimate that a retired couple at age 65 will … Continue reading → The post The IRS Just Boosted How Much You Can Contribute for Retirement appeared first on SmartAsset Blog.
(Bloomberg) — The collective sigh of relief in markets after Federal Reserve Chair Jerome Powell pushed back against super-sized hike speculation may be short lived.Most Read from BloombergFed Hikes Rates Half-Point as Powell Signals Similar Moves AheadRussia Seeks to Annex Occupied Ukraine as Invasion Goals ShiftU.S. Forgives $6.8 Billion in Public Service Worker Student LoansAs Putin Gets Desperate, U.S. Should Remember Pearl HarborIndia Wants Russia to Discount Its Oil to Below $70 a BarrelT
Despite a beat on both the top and bottom line, Etsy stock tumbled after hours following underwhelming guidance.
(Bloomberg) — The Federal Reserve delivered the biggest interest-rate increase since 2000 and signaled it would keep hiking at that pace over the next couple of meetings, unleashing the most aggressive policy action in decades to combat soaring inflation.Most Read from BloombergFed Hikes Rates Half-Point as Powell Signals Similar Moves AheadRussia Seeks to Annex Occupied Ukraine as Invasion Goals ShiftU.S. Forgives $6.8 Billion in Public Service Worker Student LoansAs Putin Gets Desperate, U.S.
The lithium miner greatly increased its full-year 2022 guidance for revenue and a key profitability metric.
The stock market soared as Fed chief Jerome Powell signaled no supersize rate hikes. Apple, Exxon flashed buy signals. What should investors do now?
Nikola (NASDAQ: NKLA) shares have been on a downtrend the past week, and those declines continued early today. Nikola will provide its 2022 first-quarter update for investors tomorrow before the market opens, and hold a conference call at 9:30 a.m. ET. In its last report for the fourth quarter and full year 2021, the company detailed out the first meaningful revenue forecast in its short history.
The Dow Jones rallied over 2% in late-afternoon trading after the Fed's rate hike announcement triggered a broad-market rally.
Lyft was pummeled during early trading Wednesday following an earnings report that beat estimates.
It's been a volatile journey for Lucid Group (LCID) since the SPAC business combination was announced. A big surge above $60 in February 2021 was soon followed by a correction below the $20 level. After some consolidation, Lucid stock surged again above $50, with the company announcing the commencement of vehicle deliveries. Investors, however, again resorted to profit booking, and the stock currently trades at around $20. Can Lucid stock make a strong comeback? I believe the stock is already in
The narrative around Amazon (NASDAQ: AMZN) is slowing sales growth in its retail business, in which online stores reported a 1% decline in revenue last quarter. It has fast-growing revenue coming from advertising, third-party seller services, Prime subscriptions, and cloud services. A quick glance at what these businesses are worth helps illustrate why Amazon is a solid investment at these low share prices.
Vladimir Putin has been forced to raid Russia’s dollar reserves to pay creditors in a U-turn that has staved off the country’s first international default since the Bolshevik revolution.
U.S. stock futures opened slightly lower Wednesday evening after a rally on Wall Street, when many investors breathed a sigh of relief that the Federal Reserve was unlikely to raise interest rates even more aggressively in the coming months.
MarketWatch Picks has highlighted these products and services because we think readers will find them useful; the MarketWatch News staff is not involved in creating this content. Finding good, trustworthy financial advice is tough. Have a question about how to handle an issue with your financial adviser or thinking of hiring a new financial adviser?
Marathon Digital stock has been volatile as Bitcoin adoption grows. Here’s what the fundamentals and technical analysis say about the stock.
The environment for chip stocks is undeniably tough. I'm a believer in an almost permanent state of demand for everything this industry does.


rafi rajib
We will be happy to hear your thoughts

Leave a reply

Reset Password
Compare items
  • Total (0)
Shopping cart