teamed-up with Efficio , the world ' s largest strategic , tech-enabled procurement and supply chain consultancy , operating across 13 offices in Europe , North America and the Middle East .
Titan was born out of PTSB ’ s need to find significant savings across its thirdparty spend , and , in just over a year , Efficio had helped it deliver annualised savings of € 12mn , much of which sprung out of Titan ’ s consolidation of PTSB ’ s large and disparate supplier landscape .
“ This enabled us to secure the most competitive resources from selected partners across high-spend categories ,” says Dolan . “ For example , the IT reseller landscape was consolidated from 12 to 2 providers , and the IT consulting and development supply base from 29 to 10 providers .
PTSB was founded in 1816 as the Irish Savings Bank in Waterford , before expanding to Dublin and Limerick . This makes it one of the oldest financial services institutions in Ireland .
Following a merger with Irish Life & Irish Permanent , PTSB became Ireland ’ s leading provider of mortgage services , current accounts and assurance products .
90 October 2022