Protiviti and RheinBrucke partner to optimise eProcurement in the Middle East

May 12, 2022 23:30 IST | ANI Press Release
Tennis player James Blake
Mohamad Hassan Abdullah Alnoman, Chairman of RheinBrucke Middle East

Dubai [UAE], May 12 (ANI/NewsVoir): According to the International Data Corporation, the Middle East, Turkey and Africa (META) region is expected to spend up to USD 40 billion on digital transformation initiatives by 2022. In keeping with these new technology disruptions, Protiviti Member Firm for the Middle East Region, a global business consulting firm has partnered with IT consultancy RheinBrucke to enable eProcurement through RheinBrucke's strategic sourcing solution MeRLIN (Material eResource Linked Information Network).

The agreement was signed by Vetri Selvan, CEO and Managing Partner, RheinBrucke and Arindam De, Deputy CEO and Managing Director, Protiviti Member Firm for the Middle East Region. The event was attended by leadership from RheinBrucke and Protiviti including H.E. Mohamad Hassan Abdullah Alnoman, Chairman of RheinBrucke Middle East.

Protiviti will be the strategic advisor and partner for the MeRLIN platform in the Middle East market and the team will deliver projects, helping them accelerate procurement digitalization and achieve effective ROI. In addition, Protiviti will also be the cloud integration partner for MeRLIN.

Speaking on the sidelines of the event, H.E. Jamal Bin Saif Al Jarwan, Secretary General of UAE International Investment Council (UAEIC) said, "This partnership will enable both parties to deliver value and improve the performances of both manufacturing and public sector enterprises while they continue to adopt spend management solutions to help them gain a competitive advantage by managing complexity, improving supplier relationships, and ensuring supply chain reliability."

Alnoman said, "The partnership between Protiviti and RheinBrucke will provide value to businesses, as we are witnessing an upward trend in the market where organizations are attempting to reduce their technology costs and focusing on supply chain transformation through the implementation of procurement digital solutions."

Globally, supply chain disruptions can cause a 62 per cent loss in finances. This partnership between Protiviti and RheinBrucke will ensure agile procurement operations.

Commenting on the new alliance, Arindam De said, "Our strategic partnership with RheinBrucke supports our endeavour to bring innovative solutions to our clients, aligning to their business requirements and keeping pace with the technological disruptions in the region. Together, we share a commitment to helping enterprises streamline and optimize their purchasing processes through strategic sourcing and eProcurement."

MeRLIN serves as a solution for direct and indirect procurement and is recognised by analysts such as Spend Matters for its depth and solution coverage. MeRLIN was recently named as a Notable Vendor in 2022 Gartner® Manufacturing Context: Magic Quadrant™ for Procure-to-Pay Suites.

*Gartner, "Manufacturing Context: Magic Quadrant for Procure-to-Pay Suites", William McNeill, Cian Curtin, Kaitlynn Sommers, March 7, 2022.

Disclaimer - GARTNER and MAGIC QUADRANT are registered trademarks and service marks of Gartner, Inc. and/or its affiliates in the U.S. and internationally and are used herein with permission. All rights reserved. Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

This story is provided by NewsVoir. ANI will not be responsible in any way for the content of this article. (ANI/NewsVoir)


(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)


Dear Reader,

Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor