Monzo’s £21m Fine: Your Supplier Verification Wake-Up Call Sarah Drakard · Head Of Operations, Canopy 6 min read · 15 Jul, 2025 Photo by Rui Chamberlain on Unsplash When Monzo Bank was fined £21 million for accepting fake customer addresses like “10 Downing Street” and “Buckingham Palace” the headlines focused on banking failures. But the […]
Monzo’s £21m Fine: Your Supplier Verification Wake-Up Call Read More »
5 Signs Spreadsheets Are Slowing Down Your Procurement Team Sarah Drakard · Head Of Operations, Canopy 3 min read · 16 Jun, 2025 Photo by Pascal van de Vendel on Unsplash Over 70% of procurement teams still manage their supplier data in spreadsheets. And for small teams, that’s understandable — Excel is fast, familiar, and
5 Signs Spreadsheets Are Slowing Down Your Procurement Team Read More »
Can SMEs Finally Compete in Procurement? A New Opportunity Emerges Sarah Drakard · Head Of Operations, Canopy 4 min read · 29 Apr, 2025 Photo by Desola Lanre-Ologun on Unsplash Public procurement in the UK—£407 billion in 2023/24—should, in theory, be a powerful lever for economic growth. It buys everything from IT infrastructure to prison
Can SMEs Finally Compete in Procurement? A New Opportunity Emerges Read More »
You’ve likely seen the headlines—President Trump, back in the Oval Office, has reimposed sweeping tariffs on foreign goods, a move that sent tremors through global markets. But in a surprise twist, he’s now announced a 90-day pause on those tariffs, citing a desire to give U.S. allies and trade partners “room to adapt” (White House, 2025).
Tariffs, Turbulence, And Procurement: What Trump’s New Trade War Means For You Read More »
I’ve seen it firsthand—procurement teams drowning in spreadsheets, struggling to make sense of supplier records that just don’t add up.
One minute, a vendor’s certified and compliant; the next, an invoice bounces back because their bank details changed six months ago. Sound familiar? You’re not alone. Bad supplier data is more than an annoyance; it’s a hidden drain on time, money, and credibility.
Let’s break down how poor data impacts businesses and what you can do to fix it.
The Hidden Costs of Bad Supplier Data – And How to Fix Them Read More »
You spend millions of pounds with your suppliers, extending responsibility to them for critical parts of your product offering, and yet as a business…
It’s time you did something about your supplier data problem Read More »
