News Releases

ISM's 95th Annual International Supply Management Conference - SAN DIEGO, April 26, 2010 - BC Hydro's acting chief procurement officer (CPO) will discuss his team's procure-to-pay strategy that is successfully supporting significant capital investments at ISM's Annual Supply Management Conference today.

Three years ago, BC Hydro, one of Canada's largest electric utilities, faced a major challenge: it had outsourced procurement and realized it needed to support major infrastructure upgrades, which would more than double its annual non-energy spend. To meet this need, the utility quickly ramped up an integrated internal and external team to bring significant spend under control including a partnership with BMO Spend & Payment Solutions for its Corporate Card spend.

Acting CPO Tony Morris, who leads the utility's procurement will detail his strategy to transform decentralized procurement procedures into a streamlined process, instill spend analysis, and enforce organizational compliance through procurement card (p-card) programs and online procurement.

WHO: Tony Morris, Acting Chief Procurement Officer, BC Hydro

WHAT: "Responding to Significant Change: BC Hydro Powers Procure-to-Pay Excellence"

WHEN: Monday, April 26, 2010 at 2 p.m.

WHERE: ISM's 95th Annual International Supply Management Conference - San Diego, CA: http://www.ism.ws/confplanner/conf.cfm?confID=34

About BMO Spend & Payment Solutions

A division of BMO Financial Group, BMO Spend & Payment Solutions is a leading commercial card, spend and payment solutions provider in North America. BMO Spend & Payment Solutions' products are widely used by corporations, non-profit and government-sector organizations to manage, control and gain better visibility into their commercial spending and payments.