PTSB & Efficio win dual awards at National Procurement Awards 2025

Applauded for their pioneering approach to procurement last year, PTSB & Efficio secured two awards at the National Procurement Awards 2025, winning Best Private Sector Procurement Project of the Year and Procurement Team of the Year for their innovative, enterprise-wide transformation in financial services procurement.

The award-winning project centred on a forward-looking Payments Platform initiative, integrating smart automation through eFlow to enhance efficiency, resilience, and ESG alignment. By modernising the Payments Engine, PTSB & Efficio enabled real-time processing, streamlined operations, and scalable solutions, all while maintaining compliance with complex regulatory requirements.

Judges praised both the strategic vision and measurable outcomes of the initiatives. “PTSB & Efficio impressed the panel with a transformative procurement strategy that delivers innovation, efficiency, and clear ESG integration. Their Payments Platform project demonstrates tangible savings, operational resilience, and strong stakeholder engagement, setting a new benchmark for financial services procurement,” the judges noted.

The Procurement Team of the Year accolade further recognised the organisation’s high-performing, forward-thinking team. “The team showcased exceptional leadership and collaboration, tackling complex operational challenges with scalable, technology-driven solutions,” the panel added. “Their approach exemplifies how innovation, strategic vision, and measurable impact can elevate procurement to a key driver of business success.”

PTSB & Efficio’s dual recognition reflects evolving standards in the National Procurement Awards, where excellence is defined by innovation, operational impact, and enterprise-wide transformation. 

Carrying the momentum from 2025 winners, attention now turns to the 2026 awards cycle. Who will lead the next wave of transformative procurement, operational resilience, and enterprise-wide innovation?

Visit the official National Procurement Awards website to explore past winners, review categories, and subscribe for updates and insights on Ireland’s leading procurement initiatives.