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Enforce compliance and mitigate risk with IBM Emptoris Strategic Supply Management solutions for procurement

Global companies are operating in an increasingly competitive, volatile and risky environment. As a result, ensuring strong corporate governance, enforcing compliance to growing regulation and managing risk have become even more critical, complex and challenging.

One core function that influences and even dictates success across all your core areas of responsibility is contract management. Contracts, of course, are the foundation of most key business relationships and impact legal, operational and financial performance. The average Fortune 1000 company maintains 20,000 to 40,000 active contracts—and up to 52% of these contracts are non-compliant to legal or corporate standards, according to research by the Aberdeen Group.

IBM® Emptoris® Strategic Supply Management solutions give companies greater visibility into spending, contracts and vendors and suppliers—and enable improved compliance enforcement and risk mitigation.

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