Finance

Maximize financial performance with IBM Emptoris Strategic Supply
Management solutions for procurement

Global companies are faced with a challenging economic environment and increasing volatility and risk. As a finance professional, you’re being challenged in this environment to control costs, conserve working capital and ensure corporate compliance, all while driving an improved bottom-line performance.

Financial experts say that organizations are hampered in successfully meeting these objectives due to poor organizational intelligence, lack of enterprise spend visibility and controls and generally inefficient processes and systems.

IBM® Emptoris® Strategic Supply Management solutions can help address these challenges and provide your organization with the visibility and actionable intelligence needed to sustainably reduce costs and maximize financial performance.

  • Increase Legal Productivity – With ever increasing pressure on legal budgets, the contract management solution enables automation and greater efficiency in the creation, negotiation and approval of contracts, freeing up your legal department to focus on the most strategic matters.
  • Sustainably Reduce Costs – With IBM® Emptoris® Sourcing, your organization has the industry’s most powerful e-sourcing capabilities to sustainably reduce costs. The solution’s advanced sourcing and decision optimization capabilities make sourcing manageable for even the most complex categories.
  • Ensure Contract Compliance – The average Fortune 1000 company maintains 20,000 to 40,000 contracts—and up to 52% of these contracts are non-compliant to legal or corporate standards. With IBM® Emptoris® Contract Management, you can automate contract processes and gain greater visibility into and control over your organization’s contracts—improving compliance and mitigating financial risks.
  • Manage Complex Services – With IBM® Emptoris® Services Procurement, your organization can improve the visibility into and monitoring of its growing use of consultants, service providers and contingent labor, ensuring better cost control and compliance.
  • Save on Telecom and Mobile Expenses – With IBM® Emptoris® Rivermine® Telecom Expense Management, your organization can reduce telecom spend by up to 35% by optimizing plans and services, identifying billing errors and removing unnecessary devices and services.

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