With tightening credit and revenues, companies are particularly focused on reducing working capital requirements to minimize reliance on borrowing. Experts point to the timing of accounts payable and accounts receivable as a significant area where cash can be taken out of the system. The opportunities for cash savings and preservation in accounts payable and inventory management are largely untapped or unfulfilled at most organizations.
IBM® Emptoris® Strategic Supply Management solutions provide capabilities to enable companies to more effectively maximize working capital.
- Consolidate your purchasing on a smaller group of preferred suppliers and negotiate leaner delivery schedules and more favorable payment terms by leveraging IBM® Emptoris® Sourcing and IBM® Emptoris® Contract Management.
- Gain greater visibility into spend patterns and commitments with IBM® Emptoris® Spend Analysis.
- Work proactively with key suppliers to innovate and find further savings with IBM® Emptoris® Supplier Lifecycle Management.
- Help minimize unnecessary telecom services, equipment inventory and un-utilized mobile devices with IBM® Emptoris® Rivermine® Telecom Expense Management.
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Priority code: 101K803W
Solutions
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Emptoris Sourcing
Advanced sourcing that makes complex events simple
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Emptoris Contract Management
Automate the entire contract lifecycle and improve compliance
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Emptoris Spend Analysis
Deep enterprise-wide spend visibility and analysis
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Emptoris Supplier Lifecycle Management
A single end-to-end supplier management solution
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Emptoris Rivermine Telecom Expense Management
Manage the mobile and telecommunications lifecycle