Charting a Course to Operational Excellence
Charting a course to operational excellence and driving continual improvement at a global organization poses significant challenges. Leadership, internal collaboration and problem solving skills are essential components of success. However, perhaps the most critical and manageable component is your operational visibility and intelligence. The right intelligence enables optimal decision making—and drives increased value across the organization.
Maximize Efficiency and Performance with the Emptoris Suite
Emptoris provides your organization with a single, accurate and robust source of intelligence for corporate spending, contracts and supplier and vendor relationships.
These solutions deliver comprehensive and multi-dimensional visibility, as well as sophisticated and robust analytics, across the global organization. The actionable intelligence these solutions deliver allows you to make informed decisions, drive continual operational improvement, and maximize performance.
Identify Savings Opportunities and Sustainably Reduce Costs
With our Spend Analysis solution, you automate the collection and correlation of spend data from across disperse and disparate ERP and financial systems to get deep visibility into spending. This insight drives the strategies and targeting for successful cost control programs—which can then be effectively executed using our Sourcing solution.
Benchmark studies show that companies with best-in-class strategic spend and supply management can save:
- From 15%-30% on IT costs
- At least 10% on indirect expenses
- Up to 35% on telecom expenses
- Up to 15% on logistics and transportation costs
Manage and Mitigate Risk
The average Fortune 1000 company maintains 20,00 to 40,000 contracts—and up to 52% of these contracts are non-compliant to legal or corporate standards, according to research by the Aberdeen Group. With our Contract Management solution, you can automate, improve and gain greater visibility into your organization's contract lifecycle. As contracts are the foundation of most key business relationships, stronger contracting can drive improvements across key operational areas, most notably in expediting sales contracts—and in enforcing compliance and mitigating legal, financial and operational risks.
Further, with our Supplier Lifecycle Management solution, you can proactively manage outside suppliers and vendors, the cause of the majority of operational disruptions and risks.
Position Your Organization to Outperform the Competition
Supplier management is also a key driver of operational improvement and innovation. With our Supplier Lifecycle Management solution, your organization will reshape the way you interact with your suppliers, vendors and partners, increasing the performance and value of you derive from them.
A survey by CFO Research Services found that companies with best-in-class supply and contract management technology reported savings on average of 5% to 7% in their total spending on materials and services as compared to competitors. That is a true competitive advantage.
Discover How the Emptoris Suite Can Streamline Your Company's Operations
To learn more about the Emptoris Suite, call 1-855-391-2561—or contact us to schedule a complimentary consultation to find out how Emptoris can help you reduce costs and improve operational performance.