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IBM Helps Clients Create Smarter Procurement Processes

Amplify’d from sev.prnewswire.com

ARMONK, N.Y., July 22 /PRNewswire-FirstCall/ — IBM (NYSE: IBM) today announced expanded procurement services offerings — including new strategic sourcing services and new procure-to-pay services — that can help clients increase savings from suppliers and reduce procurement costs through smarter spending. These new business process services offerings can also help clients identify favorable vendor pricing through IBM’s substantial investment in infrastructure and strong supplier relationships.

“IBM’s expanded and flexible portfolio of procurement services gives our clients a diverse set of solutions to increase their procurement savings,” said William Ciemny, general manager, Supply Chain Management & Procurement Solutions for IBM Managed Business Process Services. “IBM focuses on returning cash to our clients with procurement services that will improve their competitiveness.”

Read more at sev.prnewswire.com
 

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Electronic Payments and Fraud Prevention

Amplify’d from research.aberdeen.com
At the end of the month, Aberdeen will publish our latest installment in the E-Payables Benchmark Series. The E-Payables: Electronic Payments and Fraud Prevention report will detail the advantages made by top-performing organizations in the final phase of the accounts payable process: settlement / payment. The study will also be a go-to-guide for enterprises seeking to streamline their payment functions by leveraging any number of the main methods of electronic payments (ACH, commercial cards and wire transfer).The following is a sneak peek from the upcoming report:
ficiency in everyday processes often spurs bottom-line growth. It is no surprise to see that an overwhelming
In modern economic times, driving ef majority (80%) of enterprises cite the need to reduce overall payment-processing costs as their main driver for focusing on electronic payments as part of the A/P process (Figure 1).
Figure 1: Driving Factors for Adoption of Electronic Payments
See more at research.aberdeen.com
 

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