Tuesday, February 09, 2010
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KNOWLEDGE MANAGEMENT TAGS
"Spend Management", "Technology"
Guaranteed savings, or your money back
Procurement technology company Emptoris has put its money where its mouth is and guaranteed certain levels of savings and return on investment to clients that adopt its systems.
The new programme is open to and, according to Emptoris, ideally suited to, Fortune 2000 organisations with revenues of between $1bn and $15bn and Emptoris has projected saving rates of between 7% and 15% of the corporate spend which is addressed each year.
"The recession and instability in the credit markets has CEOs and CFOs working overtime to preserve capital and intelligently reduce corporate spending," said Avner Schneur, President and Chief Executive Officer of Emptoris. "Although most executives likely understand that spend management software solutions can help them address these challenges, some may be hesitant to move forward because of cost, time and other variables associated with implementing such a program. The Emptoris Guaranteed Savings Program aims to eliminate those concerns by offering quick and guaranteed spend savings in as little as three to six months."
Should the savings commitment not be made, Emptoris claimed it will fully refund all programme fees as well as a minimum of two times return on investment.
However, the Programme begins with a four to six week assessment of corporates looking to take up the offer.
Procurement Tags - Technology, Spend Management Emptoris
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