PRZOOM - /newswire/ -
Noida, Uttar Pradesh, India, 2007/04/19 - Corbus, the global leader in Procurement Outsourcing announces its alliance with Ketera, the leading provider of On Demand Spend Management solutions to help optimize source-to-pay services for customers.
Corbus, the global leader in Procurement Outsourcing, and Ketera, the leading provider of On Demand Spend Management solutions, today announced an alliance that will help optimize source-to-pay services for customers by bringing together expertise in spend management, technology enablement and continuous process improvement. Both companies will leverage each other’s service and solution offerings to improve customer metrics related to Quality, Cost, Delivery, and Compliance (QCDC) and help customers reach greater scales of cost productivity.
Under terms of the agreement, both companies will leverage each other’s strengths in procurement and outsourcing to help joint customers manage non-strategic spend, processes, and procurement infrastructure so they can instead focus more of their internal resources on strategic spend initiatives.
“We are enthusiastic about our alliance with Ketera because we see great value for our customers in utilizing the pioneering innovations of both companies,” said Rakesh Mittal, president and chief operating officer at Corbus. “Together, we will offer joint solutions that will enhance customer’s operational efficiency, reduce procurement costs, improve spend compliance and increase spend under management, thus enabling them to achieve sustainable competitive advantages.”
“Ketera recognizes Corbus as a leader and innovator in the business of spend management outsourcing,” says Tom Webb, vice president of business development at Ketera. “As such, this partnership will help drive new and innovative on demand spend management solutions, resulting in significant cost-savings and quality improvements for our joint customers.”
Corbus has managed billions of dollars of procurement for several Fortune 500 companies and has exceeded in Quality, Cost, and Delivery (QCD) milestones. Corbus is also known for its ability to work in true partnership with customers to innovate and bring process cost reduction exceeding 20% in the first year of engagement using its Global Collaboration Model.
Corbus (corbus.com), a wholly owned subsidiary of Soin International LLC, is a leading Supply Chain services provider with high focus on “Procurement Outsourcing”. Corbus ensures an adaptable and flexible business model to help its customers develop and achieve cost-effective key strategic initiatives. With a strong presence in US, Europe, & Asia-Pacific markets, and a Global Delivery Center in India, Corbus has been providing services across a wide industry base that includes “Fortune 50” organizations.
Corbus’ global presence, scalable and sustainable world-class infrastructure, business continuity processes, and ISO 9001: 2000 & SEI CMMi Level-5 software maturity, makes it a preferred service provider for many leading organizations worldwide. The Corbus management team consists of highly experienced professionals with significantly diverse backgrounds and industry expertise.