HCL, Ketera partner for Source-to-Pay Services

By siliconindia   |   Friday, 13 February 2009, 00:06 IST
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Noida: Noida based HCL, a BPO service provider, has joined U.S. based On Demand Spend Management solutions provider Ketera for its Source-to-Pay services. Ketera's platform will power HCL's Source-to-Pay services across Spend Management, e-Sourcing, e-Procurement and Contract Management. Ketera's Spend Management technology platform will aim at the mid and large size enterprises to control their corporate spending for direct and indirect goods - creating auditable business processes. "Ketera creates a source-to-pay loop to identify, capture and sustain bottom-line savings with spend analysis, sourcing, procurement, contract management, invoice management and supplier management," said Stephen Savignano, Chairman of the Board & Chief Executive Officer, Ketera. "HCL's Source-to-Pay services with Ketera technology platform will help large organizations to outsource and while maintaining operations in-house. Small and Medium enterprises can leverage these Source-to-Pay services to create supply chain and information management," said S Rajagopal, Head - KPO, HCL Technologies.