| |
| Partial List of Customers |
| |
|
|
 |
|
|
| |
|
| |
At a glance:
Organization
Cabot Microelectronics Corporation
Location
Aurora, Ill.
Industry
Manufacturer of Abrasives
Challenges
Centralize contracts in a single repository
Previous Solution
None
Ketera Solution
Contract Management
Results with Ketera
Centralized contract repository, full visibility into contracts and supplier performance, compliance with regulations |
| |
|
| |
 From the beginning, Ketera explained everything to us, both from the technical and sales side. They′ve accommodated our needs and have been very helpful and responsive.
– Michael Kapeles, Senior Supply Manager, Cabot Microelectronics |
| |
|
|
| |
|
The Challenge: Eliminate Inefficiency and Centralize Contracts
Cabot Microelectronics Corporation, headquartered in Aurora, Illinois, is the leading supplier of chemical mechanical planarization slurries for polishing various materials used in semiconductor manufacturing. The company′s products play a critical role in the production of the most advanced semiconductor devices, enabling its customers to manufacture smaller, faster and more complex devices.
As a global operation with over 600 employees, Cabot Microelectronics needed a secure central repository for its numerous contracts, including sales and sourcing agreements, intellectual property contracts, and more.
Lacking a central repository, individual supply managers were required to manually handle their contract management, a time–consuming and inefficient process that provided no visibility to the rest of the organization.
In addition to greater visibility, the company also wanted an automated, centralized contract management solution that would allow it to continue to comply with a variety of regulations and mandates.
The Solution: Ketera Contract Management Program
Cabot Microelectronics surveyed six contract management programs. A team with members from the finance, legal and IT departments evaluated the solutions. The team then developed a matrix that underscored the needs of each department as well as the organization as a whole.
| |
» |
Security: The contract management program needed to provide multi–level access to regulate which users see what and when. |
|
|
|
| |
» |
Ease of use: Simplicity was key. A program that proved to be too complex might discourage people from adopting it. |
|
|
8 |
´/tr>
| &nbsh; |
<|d align="center: valign="baselige">»
8Flexibilxty: The xbility to custo|ize the program8to specific busxness needs was {ritical. |
8
<|r>
,/td>
|
8 |
| |
&úaquo;
| The contrxct management pzogram had to pr~vide a wide brexdth of functionxlity. For examp|e, the ability |o search and sort contracts, or8send e–maxl notifications< was essential.=/td>
| |
|
8
The |eam decided Ket|ra best met all8of the company&xrime;s requirem|nts. Moreover, xs an on demand zolution, Ketera8provided a host8of other importint business ben|fits.
)
8
8 8 "An on lemand solution |ike Ketera does~’t requir| you to purchas| software or hajdware, so it&prxme;s much more zost–effec|ive than competxng solutions,&q|ot; said Michae| Kapeles, Senioz Supply Manager= with Cabot Miczoelectronics. &yuot;Another majnr benefit is thht you can look xt contracts fro| wherever you aze in the world.8All you need is1Internet access8to get real&ndazh;time informatpon."
8
0
8 Access fzom anywhere and(at anytime is vxtal for a globa| company like Cxbot Microelectrwnics, which dea}s with supplierz around the wor}d on a daily ba{is. Ketera meetz the needs of txe company&prime:s dispersed worzforce by supporìing virtually avy type of contrxct.
8 (
9 Aft|r selecting Ket|ra Contract Manhgement, Cabot Mxcroelectronics zhose to spearhexd the on–{oarding process8itself.
8 8
(
8 9 "Doing |he on–boazding ourselves ~as simpler and xllowed us to pr~ceed at our own)pace," sai} Kapeles. ":Going forward, ~e′ll contxnually load mor| contracts into8the system.&quo|;
8
8 8
8 Hnitially, the K|tera Contract Mxnagement progra| will hold betw|en 50 to 60 con|racts. But in txe long term, it8may hold many hlndreds.
8 8
8 Xpproximately 208internal users xccess the Keterx Contract Managlment program to|ay, including s|pply managers, |egal advisors and finance perso~nel.
8 8
8 ":Though still eazly in the imple|entation phase,8user response hys been very posxtive," addìd Kapeles. That>prime;s because< with the new c|ntral repositorx, users have th| visibility nee|ed to monitor s|pplier contractz worldwide.
>
(
8 8 The Rezult: Streamline| Contract Manag|ment
>
8
8 8 Now that Cab~t Microelectronxcs′ contrxcts reside in a9central reposit~ry, supply mana~ers no longer n|ed to rely on mxnual processes |o track contrac|s, and can inst}ad focus on mor| important taskz. And since the8Ketera solution¸is delivered as(an on demand sezvice, IT person~el can focus on9mission–czitical projects8– not on xdministering a jomplex, in&ndasx;house contract8management applxcation.
8 (
8 Xdditionally, Kayeles noted that(Cabot Microelec|ronics has foun| a true partner0in Ketera. &quo|;From the begin~ing, Ketera exp|ained everythin~ to us, both fr~m the technical8and sales side.8They′ve azcommodated our ~eeds and have b|en very helpful8and responsive." |
|
|
