New construction starts are on the decline for each of the construction industry′s three main sectors – nonresidential building, residential building, and non–building construction (public works and electric utilities). While the decline has been relatively minimal in the non–residential sector, the industry is responding to a flat growth period by ensuring that the operating costs are kept in check. Streamlined corporate spend is a key element of that strategy.
Ketera provides construction companies with the applications and services needed to control and reduce corporate spending at a low cost of ownership. Its on demand suite includes applications for spend analysis, sourcing, contract management, e–procurement, and payment & reconciliation. The combination of these hosted applications along with services such as implementation, supplier enablement and system administration has allowed leading organizations such as Jacobs Engineering to streamline their corporate spend and reduce their overall costs. |
