The commercial aircraft manufacturing and services sector continues to be challenged by continuing struggles among the US and European airline industry. In the defense sector, while the concern for the nation’s security has increased the need for military aircraft and military aerospace equipment, the segment remains cautious after having seen steep up and down cycles over the past two decades. As a result there is a very sharp focus in the Aerospace & Defense industry in ensuring that the operating costs are kept low. Streamlined corporate spend is a key element of that strategy.
Ketera provides companies in the Aerospace & Defense segment 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 companies such as Northrop Grumman to streamline their corporate spend and reduce their overall costs. |
