Metals and mining industry has seen its profitability hurt by intense price competition from the ‘imports’. The subsiding of the political and economic fears of disruption in the metal supply chain, the growing environmental awareness and the falling price of most commodities has increased the amount of metals and mining imports into the country. In order to compete and survive, US–based metals and mining companies have maintained a sharp focus on lowering their operating costs. Streamlined corporate spend is a key element of that strategy.
Ketera provides companies in the metals and mining industry 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 allows organizations such as Barrick and Newmont Mining to streamline their corporate spend and reduce their overall costs. |
