HMRC Wins Government Business Award For Central Government Procurement Excellence
HM Revenue & Customs of the British Government Leverages Emptoris Supply and Contract Management Suite
Burlington, MA and London--(Marketwire) - Emptoris, Inc., a leading provider of strategic supply management and enterprise contract management software, today announced that HM Revenue & Customs (HMRC), of the British Government, has been awarded the Government Business Award by Government Business magazine. HMRC, an Emptoris customer, won the Central Government Procurement Award, which recognises effective business practice in central government.
"We have strived to make the HMRC Commercial Directorate a 'Center of Excellence' within the British Government -- and worked to build a leading edge procurement organisation with a focus on adding value by embracing innovation and collaboration. HMRC is very focused on delivering efficient, cost effective and best practice processes across all its operations -- and we are honored to be recognised for such efficiency," said David Thomas, Commercial Director, HM Revenue & Customs.
With annual spending of £2.2 billion, HM Revenue & Customs recognises a need to be accountable to taxpayers and Central Government -- and, as such, has focused on driving greater efficiency, transparency and savings. The organisation has strived to make the HMRC Commercial Directorate a "Center of Excellence" within the wider British Government -- and aimed to build a leading edge procurement organisation. To help achieve these goals, HMRC has implemented a suite of technology solutions for spend analysis, sourcing, contract management and supplier performance management.
The sourcing software solutions allow HMRC to source the best products and services from suppliers while driving cost competitiveness, minimising supply base risk and reducing sourcing cycle time. The spend analysis software allows HMRC to collect and organise spending data from across disperse systems and locations to provide an accurate, up-to-date, view into spending. Spend analysis further enables HMRC to better identify savings opportunities, monitor the effectiveness of savings initiatives, and automate spend classification to provide granular spend visibility. The contract management software allows HMRC to structure stronger contracts, streamline the contracting processes, and improve contract quality and compliance.
HMRC is recognised as a leader and innovator in implementing such technologies both within the public sector and in the broader business community. In terms of spend analysis, HMRC has consolidated, cleansed and enriched spend data for more than 21,000 suppliers and 1.3 million invoice transactions and mapped category structure to standard UNSPSC categories down to level four. Sourcing technologies have already helped HMRC to achieve savings of as high as 30% in key spend categories.
Emptoris is a clear leader in providing supply and contract management solutions to the public sector, with entities such as the UK Government's Home Office and Ministry of Justice, employing its solutions, as well as the U.S. Postal Service and the Department of the Treasury for the State of New Jersey, one of the largest U.S. state governments. Emptoris is also consistently recognised by independent research firms as providing the market's most robust and proven supply and contract management software solutions. The company's spend analysis, sourcing, services procurement and contract management solutions are used by Global 2000 companies and government entities in more than 90 countries. Emptoris solutions are available to UK public sector organisations under a Government Department Approved Framework.
For further information on the Government Business Awards and Government Business magazine, visit http://www.gbawards.governmentbusiness.co.uk/.
For further information on Emptoris, visit www.emptoris.com.
SOURCE: Emptoris, Inc.