Omron Outsources Accounts Receivable Process to IBM5 March 2006
IBM Japan, Ltd. has announced a five-year contract
for IBM to transform and manage Omron Corporation's accounts receivable
process through its Business Transformation Outsourcing (BTO) Delivery
Center in Dalian, northern China. Omron Corporation is a leading
manufacturer of automated control equipment.
The contract is part of Omron's "Grand Design 2010" corporate
transformation strategy to focus on core competencies and is expected to
deliver operational improvements and cost efficiencies through the
application of IBM's finance and administration process methodologies,
standardized technology and global delivery capabilities to Omron's
accounts receivable process.
This agreement is an example of the new type of partnerships and delivery
of on demand business value IBM is targeting in the Business Performance
Transformation Services marketplace.
IBM's Dalian BTO Center will manage Omron's sales proceeds appropriation,
accounts receivable and payment processing, receivable cancellations and
customer information functions. High-speed network links will connect the
Dalian Center and Omron's Japan operations enabling data to be efficiently
entered, referenced and transferred in a compatible timezone by the
Center's Japanese speaking staff.
A part of IBM's global BTO delivery network, the Dalian BTO Center
transforms and delivers key business functions such as customer
relationship management, finance and administration, human resources and
procurement for IBM clients. The Center recently moved into new premises,
expanding its existing operations to meet the growing market demand for BTO
services.
About IBM Business Consulting Services
With consultants and professional staff in more than 160 countries
globally, IBM Business Consulting Services is the world's largest
consulting services organization. IBM Business Consulting Services
provides clients with business process and industry expertise, and the
ability to translate that expertise into integrated, adaptive, on demand
business solutions that deliver bottom-line business value. For more
information visit www.ibm.com/bcs.
Contact:
Jenny Galitz
IBM Media Relations
646-598-4551
galitz@us.ibm.com
SOURCE: IBM
Source: marketwire
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