Omron Outsources Accounts Receivable Process to IBM
TOKYO, OKYO - 12 Dec 2005: IBM Japan, Ltd. has announced a five-year contract for IBM to transform and manage Omron Corporationís 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 Omronís ďGrand Design 2010Ē corporate transformation strategy to focus on core competencies and is expected to deliver operational improvements and cost efficiencies through the application of IBMís finance and administration process methodologies, standardized technology and global delivery capabilities to Omronís 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.
IBMís Dalian BTO Center will manage Omronís sales proceeds appropriation, accounts receivable and payment processing, receivable cancellations and customer information functions. High-speed network links will connect the Dalian Center and Omronís Japan operations enabling data to be efficiently entered, referenced and transferred in a compatible timezone by the Centerís Japanese speaking staff.
A part of IBMís 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.
Business Consulting Services With consultants and professional staff in more than 160 countries globally, IBM Business Consulting Services is the worldís 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.
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