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EY OpsChain Contract Manager

Facilitate a procurement workflow by enabling the issuance of RFQs, contracts, purchase orders, and invoices for your use across your network of trusted business partners

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Free for individual use
products
Sourcing and contracting

Allows you to receive bids and create contracts for on-going procurement operations

Issue a request for quotation for up to two business partners, select the winning bid, and draft a contract with terms and conditions that includes a volume rate table for a product.

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On-going procurement operations

Allows you to issue purchase orders and invoices while keeping track of aggregate spend and volumes

Calculate prices based on previously agreed upon terms and conditions, automatically track and update aggregate volumes, and issue invoices once goods receipt has been confirmed.

Why EY Opschain Contract Manager?
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Automation

Calculate purchase order prices based on previously agreed upon contracts, thereby increasing data accuracy and reducing manual reconciliation efforts.

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Scalability

Easily on-board new business partners and expand the procurement network without the need to upgrade existing IT infrastructure or ERP instances.

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Transparency

Contracts terms and conditions can be referenced by authorized parties at any point in time to ensure compliance.

  Thought Leadership
Explore what EY leaders have to say and learn how blockchain could help your organization.
The team

Federico De Poli

EY OpsChain Global Product Manager

Paul Brody

EY Global Blockchain Leader

Blockchains will do for networks of enterprises and business ecosystems what enterprise resource planning (ERP) did for the single company.

Want to find out more?

Submit your details in the form and we will get back to you shortly to discuss how blockchain could help your organization.

Ready to get started?

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Free for individual use

EY | Building a better working world

EY exists to build a better working world, helping create long-term value for clients, people and society and build trust in the capital markets. Enabled by data and technology, diverse EY teams in over 150 countries provide trust through assurance and help clients grow, transform and operate. Working across assurance, consulting, law, strategy, tax and transactions, EY teams ask better questions to find new answers for the complex issues facing our world today.EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. Information about how EY collects and uses personal data and a description of the rights individuals have under data protection legislation are available via ey.com/privacy. EY member firms do not practice law where prohibited by local laws. For more information about our organization, please visit ey.com.

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This material has been prepared for general informational purposes only and is not intended to be relied upon as accounting, tax, legal or other professional advice. Please refer to your advisors for specific advice.