IBM to integrate and manage Honda Europe’s finance and procurement
By Marcus Williams2021-11-09T10:58:00
Honda Motor Europe has recently signed a five-year agreement with IBM under which the consultancy plans to manage and run Honda’s finance and procurement operations across Europe.
The company said the contract is designed to deliver an integrated end-to-end service that will help Honda improve efficiency, reduce costs, standardise processes across its European operations and ultimately set it on course to a ‘zero-touch’ vision.
The latest contract extends an existing ten-year relationship IBM Global Business Services has with Honda for procurement operations for non-direct services. Under the agreement, IBM plans to manage the Source-to-Pay, Record-to-Report and Order-to-Cash processes at Honda.