EY helps clients create long-term value for all stakeholders. Enabled by data and technology, our services and solutions provide trust through assurance and help clients transform, grow and operate.
At EY, our purpose is building a better working world. The insights and services we provide help to create long-term value for clients, people and society, and to build trust in the capital markets.
EY OCM simplifies and automates contract management, reducing inefficiencies and intermediaries.
Reduce value loss
EY OCM enforces contract compliance, preventing financial losses from procurement discrepancies.
Improve transparency and trust
Tamper-proof records are facilitated on a public blockchain so transactions are recorded in a trustworthy manner.
Easy to implement design
EY OpsChain Contract Manager runs through an API that makes it easy to configure and manage smart contract providers. Firms can set up customized user-interfaces that allow them to configure standard pre-built contracting models. The first set of pre-built models cover Power Purchase Agreements for renewables.
Privacy-enhanced technology
Implement the power of zero-knowledge-proof methodology to build in critical contract terms, transaction details, and value chain confidential information remain shielded, granting enhanced privacy even on public blockchains.
Seamless integration
Facilitate effortless interoperability with a diverse range of external systems, from ERP and CRM to IoT devices, helping every transaction seamlessly flow through the EY OCM, bridging the gap between contractual obligations and real-world execution.
Real-time monitoring
Automatically validate contract terms with real-time checks, monitor policy adherence, and receive instant alerts on discrepancies, so transactions that are not compliant with the contract terms do not pass through.