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.
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EY OpsChain Contract Manager
EY OCM helps organizations run procurement activities using smart contracts on a public blockchain network.
EY OCM reduces the complexity created by extended business networks, fragmented IT systems and variable procurement agreements.
Streamline contract management
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-use contract design
Streamline the creation of intricate contracts through a no-code interface, helping power collaborative customization, role definition, event chain design, and external input integration, all culminating in seamless blockchain deployment.
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 OCM, bridging the gap between contractual obligations and real-world execution.
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.
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.
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