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Vertiv case study

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Vertiv Upgrades Contract Management System to Power Business Transformation With revenues of more than $4 billion and over 20,000 employees, Vertiv is a leader in power, thermal and infrastructure management solutions. B U S I N E S S C H A L L E N G E When Vertiv was divested from their parent company, Emerson Electric, they seized the opportunity to replace their legacy contract management system, Emptoris. Not only was Emptoris soon to be sunsetted, but Vertiv reported poor visibility into its contracts, not knowing where they were or what they said. The RFP issued for the project included over 250 business requirements. By collecting all contracts in a single repository, the company hoped to create a more structured process around contract authoring, as well as improve control over the entire contract lifecycle. The new system had to be easy to use, and needed the capability to manage contracts in eight different languages, including Chinese. O B J E C T I V E Migrate from a legacy contract management system to a new platform capable of supporting Vertiv's growing business. H I G H L I G H T S • Vastly simplified procurement process • Improved visibility into contracts world-wide • Significant reduction in missed milestones • Fewer deviations from pre-approved contract language The technology infrastructure manufacturer migrated from Emptoris to the Icertis Contract Management (ICM) platform.

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