<h1>Global business services provider to implement third-party spend-management platform for international automotive supplier, centralizing procurement and supplier risk functions</h1> A global business services provider has entered a strategic engagement with an international automotive supplier to implement a third-party spend-management platform, replacing the supplier's existing procurement systems and centralizing sourcing, contract lifecycle, supplier risk and eProcurement functions across multiple countries. The services agreement contemplates digital transformation, managed implementation and ongoing managed procurement services, and asserts anticipated efficiency, risk mitigation and cost benefits; it also contains forward-looking statements subject to customary risks and disclosures. The transaction may raise typical implementation, data-security, cross-border compliance and change-management risks to be addressed in contract terms.