Provides you with a view of all supply chain contracts at your fingertips.
Provides you with visibility to your pricing discounts, rebates and other valuable contract benefits in your supply chain contracts.
Avoids you being locked into evergreen contracts that are no longer necessary by providing you with email reminders of termination windows.
Enables better risk identification and management by providing visibility to commitments made by suppliers.
Can be used to record performance of suppliers for future reviews.
Aids category management initiatives by enabling you to access and compare all contracts within defined categories.
Eliminates the lost time finding contracts. You won't have to search through multiple hard drives or dig through files and you'll reduce the risk of your supply chain contracts going missing. When your contracts are in a smart contract repository, you'll be able to address the specifics with just a few clicks.
Can be used to provide a view of all contracts and their status through negotiation, implementation, or in litigation.
Provides a reliable means of managing contracts to meet any governance requirements. The US Sarbanes-Oxley Act of 2002 (SOX) is a hot topic for companies and their executives globally. SOX requires companies to properly manage and be able to report on their contractual relationships.
Helps you meet your commitments to your internal customers by providing visibility of these commitments and generating email reminders.
Generates reports of upcoming contract events enabling better planning of resources.
Eliminate the lost time finding contracts. You won't have to search through multiple hard drives or dig through files and you'll reduce the risk of your contracts going missing. When your contracts are at hand, you'll be able to address the specifics with just a few clicks.
Enables the capture and recall of all key documents relevant to any contracts such as emails, amendments, etc.
Provides a visible means of ensuring adherence to corporate policies and procedures such as using consistent liability provisions.
Includes security features ensuring only those who need to access or use the system are permitted to do so based on their role and the team to which they belong.
Is web based for quick deployment (1-3 days) and improved accessibility. The system is developed using Microsoft's .Net technology and is compatible with most business architectures.
Excellent ROI - terminating one evergreen contract will often generate more than 100% ROI.