Speed up the process — Reduce supplier and vendor onboarding time up to 10X by automating workflows like managing mandatory information requests.
Establish consistency and governance — Ensure every contract complies with corporate standards and includes consistent and appropriate language with a digital repository, clause library, and configurable business rules engine. A secure, permissions-based vendor portal facilitates negotiations.
Monitor contract compliance — Track supplier performance against service level agreements and contract obligations. Get visibility into opportunities and risks with customized reports and automatic alerts for spend, expirations, compliance, and more..