Many organisations use 3rd party suppliers as a foundational element of the core business. The suppliers may provide a mix of product or services upon which the business itself is entirely dependant. A significant element in managing the risks associated with 3rd parties being responsible directly or indirectly for a businesses own service levels is to use a suitable contract management framework that also embraces compliance and due diligence into its routines. This is exactly what this suite of applications provides. Whilst feature rich it is entirely intuitive to use. You don't need to be a full blown contracts manager or supply chain lead to make effective use of this suite. You simply need to care about your businesses service levels and have an ability to care about managing the risks and benefits of a diverse and relevant supplier ecosystem.
Define complete sets of activities and tasks for due diligence and see how complete you are at any time. Drag and Drop actions as you complete them or work your way through them.
Easily define your own Supplier Compliance Forms and assign the risk against each question answered easily
Use the Contract Tracker report builder to easily build your own customised snapshots for easy reporting. Instantly export to PDF, Excel, image etc or print the results
Hover your mouse over the black dots for access to a quick description or video about each application element.
Notice, each application has a little triange in the botton left corner? This is a link to a video that plays directly in the application showing you how to use each element!
"This application suite was written specifically with the typical needs of small and medium based businesses alike in mind. That said it is being readily used by global organisation too. Whilst feature rich it is not difficult to use and you don't need to be a fully fledged Supply Chain Manager to obtain great benefit from using it. It has also been designed so that all your staff can be assigned tasks to complete even if they don't have access to the main contracts management application. Share the load and get your colleagues to help you the next time you invite a supplier to join you in a contract to supply you something!"
The Contracts Managment application suite is really 4 core applications that work in harmony. With Contracts documented first, even if only the basic information you know when you start agreeing a new contract you can then add the Supplier and then begin the process of conducting your compliance and due diligence activities. The tight integration with Task Management makes giving out jobs to your colleagues a breeze, even if they don't know the first thing about supplier management or the nitty-gritty details of negotating contracts. Other key elements include the ability to maintain detailed records of things that happen during the life of a contract so that your business can use this data in its next round of renegotiations, resulting in better services levels or even reduced costs.