Calculator: True Cost of Contract Management
Your Procurement team works hard to identify the best suppliers, negotiate favourable prices and document agreements as contracts.
PROACTIS Contract Management software improves visibility and control of contracts throughout the contract lifecycle and ensures the organisation consistently utilises them when buying goods and services. PROACTIS offers central management of all supplier contracts, providing clear visibility to buyers at time of purchase, automatic capture of activity, and reminders for key dates and events.
- But are savings lost because contracts are not used when purchases are made?
- Does the management of these contracts take too much manpower?
- Do contracts auto-renew without the opportunity for re-negotiation or cancellation?