Source-to-Contract Solutions

Source-to-Contract Solutions

Obtain Best Value & Control in Procurement

PROACTIS source-to-contract solutions automate the full buying cycle and improve the management and tracking of spend operations, including reducing processing time and costs and enabling more effective collaboration with your trading network.

With PROACTIS you achieve substantial and material savings in buying, sourcing process and supplier collaboration.

PROACTIS source-to-contract solutions provide the capabilities to:

  • Streamline the sourcing and ongoing contract management process
  • Exploit contract and volume information for better price and service negotiation
  • Improve supplier relationships and performance management
  • Ensure controls are built into each stage of the procurement process and flexibility to enforce the corporate rule book
  • Automate supplier transactions and catalogue management across the Web
  • Reduce the cost of managing supplier relationships with vendor self-service
  • Ensure actions do not "fall through the cracks" such as contract reviews and sourcing events

To learn more about PROACTIS source-to-contract solutions, contact us today.

To optimise control, professionals need the tools to effectively support the source-to-contract processes for routine goods and services, as well as capital goods and major projects. Most importantly, they need to streamline operations and obtain best value through effective supplier adoption, evaluation, and communication.

When the source-to-contract process is unstructured or lacks proper controls:

  • Buyers struggle to obtain best value suppliers and agreements
  • There is no accessible, well-classified directory of goods and services that makes sense for end users
  • It is difficult to collect requirements from end users and manage complex sourcing events
  • Supplier qualification and supplier on-boarding is often subjective and time consuming for both parties
  • Inefficient contract management leads to duplicated agreements or automatic renewals, resulting in missed opportunities
  • Buyers do not have visibility of the procurement process and spend analysis, forcing fire-fighting and additional administration
  • Accounts Payable functions spend too much time answering supplier questions about invoices and payments
  • There are limited organisational controls to support financial, buying and sourcing processes

Working with our clients, PROACTIS addresses these issues.

PROACTIS source-to-contract solutions may be used as the core to an organisation's buy-side eCommerce strategy, or as simple enhancements to any existing procure-to-pay processes.

PROACTIS source-to-contract solutions provide:

  • Purchasing support for everything from a simple "how much does it cost?" question to a known supplier, to a sophisticated tendering exercise
  • Visibility and control of buyer commitments and supplier responsibilities with full contract lifecycle management and a central repository for existing agreements
  • Advanced catalogue and content management, both manual and electronic maintenance, portal-based or locally hosted, supplier-led or in-house published with unlimited attributes and categorisation
  • The opportunity to streamline supplier communication and recruitment from initial contract through to certification, with granular approval down to product level
  • Seamless flow from order to pay and from supplier to buyer through secure electronic channels
  • Provision for suppliers to manage payment exceptions without the need for buyers to monitor customer payment performance trends
  • The ability to segment vendors by risk and strategic value to optimise vendor reviews to support better sourcing decisions
  • The technology to support complex bidding events without restrictive lead time

When delivered alongside PROACTIS purchase-to-pay solutions, the combination represents the most comprehensive eProcurement solution available today.

To learn more about PROACTIS source-to-contract solutions contact us today.

PROACTIS source-to-contract solutions allow you to accelerate and maximise savings in the critical areas of supplier collaboration, sourcing, catalogue management and contract management:

  • Optimise organisational resources to strategically negotiate and obtain best value suppliers and agreements
  • Gain control of all commercial agreements by automating and streamlining the contract management lifecycle
  • Ensure visibility into complex spend data for improved decision making
  • Enable users to start buying faster through approved suppliers and agreements
  • Improve renewals, rebates and meet regulatory requirements.
  • Automate supplier enablement and on-boarding to maximise spend under management
  • Control catalogue based purchases and complex service based commodities while ensuring compliance
  • Define, measure and enhance supplier performance through more effective supplier collaboration and management
  • Reduce administrative overhead in labour intensive tasks

To learn more about PROACTIS source-to-contract solutions contact us today.

 

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