Purchasing professionals work hard to identify the best suppliers and negotiate best value agreements. These contracts lock in terms for use by the organisation.
When colleagues spend "off contract", perhaps because contracts are not available or apparent, advantages are lost. Furthermore, organisations will be at risk if contracts expire or if either party fails to comply with contract provisions.
Proactis Contract Management solves these challenges with a central electronic repository. This enables organisations to realise full benefits from supplier contracts, providing clear visibility to all users and allowing Contract Managers to manage key dates, events and service level agreements (SLAs).
Contract Management helps purchasing departments increase the proportion of spend "under management" and "on contract". With Proactis, organisations will realise savings achieved during procurement negotiations and increase compliance by having contracts drive day-to-day operations