CONTRACTS 365 ADD-ON MODULES

Supplier Management

The Contracts 365® Supplier Management Module is designed for organizations in industries such as manufacturing, retail, public utilities, healthcare, and technology, where effective supplier management and strategic sourcing are critical for operational success.

The Supplier Management Module centralizes supplier relationships, streamlines contract management, and facilitates procurement processes, including initiating and managing bid events. And it offers powerful tools to oversee supplier onboarding, track performance, and ensure compliance.

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Features

Central repository for supplier records, contracts, and supporting information.
Advanced search and filtering for easy access to supplier details and agreements.

Streamlined workflows for supplier pre-qualification and onboarding.
Self-service onboarding and maintenance for suppliers.
Automated checks for certifications and compliance requirements.

Allows suppliers to login with their Microsoft credentials.
Enables seamless collaboration during the bid and contracting process.

Automated metadata extraction to identify key terms and deadlines in supplier contracts.
Alerts for contract milestones, renewal dates, and compliance deadlines.

Monitor supplier KPIs, delivery schedules, and SLA adherence.
Dashboards to evaluate performance trends and identify risks.

Automated alerts for missing or expired documents.
Risk ratings to evaluate supplier reliability and compliance.

Insights into supplier performance, bid outcomes, and cost savings.
Analytics for strategic sourcing and supplier consolidation opportunities.

Synchronization with procurement and accounting platforms.

Automated workflows for managing bid events, from creation to awarding.
Approval hierarchies and task assignments for bid reviews and decisions.

Bid Event Creation

Easily create and issue RFIs, RFPs, and RFQs to a targeted list of suppliers from the centralized repository.

Customizable Bid Templates

Use predefined templates for bid documents to ensure consistency and standardization.

Supplier Invitations

Automatically send bid invitations to qualified suppliers with tracking for responses and participation.

Submission Tracking