Solutions

Key Benefits

 

  • Direct cost efficiencies, such as a 71% reduction in the costs of maintaining existing vendor data and adding new vendors in ERP systems

  • Avoidance of evergreen contracts estimated to cost organisations 2% of annual supplier contract value

  • Reduced costs of enforcing and tracking industry, legal and spend compliance

  • Identification of strategic sourcing opportunities and consolidation of the supplier base

  • Prevention of supplier data decay - estimated to occur at a rate of 36% per annum

  • Corporate governance, QA, transparency (Executive Reporting & Dashboards) and risk management

  • Executive level visibility of supplier activity, compliance and proces efficiencies



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