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From Strategic Sourcing to Contract Lifecycle Management

 
Accelerate Source to Contract Apps help you streamline the procurement process from the definition of your sourcing strategy
to the management of your vendor contracts lifecycle, while maximising savings and compliance.

Finding the best vendors for each activity, negotiate with them and manage the resulting contracts are some of the main missions of Procurement organisation.

For years, office tools have been the preferred solutions to help buyers managing these daily tasks, but they have since proven their limits: a general lack of process, a limited collaboration between vendors and buyers, no knowledge sharing within the company and a poor traceability are some challenges that large procurement departments are usually facing.

Dedicated web solutions help procurement executives manage the full source to contract cycle and help them achieve more savings while working faster and in a more efficient way. Meanwhile, Procurement managers benefit from more visibility on the procurement activity and a higher contract compliance.

Key Benefits

 



15-20% process time savings on tenders


Increased vendor competition


Higher visibility and contract compliance


Easier savings and performance capture


Better negotiation results

Some of SynerTrade Accelerate features

  • Elaborate global and local procurement strategies
  • Create tenders in no time based on templates to collect accurate and comparable bids from vendors all over the world
  • Analyse vendors’ responses to your tenders and take the right decisions based on advanced awarding scenarios
  • Drive transparent negotiations with vendors with our online auction solution
  • Set-up contracts in a collaborative way and follow their performance among time
Maximum flexibility to build online RFIs, RFPs, RFQs…

whiteboard-849810_960_720 N&B.jpgAdvanced bid analysis and awarding capabilities

9 different auction types for successful online negotiations

Powerful authoring and monitoring capabilities for contracts