Procurement and Purchasing Managers within businesses today face myriad of business challenges in supply chain and vendor management. From cost-management to vendor risk assessments to corporate governance to managing key contract information – it’s necessary for procurement professionals to have total visibility and access to the right information. Key terms, dates, delivery and ultimately payment information must be available and reportable so they have the ability to properly analyze and address the needs of the business.
Contract Logix benefits procurement departments by helping to streamline the entire process, providing valuable information throughout, so each detail can be optimized. Contract information is quickly accessible and gives procurement a ‘birds-eye view’ of the contractual relationship – automatically rolling-up the details by vendor or organization.
Comprehensive, Contract Logix offers numerous functionality for procurement departments to be successful. From line item tracking to payment or delivery schedules to key terms – procurement will operate more proactively throughout each step in pre and post-execution of the contract.
Contract Logix will enable Procurement and Purchasing Roles throughout the contract management process.