Procurement arrangements are increasingly too complex for ERP solutions to track effectively. Even traditionally simple commodities are subject to multi-tiered pricing, discount and rebate arrangements.
In many industry sectors we deliberately over complicate our arrangements to ensure that competitors cannot calculate base costs, but in these situations it is challenging to ascertain whether we are obtaining the full value of these beneficial arrangements or just incurring additional process costs.
Controlling our contractual arrangements is essential to realising procurement savings and ensuring our controls are adequately controlled and monitored.
Our solutions allow clients to manage contracts, terms and framework agreements against the actual purchases made at an item and commodity level.
We ensure that beneficial arrangements negotiated during the sourcing process are tracked, controlled and fully obtained.
Furthermore, our solutions allow clients to monitor savings obtained at both a purchasing and process level.
In addition, we have a range of services which can provide assurance over the management of contracts and associated processes.