Source-to-Contract
Seamless procurement and contract management for the public sector
Our comprehensive Source-to-Contract solution is purpose-built for public procurement teams to streamline workflows, provide a central contract repository, and improve vendor performance.
Overcoming public procurement challenges
Process inefficiency
Inefficient manual processes lead to lengthy sourcing cycles and unnecessary risk. Automating procurement processes and contract management streamlines your workflows, increases accuracy, and lowers risk.
Supplier outreach
Ineffective supplier outreach and a limited supplier pool lead to low response rates to solicitations and insufficient competition. Opting for a solution with a broad supplier database gives you access to more vendors and empowers you to improve supplier diversity and procurement outcomes.
Contract compliance
The inability to efficiently track and maintain contract compliance makes it almost impossible to take a proactive approach to contract lifecycle management. With a contract management platform that automates lifecycle management, you increase efficiency, transparency, and accountability for all contracts.
Lack of visibility
Lack of visibility into procurement activities leads to time-consuming reporting and auditing workflows. With a source-to-contract solution, you can gain clear insights into your procurement processes, which increases compliance and enables data-driven decision-making.
Unsuitable solutions
Using generic procurement solutions makes it difficult to execute on government initiatives, such as ESG (environmental, social, and governance) and WMBE (women-owned or minority-owned business enterprises). Opting for a purpose-built source-to-contract solution means you have technology that adapts to your needs and processes, not the other way around.
The value of Source-to-Contract built for the public sector
Our comprehensive Source-to-Contract solution empowers public procurement teams to streamline procurement processes from start to finish, ensuring maximum efficiency, cost control, and optimized outcomes.
With our Source-to-Contract platform, you can leverage your entire procurement process, from creating solicitation documents and prequalifying vendors to managing vendor performance and effortlessly handling contract documents. Our solution makes sourcing and contracting simple, so you can get the most out of your procurement endeavors.
Guarantee compliance
at every step
Ensure compliance with regulations and legislation with built-in safeguards that protect against human error.
Automatically track and log every step of your sourcing and contracting processes and pass audits without excess strain on your team’s workload.
Streamline procurement for maximum efficiency
Boost overall efficiency by managing all your team’s activities in one central platform where you can assign tasks, set deadlines, monitor statuses, and proactively anticipate required actions.
With automated workflows for review, approval, evaluation, and reporting, you can eliminate mundane tasks and ensure your team spends their time on projects that add value.
Strengthen vendor relationships for better value
Instantly reach out to 1M vendors using our extensive supplier network and innovative approach to collaborative buying power. Secure enough responses to select the right provider and get the best value for your budget.
Handle your vendor relationships with confidence, backed by our team of experts who provide hands-on support during supplier onboarding and outreach.
Our Source-to-Contract workflow
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