Sourcing & Supplier Management for you!
Contract lifecycle management doesn’t stop with legal. Quite often, you’ll have a pre-award process AND want to evaluate the supplier after executing the contract. Monitoring supplier performance and contract spend is critical. Agiloft can handle this too!
The Procurement module in Agiloft allows teams to setup an RF(x) event, link the evaluation schedule, choose and assign weighting to the criteria used to evaluate the RF(x), generate the RF(x) and any associated documents, allow it to be public or invite-only, receive submissions through the supplier portal, track and evaluate responses, and approve the supplier and award a contract. All data is saved within the procurement repository and tied back to the contract for reference throughout the lifecycle.
The supplier management module allows teams to onboard suppliers with security, risk, and capability questionnaires, as well as perform evaluations during and after the contract performance period. Likewise, all information is captured within the system and stored for future reference.
If you’re interested in learning more about automating your procurement and supplier management processes, contact us for your free consultation so we can learn more about your current workflows and processes!