Procurement departments within complex and dynamic organizations face a tough set of business challenges which must be met to truly address the critical risks in supply chain and vendor management. In today’s CLM process, it’s crucial procurement departments have complete visibility of the contract and purchasing details – right down to key terms, dates, delivery and ultimately payments.
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 empower your Procurement Department CLM Process.