Post on 17-Apr-2020
JAGGAER.com
M O R E I N F O R M AT I O N I N T H E C O N T R A C T M A N A G E M E N T- F A C T S H E E T
Contract Management
M U S T H AV E F E AT U R E S
Purchasers around the world lose out on millions of dollars’ worth
of hard-won supplier rebates and incentives, simply because they
don’t have their contracts under control. Studies have shown that
more than 80% of companies often struggle with finding the right
contracts. In companies that use eSolutions that are not connected
to the ERP system, contract management is still a tedious and
labor-intensive task.
Introducing the Intelligent Contract Management Solution
As a purchaser, you know how to create thorough and professional
contracts. The Direct Contract Management module helps you
take full advantage of every available opportunity. The solution
can be fully integrated into your ERP system, helping you save
time and stay on top of your spend, rebates and incentives. Fully
implementing, managing, and monitoring the terms that you fought
for during negotiations quickly results in significant savings.
• Spend up to 70% less time processing contracts
• Benefit sooner from negotiated terms in new contracts
• Automatically track and monitor rebates and incentives
Get More out of Your Contracts and Turn Your Negotiated Terms into Real Savings
YO U R B E N E F I T S
• Identify opportunities when terminating or re-sourcing a
contract
• Implement a closed loop contract lifecycle
www.pool4tool.com
Easily search for any number
if contract details
Specific fields for different
contract types Contracts can be linked
Add different reminders
JAGGAER.com
M O R E I N F O R M AT I O N I N T H E C O N T R A C T M A N A G E M E N T- F A C T S H E E T
D I S C OV E R T H E A DVA N TAG E S O F JAG G A E RCompare your requirements with our proven features and functions! This will help you to find the right solution to ensure the best results in
procurement.
Create and manage contracts InclusiveMust-Have
Nice-to-Have
Not necessary
Central online contract Directory for all types of documents with controlled
access based on user’s role and permissions
Grant or deny access to saved contracts for individual employees based on
contract type (read/write/ access denied)
Automatic transfer of contracts from ERP system
Option to transfer contracts using a generic Excel interface
Generation of contracts based on pre-defined text components using workflow
engine
Automatic dunning workflow (up to 3 levels) and notifications for people
responsible for contract
Comprehensive search and filter options
Automatic transfer of documents (including customer-specific fields) from SRM
to a workflow, e.g. during supplier registration process
Direct link to supplier information and projects
Edit and analyze contracts InclusiveMust-Have
Nice-to-Have
Notnecessary
Easily change and add contract data
Mass changes for contract data from overview list
Automatically change contract status to orange/red within a set time period
before contract expiration
Automatically change contract status to “terminated” once it is no longer valid
Option to automatically extend contracts
M O R E I N F O R M AT I O N I N T H E C O N T R A C T M A N A G E M E N T- F A C T S H E E TJOIN THE CONVERSATIONon our blog at www.jaggaer.com/blog
M O R E I N F O R M AT I O N I N T H E C O N T R A C T M A N A G E M E N T- F A C T S H E E T
sales@jaggaer.com
+1.919.659.2600
USA
+43.1.80.490.80
dach_sales@jaggaer.com
EUROPE
Optional: Contract Management Module InclusiveMust-Have
Nice-to-Have
Notnecessary
Automatically transfer framework contracts from the ERP system to process
volume and value contracts with suppliers, and share contracts with suppliers in
supplier portal
Complete list of contracts for purchasers and suppliers in JAGGAER portal,
including level of compliance for each contract
Easy monitoring of contract compliance progress
Automatically transfer documents and drawings that are linked with an ERP
contract to JAGGAER
Confirmation function (confirm or reject) at header and position level for SAP
contracts in supplier portal, including contract monitoring and automatic transfer
of contract confirmations back into the ERP system
Overview of all current and completed contracts in 360° supplier view in SRM
Automatic transfer of documents from a workflow to a contract, including update
of contract duration
Automatic reminders for suppliers if they have not opened, confirmed or
rejected a new ERP contract within a set time frame
Optional: Integration into PREQ process InclusiveMust-Have
Nice-to-Have
Notnecessary
When ordering from a catalog or processing a purchase requisition (PREQ)
automatically check if there are framework contracts available for ordered items
(when using streamlined module)
NOTES: