MUST HAVE FEATURES Contract Management · Contract Management MUST HAVE FEATURES ... Central online...

3
JAGGAER.com MORE INFORMATION IN THE CONTRACT MANAGEMENT-FACTSHEET Contract Management MUST HAVE FEATURES 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 YOUR BENEFITS Identify opportunities when terminating or re-sourcing a contract Implement a closed loop contract lifecycle Easily search for any number if contract details Specific fields for different contract types Contracts can be linked Add different reminders

Transcript of MUST HAVE FEATURES Contract Management · Contract Management MUST HAVE FEATURES ... Central online...

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

[email protected]

+1.919.659.2600

USA

+43.1.80.490.80

[email protected]

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: