Sourcing For Contracts
Streamline the source-to-contract process with contract-centric sourcing to deliver better supply chain performance, compliance, and collaboration.
The Challenge
Traditional Approaches to Sourcing Lack Contract Centricity
Today’s sourcing organizations are being asked to move faster than ever to source the materials needed by their companies. It’s a difficult position to be in. Under the current sourcing paradigm, the multi-step process of securing the right vendor is time-consuming, and can still expose a company to risk and leakage.
The Solution
Icertis Sourcing Application
There’s a better way: contract-centric sourcing. The ICI Sourcing application, built on the Icertis Contract Intelligence (ICI) platform, places contracts at the center of the sourcing process, ensuring compliance, minimizing risk, and providing a holistic view of supplier relationships. This new paradigm can save millions in leakage and accelerate the buying process, while also improving relationships with vendors and optimizing supply chain performance.
Featured Case Study
From sourcing to contracting, we have gained speed. But it has also made us safer. We have our risks transparent, we have our process transparent, and our buyers like the software. It’s easy to use."
Ulrich Ochmann
The Benefit
Accelerate the Buying Process and Invigorate Supply Chain Performance
