The Sourcing application places contracts at the center of the sourcing process to ensure compliance, minimize risk, and create long-term strategic agility. Get a complete view of your supplier relationships, including current and past contracts, historical performance, and a complete risk profile for a unified view of sourcing events.
Vendor
Icertis
Company Website
Streamline the Source-to-Contract Process With Contract-Centric Sourcing
The Icertis ICI Sourcing App delivers better supply chain performance, contract compliance, and collaboration.
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.
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.
Accelerate the buying process and invigorate supply chain performance
Efficient Processes
Improve process efficiencies, manage risk, and increase compliance
Deeper Supplier Collaboration
Enable deeper collaboration with suppliers
Create New Savings
Create new opportunities for savings across sourcing categories
Standardize Sourcing Process
Model sourcing processes based on your best practices
Flexible Process Configuration
Quickly change system process configuration based on business needs
Cloud-Based Solution
Leverage a cloud-based solution to ensure rapid implementation and quick ROI