An intuitive SaaS solutionto start tracking & managing your vendor relationships easily.
Sourcing Cockpit
Facilitates your vendor management process
Provides insights in your contract portfolio
Enables informed decision-making
Added value of the Sourcing Cockpit
You are in control of your sourcing contract portfolio for ITO, BPO, shared services or off shoring contracts.
It provides decision-making dashboards for your executives, BU managers or regulators, based on industry templates and an automated process
You empower each contract-owner to provide a top down status report on their contracts
It frees up time for vendor management or procurement professionals to focus on value-added activities rather than chasing operational information
The Sourcing Cockpit fits into our Vendor Management Office framework, a broader vendor and partner management toolset that can be deployed in distinct business units or your entire company.
Be in control with the Sourcing Portfolio Dashboard
- Decision-making dashboard with contract overview and graphical contract classification
- Easy access to relevant contract details and key functionalities
- Overview of action items or tasks assigned to the users
Manage your
Contract Portfolio
- Store key information and characteristics of each contract including hierarchy of legal contract documents
- Easy access to key functionalities related to each contract (start health assessments, view detailed dashboard, access change log)
- Overview of action items allocated to the contract or provider
Execute
Health Self-Assessments
- Initiate your reviews based on questionnaire templates per type of contract
- Access to all “request for proof” attachments in support of the reviews
- Change logs for audit trail and verification purpose
Manage your
Key Stakeholders
- BU Owner: manages multiple sourcing contracts within a BU
- BU Delegate: receives access & delegation authority from the BU Owner to manage (parts) of one or more contracts
- Contributor: contributes to contract assessments based on invites
- Reporting Owner: creates overview & executive reports across BUs
Engage through a
Basic Workflow
- Manage the monthly & yearly review calendar and initiate review requests based on automated e-mail invites
- Export individual or consolidated contract dashboards in XLS for reporting purposes
- Tracking and follow-up of action item completion progress
Be in control with the Sourcing Portfolio Dashboard
- Decision-making dashboard with contract overview and graphical contract classification
- Easy access to relevant contract details and key functionalities
- Overview of action items or tasks assigned to the users
Manage your
Contract Portfolio
- Store key information and characteristics of each contract including hierarchy of legal contract documents
- Easy access to key functionalities related to each contract (start health assessments, view detailed dashboard, access change log)
- Overview of action items allocated to the contract or provider
Execute
Health Self-Assessments
- Initiate your reviews based on questionnaire templates per type of contract
- Access to all “request for proof” attachments in support of the reviews
- Change logs for audit trail and verification purpose
Manage your
Key Stakeholders
- BU Owner: manages multiple sourcing contracts within a BU
- BU Delegate: receives access & delegation authority from the BU Owner to manage (parts) of one or more contracts
- Contributor: contributes to contract assessments based on invites
- Reporting Owner: creates overview & executive reports across BUs
Engage through a
Basic Workflow
- Manage the monthly & yearly review calendar and initiate review requests based on automated e-mail invites
- Export individual or consolidated contract dashboards in XLS for reporting purposes
- Tracking and follow-up of action item completion progress
• Simple
• Stand-alone
• Easy to deploy
• Scalable
• Continual health check
• Workflow for automation
• Contract portfolio view
• Subscription model
• Industry templates
• Risk mitigation
• Role-based
• Prepared for audit
