Facilitates your vendor management process
Provides insights in your contract portfolio
Enables informed decision-making

Added value of the SourcingCockpit

The SourcingCockpit 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.

• Dashboards: Decision-making dashboards with health status contract overview and graphical contract classification
• Portfolio: Easy access (through filtering) to the relevant details of all contracts in your company and key functionalities
• Status overviews: Overview of action items or tasks assigned to the users
• Easy access: quick and easy access to your reviews, your contracts, your contributions and your action items  

• Status overview: Decision-making dashboard with contract overview and graphical contract classification
• Portfolio: Easy access (through filtering) to the relevant details of all contracts in your company and key functionalities
• Dashboard: Overview of action items or tasks assigned to the users

• Contract Repository: Store key information and characteristics of each contract including hierarchy of legal contract documents or connect through links to your documenten repository systems
• Status: Easy access to key functionalities related to each contract (start health assessments, view detailed dashboard, access change log)
• Improvement: Overview of action items and improvement activities allocated to the contract or provider
• Spend: Overview and management of budget (projected value) vs actuals (spend lines). Can be stand-alone functionality in the SourcingCockpit or can be imported from your P2P environment

• Calendars: plan and initiate your recurring reviews (= a process based assessment) or one-off workflows (= an event based assessment) which are based on questionnaire templates per type of contract (multi-template)
•  Review Repository: Access to all “request for proof” attachments in support of the reviews and workflows 
• Audit trail: Change logs for audit trail and verification purpose
• Multi-template: create (or import) and manage your own review and workflow templates for ITO and BPO relationship based on

  Services & Performance management indicators; Governance, Value & Outcomes management controls; Security, Risk & Compliance management controls; Internal Organization controls; Contract & Vendor management indicators; Strategy & Business management indicators

• 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

Flexible platform to manage and engage all involved stakeholders in your Vendor and Supplier relationship Management process:

• Owners: manages multiple sourcing contracts within one or more Business Unit / Plants / Countries or any other hierarchy you want to create
• Delegates: receives access & delegation authority from the Owner to manage (parts) of one or more contracts
• Contributors: expert, validator or provider (external) users that contribute to recurring contract reviews or one-off workflow assessments based on invites
• Reporting only: read-only access user that creates overview & executive reports across BUs

• Calendars: Manage the periodicity (monthly, quarterly, yearly) of the review calendar and workflow planning per business unit in your company and initiate review & workflow requests based on automated e-mail invites
• Reports: Export individual or consolidated contract dashboards in XLS for reporting purposes
• Follow-up: Tracking and follow-up of action item completion progress

• 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 or Connected through APIs
• Easy to deploy
• Scalable
• Continual health check
• Workflow for automation

• Contract portfolio view
• Subscription model
• Industry templates
• Risk mitigation
• Role-based
• Prepared for audit