IACCM Contract Management Forum

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2017-07-05 07:55:04

How to introduce supplier cost reduction mechanism for multiple suppliers?

I have 30 list of suppliers. And I am handling these 30 contracts but due lack of bandwidth I am not able to go through all contracts and extract necessary information from document. Can anyone suggest me what activity I can take up to initiate cost reduction for suppliers contracts ?
 •  Seal Contract Discovery & Analytics  •   2017-07-06 15:52:14
Hi Anon, have you heard of Seal Software? Seal can find all your contracts, centrilize them into one repository, then extract all necessary information and key phrases for you. If you're from a company with a large amount of contracts and are struggling to get the bandwidth to analyse them all, tools like this can really help. See the link for some more info. www.seal-software.com/
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