Supplier Contract Management|

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Supplier Management Software Features

Getting the most out of a supplier relationship involves careful contract management. Most businesses recognise the importance of contract management. In ACOS, supplier contracts can be managed centrally or by individual departments. Locating, organising supplier contracts, uploading registration documents and adding commodities are just some of the key features in ACOS Supplier Management.

Centralised Software System

One question which often comes up is whether a centralised software solution is the best, or if it’s better to let individual departments manage their own supplier records & contracts. There’s no one correct answer. Different organisations will find solutions that works best for them. In ACOS you could use centralised supplier management (such as by a procurement officer), or give initiators from each department the option to create their own suppliers on the system and management documentation & contracts accordingly.

Improve Productivity

Supplier Contract Management software, such as ACOS, helps organisations work effectively without having to create a system from the ground up. If your organisation has been completing paper contracts or use a combination of other programs to form a collaboration contract management system, transitioning to software designed for contract management may improve the productivity, centralise controls and increase the integrity of the software database. The main caveat is that the software should serve the company and policies, and not force the upend of current processes within the organisation.

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