Contract & Supplier

Centralise and Collaborate

The Contract & Supplier App provides Procurement with a strong database for suppliers and contracts, acting as the backbone of actionable data which is fundamental for Procurement to drive value, increase efficiencies and manage key supplier relationships.

A procurement software professional.

Here’s a brief outline of just some of the features associated with Atamis Contract & Supplier

An example Atamis Contract & Supplier Dashboard.

Contract Management and Performance Monitoring

Contract & Supplier empowers your team to keep a register of all contract types, allowing classification of records to support clients risk positioning and value tracking to manage performance.

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    FAQs

    What is contract management software, and why is it important for businesses?

    Contract management software is a digital tool that helps businesses create, store, manage, and monitor contracts throughout their lifecycle. By automating tasks like tracking key deadlines and ensuring compliance, contract management software reduces risks, improves efficiency, and enhances visibility into contractual obligations.

    Why should companies invest in both contract management and supplier relationship management software?

    Integrating contract and supplier management software enables businesses to centralise data, ensure compliance, and strengthen supplier relationships. This leads to improved contract performance, reduced costs, and enhanced decision-making. Atamis offers a combined solution with our Contract & Supplier App where you can manage all contracts and supplier relationships within one intuitive, tailored tool.

    What features should I look for in contract management software?

    Key features include contract creation templates, automated alerts for renewals and deadlines, secure document storage, audit trails, e-signature capabilities, and robust reporting tools.

    How does contract management software ensure compliance with regulations?

    By centralising contract storage and providing version control, contract management software ensures that businesses comply with industry-specific regulations and internal policies. Automated audit trails and reporting tools support accountability and regulatory audits.

    Can supplier relationship management software track supplier performance?

    Yes, SRM software typically includes performance tracking features that assess metrics such as on-time delivery, quality, and compliance. These insights enable businesses to make data-driven decisions about supplier partnerships.

    What is the ROI of using contract management software?

    Contract management software reduces administrative costs, mitigates risks, and improves compliance, resulting in significant savings. Many businesses see ROI within the first year through improved efficiency and better-negotiated contracts.

    What is supplier relationship management, and how does software help?

    Supplier relationship management (SRM) refers to the strategic approach to managing interactions with suppliers. SRM software streamlines communication, tracks supplier performance, and helps businesses foster collaborative partnerships, resulting in cost savings and supply chain stability.

    How does supplier relationship management software improve procurement processes?

    SRM software enhances procurement by providing real-time insights into supplier performance, automating approvals, and ensuring better alignment between business needs and supplier capabilities. It also supports negotiation strategies and supplier risk mitigation.

    Can supplier relationship management software help with supplier risk management?

    Yes, SRM software includes tools for assessing supplier risk by monitoring compliance, financial health, and performance metrics. This ensures you can identify and mitigate potential risks in their supply chains.

    How can contract management software save time for procurement teams?

    By automating contract creation, approval workflows, and renewal notifications, contract management software significantly reduces the manual workload for procurement teams, allowing them to focus on strategic activities.

    How does cloud-based contract management software compare to on-premises solutions?

    Cloud-based contract management software like Atamis offer greater scalability, remote access, and reduced IT maintenance.