Monitor
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Contract Management
Solution
l Monitor
With hundreds, even thousands of contracts to handle – agreements often
not centrally maintained – many organizations simply do not have the
structure and resultant visibility to manage this important cornerstone
of true strategic sourcing.
This can lead to a myriad of challenges including inconsistency in
agreements, suboptimal ability to capitalize on existing agreements and
consolidate to drive cost savings, and the inability to effectively
manage vendor Service Level Agreements (SLAs) and Key Performance
Indicators (KPIs) as well as other important contract terms. The
JVKellyGroup Contract Management Solution is just that…a solution to
these problems.
JVKellyGroup Contract Management Solution provides end-to end contract
life-cycle management in a hosted model to allow for rapid
implementation and deployment with no internal clients’ IT footprint.
From contract creation through expiration, a full set of features helps
ensure accurate management and oversight of your most important
agreements. This scalable solution includes a hybrid of professional
services and technology:
Professional Services:
- Contract Collection: Contracts in all formats – paper,
electronic, multiple systems – are aggregated and converted
into searchable PDF files.
- Contract Review: Contracts are scanned, reviewed and
appended with relevant data points by Subject Matter
Experts.
- Implementation: Rollout and adoption of the contract
management solution within the organization.
Functionality:
- Query and Export: Search functionality using pre-defined
and user-defined fields. Full ability to export data.
- Security: Full compliance with internal IT security
standards. Additional role-based permission / credentials
will ensure users see only what they are allowed to see.
- Training: Video training modules built in to the tool to
allow for quick, easy and on-going education of current and
new employees.
The Contract Management Solution is further enhanced with modules
including:
Vendor Management Module – Create true business
intelligence by applying third party data to your internal information.
JVKellyGroup can combine multiple streams of information to gain better
visibility into suppliers’ performance and health.
Reporting Module – JVKellyGroup’s Reporting Module
provides a clear visual representation of real time changes in the contract
landscape and highlights key metrics. Reporting Dashboards are fully
“customizable” to each client’s specifications and allows multiple views
within a user friendly interface.
Workflow Module – Ensure efficient and accurate
execution of agreements. The Workflow Module allows organizations to
automate the contracting process from creation through execution.
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White Paper
Four Steps to Supplier Risk Management
"Supplier risk management is not a new concept;
however, the type of risk that can affect the supply chain and the way in
which these risks are managed and mitigated has evolved significantly.
The need for proactive and predictive management strategies is ever present
in business today."
Register and Download Now!
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