Contract Management Solutions
Many organizations have no idea what contracts are currently signed, implemented, or up for renewal at their company.
Lack of controls, decentralized offices, and lack of resources all help to contribute to poor contract management.
In addition to automatic renewals at non-competitive rates, the lack of control of contracts leads to maverick buying.
Source One can manage everything from small business maintenance contracts to complex multi-site telecommunication service agreements.
With our Contract Management Services, Source One will ensure you never miss a renewal date or a commitment level again.
Our experienced team will be prepared to help you decide where to focus your negotiation efforts and/or when to find alternative vendors.
When used in conjunction with our Strategic Sourcing Services, we will even ensure you are getting billed at your contracted prices through our auditing solutions.
Source One can help you implement your own Contract Management System, or you are welcome to use our free tools at www.WhyAbe.com. WhyAbe provides the tools you need to manage your contracts, track expirations, and keep all of your contracts electronically in a single location and ensures that you never miss a renewal date with automatic email notifications.
WhyAbe.com Contract Management
Source One will work with your internal Contract Management Software, or you can use the free solutions provided by WhyAbe.com. Never miss a contract renewal or expiration data again. With WhyAbe.com’s free Contract Management Repository System, you can manage your contract’s owners, reviewers suppliers, terms and conditions and track critical data.
The WhyAbe Contract Management Repository provides features include:
- The ability to establish contract owners and contract’s signature.
- The ability to add reviewers, such as managers or legal departments that should have read only access to all of the company’s critical documents.
- The ability to create your own supplier database.
- The ability to upload a signed copy or original electronic copy of the document to a secure online repository for safe keeping.
- Quick filter tools to see upcoming expiring or renewing contracts, or to determine the highest value contract in your organization.
- The ability to track important pieces of information, such as: Terms and Conditions – Contract Signed Date – Contract End Date – Renewal Terms – Contract Amount
WhyAbe.com’s contract management repository is a cost effective way to assist in organizing your company’s spend obligations.
Source One has been negotiating contracts over a three decade period, and has developed an accurate database of terms and price points that have been obtained for our clients. Our market intelligence is unmatched in the industry, since we have visibility into the spending of thousands of buyers that use our systems.