Value Calculator
Calculate the financial savings you could receive when utilising Advanced Supplier Management, part of the Source to Contract suite of solutions.
ADVANCED SUPPLIER MANAGEMENT
Reduce risk and get a complete overview of supplier performance.
OVERVIEW
Advanced Supplier Management helps organisations to thrive in an increasingly unpredictable environment. Our supplier management solution puts you in the driver’s seat for contract negotiations, by providing clear visibility of all your contracts and suppliers in one centralised location. Visibility of suppliers is one of the main priorities for procurement teams. Whether your organisation is within the NHS, higher education, local government, or the private sector, we have a solution that enables your team to build effective supplier relationships (while improving supplier performance too).
“We highly recommend Advanced Supplier Management as a contract and supplier lifecycle management platform, as it gives organisations complete control and visibility of any task, process, or performance-related aspect of managing contracts/suppliers.”
— Bruce McClintock,, Partner at Chapman Tripp
We build products which are designed to solve our customers key challenges.
IIncrease the visibility of risk within your supplier base. Effortlessly deep dive into your suppliers (and even their suppliers) to understand more about key dangers related to financial performance, ownership structures, and crucial social impact indicators (such as modern slavery and human trafficking exposure).
Drive real insights to your company’s contract landscape and receive actionable information around factors like contracts, spend, supplier performance/sentiment, as well as timelines and contract history. Both executives and end users can gain invaluable insights into both individual contractor management and overall contract process performance.
Store all your suppliers and contracts in one easy location. No more consolidating spreadsheets and losing track of valuable documents. Advanced Supplier Management serves as a highly visible one-stop solution in which suppliers and contracts can be stored, organised, viewed, and updated with ease.
Easily collaborate with your suppliers through our self-service and information sharing functionality. A like-for-like system experience that makes collaboration more seamless for your suppliers, enabling you to build more effective relationships with them and to reach better/faster outcomes.
Calculate the financial savings you could receive when utilising Advanced Supplier Management, part of the Source to Contract suite of solutions.
Find out more about the powerful features that sit within Advanced Supplier Management
FEATURES & BENEFITS
The user-friendly interface provides a high-level dashboard, with the ability to drill down for more detailed information. In addition to this, supplier insights can be configured so that individual users have access to the data most relevant to them.
Quick and easy access to the information you need.
Gain insights into what is important to you and other team members
Get a quick and simple overview of your contracts, dates, and reminders
Automatic alerts and reminders on contracts and supplier insights, reducing the need for manual input
Centralised reporting ensures insights are accurate and up to date
Gain valuable insights into both individual contract and supplier management, as well as overall contract process performance
Gain a complete view of business performance
Make decisions based on accurate data
Spend less time analysing and more time implementing improvements inspired by insights
Having access to up-to-date contract information is critical to making informed contract decisions. Without this data, teams can struggle to act and react to changing market dynamics and business priorities.
Empower your teams with full contact visibility, ensuring you are agile and efficient when making decisions.
Easily see which suppliers are at risk
Assign standard parameters and checklists
Encourage collaboration with increased visibility on health status and recommended actions
Safely store information
Easily organise, store, and update contracts
Add functionality as your budget, scope, and maturity increase
Keep your suppliers’ contacts up to date by tracking changes
Get one version of the truth with automatic updates when integrating with other solutions
Easily change suppliers’ details throughout the year as and when they change
Have a deeper understanding of your supply chain by linking suppliers together
Create automatic response plans for supplier risk categories and statuses
Determine supplier risk by creating score frameworks
Understand your third-party relationships and impacts of possible disruptions
Predict risk and plan ahead of time
Easily view your contracts, suppliers, and compliance requirements in one place
Reduce human error and manual inputting when dealing with important reports/contracts. Ensure the right people are involved and information is available for selected team members. Advanced Supplier Management makes it easy for your organisation to maintain high compliance levels.
Manage risk and time by having full visibility of your contract relative insurances
Ensure both your contracts and insurance are valid and up to date
Easily generate custom reports and alerts
Safely store information
Easily organise, store, and update contracts
Add functionality as your budget, scope, and maturity increase
Get alerts when your contracts are expiring
Create custom reminders
Mitigate the risk of contract expirations
Select custom filters for more detailed reporting
Adapt to any legislative changes regarding public reporting
Generate reports effortlessly for maximum transparency
Setup mechanisms to ensure your suppliers (and their suppliers) adhere to the legislative and policy requirements around your environmental, social, and governance objectives. With regular assessments and the ability to view supplier compliance monitoring performance becomes simple.
Complying with modern slavery requirements and having a complete view of your contract/supplier performance doesn’t have to be complicated. With Advanced Supplier Management you can create workflows, generate performance reports, and easily manage your modern slavery risk.
Identify, tier, and link your suppliers to industry, service, and individual capabilities
Create bespoke assessments to provide a 360-degree view of supplier performance
Understand and effectively use qualitative feedback from your supplier meetings to improve outcomes
Monitor and manage risk with a complete modern slavery framework
Detailed risk assessment and validation on all impacted suppliers
Easily generate a modern slavery report for maximum transparency
Create workflows tailored to your organisation needs
Automate manual processes
Allow different teams to focus on the contracts that are relevant to them
Delegate actions to relevant team members
Send notifications when contract or supplier information changes
Speed up internal processes
IMPLEMENTATION
We get a better understanding of you and your business to drive your onboarding experience towards success.
We build a plan of action for your journey to go-live with due dates and owners.
Working through the action plan, we execute the plan with you and get you ready to adopt Advanced Supplier Management.
Congratulations you’re live! This is where our Customer Success program really kick in to provide you more value and make sure you are maximising your chances of reaching your goals.
Find out what technology is propelling and facilitating transformation in the Public Sector.
Download our latest whitepaper as we identify the procurement challenges that UK businesses have recently been facing, and may continue to face for some time to come.
Find out how focusing on procurement customer experience (PCX) can lead to better outcomes
Hi, we are Advanced.
Talk to us.
Enable the strategic capability of your supplier relationships.
Call us at
0330 343 8000