ADVANCED SUPPLIER MANAGEMENT

Supplier Relationship Management Software

Reduce risk and get a complete overview of supplier performance.

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advanced supplier management software in use

OVERVIEW

Advanced Supplier Management: Anticipate. Plan. Achieve.

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 understand and solve your key issues

We build products which are designed to solve our customers key challenges.

  • Easily determine supplier risk

     

    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).

     

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  • Get actionable insights from your data

    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.

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  • Reduce time spent on searching for supplier information

    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.

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  • Be easy to do business with

     

    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.

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Value Calculator

Calculate the financial savings you could receive when utilising Advanced Supplier Management, part of the Source to Contract suite of solutions.

 

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Key Capabilities

  • Quick start contracts
  • Contract integrity controls
  • Checklists and activities
  • Alerts and reminders
  • Tracking of contract changes
  • Automated tracking/reporting
  • Fast implementation
  • Built-in dashboards
  • Modern user interface
  • Easy to use

CAPABILITIES

More than just supplier management software

Find out more about the powerful features that sit within Advanced Supplier Management

How Advanced Supplier Management can help you

FEATURES & BENEFITS

  • Reporting & dashboards

    Focus on strategy and performance with ease, with Advanced Supplier Management’s built-in reports and dashboards

    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.

     

    Reporting & dashboards

    Quick and easy access to the information you need.

    Customisable dashboards

    tickGain insights into what is important to you and other team members

    tickGet a quick and simple overview of your contracts, dates, and reminders

    Gain real time business insight

    Insights to help you make decisions

    tickAutomatic alerts and reminders on contracts and supplier insights, reducing the need for manual input

    tickCentralised reporting ensures insights are accurate and up to date

    tickGain valuable insights into both individual contract and supplier management, as well as overall contract process performance

    Increase business agility

    More speed, less admin

    tickGain a complete view of business performance

    tickMake decisions based on accurate data

    tickSpend less time analysing and more time implementing improvements inspired by insights

  • Supplier & risk management

    Real time insights specifically tailored for your whole team

    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.

     

    Suppliers & risk

    Keep track of the health level of your contracts

    tickEasily see which suppliers are at risk

    tickAssign standard parameters and checklists

    tickEncourage collaboration with increased visibility on health status and recommended actions

    Recurring assessments

    All supplier information in a single destination

    tickSafely store information

    tickEasily organise, store, and update contracts

    tickAdd functionality as your budget, scope, and maturity increase

    Supplier variation management

    Track changes and variations

    tickKeep your suppliers’ contacts up to date by tracking changes

    tickGet one version of the truth with automatic updates when integrating with other solutions

    tickEasily change suppliers’ details throughout the year as and when they change

    Supplier due diligence

    Gain complete transparency of your suppliers

    tickHave a deeper understanding of your supply chain by linking suppliers together

    tickCreate automatic response plans for supplier risk categories and statuses

    tickDetermine supplier risk by creating score frameworks

    Risk & issue management

    Mitigate risk with Advanced Supplier Management

    tickUnderstand your third-party relationships and impacts of possible disruptions

    tickPredict risk and plan ahead of time

    tickEasily view your contracts, suppliers, and compliance requirements in one place

  • Compliance & transparency

    Adapt to legislative changes and manage information efficiently with Advanced Supplier Management

    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.

     

    Insurances & certifications

    Align insurance obligations and dates to your contracts automatically

    tickManage risk and time by having full visibility of your contract relative insurances

    tickEnsure both your contracts and insurance are valid and up to date

    tickEasily generate custom reports and alerts

    Document library

    All contract data in a single destination

    tickSafely store information

    tickEasily organise, store, and update contracts

    tickAdd functionality as your budget, scope, and maturity increase

    Alerts & reminders

    Reminders to prevent you from forgetting the important things

    tickGet alerts when your contracts are expiring

    tickCreate custom reminders

    tickMitigate the risk of contract expirations

    Public information reporting

    Custom reports to ensure maximum transparency

    tickSelect custom filters for more detailed reporting

    tickAdapt to any legislative changes regarding public reporting

    tickGenerate reports effortlessly for maximum transparency

  • Built-in assessments & tools

    Ensure suppliers are aligned with your ESG objectives through Advanced Supplier Management

    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.

     

    Performance management

    Clear visibility of supplier and stakeholder performance

    tickIdentify, tier, and link your suppliers to industry, service, and individual capabilities

    tickCreate bespoke assessments to provide a 360-degree view of supplier performance

    tickUnderstand and effectively use qualitative feedback from your supplier meetings to improve outcomes

    Modern slavery risk management

    Specially designed for organisations with turnover above £36 million

    tickMonitor and manage risk with a complete modern slavery framework

    tickDetailed risk assessment and validation on all impacted suppliers

    tickEasily generate a modern slavery report for maximum transparency

    Workflow management

    Define permission levels and automate actions

    tickCreate workflows tailored to your organisation needs

    tickAutomate manual processes

    tickAllow different teams to focus on the contracts that are relevant to them

    Delegation management

    Designate responsible persons to speed up processes

    tickDelegate actions to relevant team members

    tickSend notifications when contract or supplier information changes

    tickSpeed up internal processes

IMPLEMENTATION

Welcoming you onboard

 

 

Starting your journey

1 day

Challenge

We get a better understanding of you and your business to drive your onboarding experience towards success.

Understanding your challenges

1 week

Planning

We build a plan of action for your journey to go-live with due dates and owners.

Planning your journey

2 months

Journey

Working through the action plan, we execute the plan with you and get you ready to adopt Advanced Supplier Management.

On the road to go live

Destination

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.

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Enable the strategic capability of your supplier relationships.

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0330 343 8000