Manage with ease, stay on top of your supplier contracts
Robobai’s contract lifecycle management platform provides a home for all supplier contracts along with the management of those contracts during the life of the contract, so procurement teams and the relevant business owners globally have access to the right information at the right time.
Many businesses simply don’t have the basics in place to manage these contracts, at best using an unstructured repository as a dumping ground for contracts. More often than not supplier contracts are scattered across the business with visibility around management or commitment - a major headache for the procurement teams to navigate.
So how do procurement teams effectively and efficiently manage the basics such as expiring contracts, let alone manage what has been agreed during the life of the contract, and how can procurement gain valuable insights and unlock value from these contracts without the visibility?
Thankfully, with the Robobai platform, it connects the important and critical contract information with the spend analytics, all within the platform, and then provides AI insights for the procurement teams to act upon, so expiry, rise & fall mechanisms, price reviews, KPI’s etc are all managed efficiently and effectively, handing the power back to your procurement teams.
All of this leads your procurement, finance and operation teams to make informed decisions and find areas within your supply chain where spend could be reduced and better managed. Robobai can enhance your companies Contract Management systems in the following ways:
Ensure spend is placed with the right suppliers at the right price
Reduce spend leakage with non-contracted, non-preferred suppliers - don’t leave money on the table
Reduce risk, ensure suppliers are contracted on the right terms
Leverage and aggregate your negotiating position with previously overlooked information
Unlock value during the life of the contract
Make Better Business Decisions
> Get easy global access to your supplier contracts > Enhance your data’s integrity and governance
> Allow procurement to interact more efficiently with other parts of the business > Improve procurement efficiency, save time and money