Agiloft Named a Leader in The Forrester WaveTM: Contract Lifecycle Management, Q2 2023 – Read the Report →
Sourcing and Supplier Information Management — Extend the Value of Your CLM
Agiloft’s Sourcing and Supplier Information Management module works seamlessly with our Contract Lifecycle Management solution to reduce sourcing cycle times and automate supplier onboarding and compliance.
Sourcing and supplier management professionals today face ever-growing challenges and demands:
Consolidation
Complex & Manual Processes
Spend Optimization
Quality Sourcing
Siloed Systems
Key Benefits
Make Better Decisions
Improve decision-making by centralizing and streamlining the source-to-contract process.
- Create standardized templates with pre-approved language for RFIs, RFPs, and RFQs.
- Approve and promote sourcing projects. Invite suppliers to submit proposals.
- Collect information, collaborate, and respond to questions.
- Provide transparency for the team and a complete audit trail.
- Allow stakeholders to appraise, score, and compare suppliers.
- Convert awards into contracts with the click of a button.
Streamline Workflows
Save time and automate supplier information management.
- Allow prospective suppliers to register and provide information through the portal.
- Gather responses on security, diversity, and business criteria.
- Compile data to verify compliance with business criteria and policies.
- Automate supplier contract notifications and requests for documentation.
Gain More Visibility
Tap into Agiloft's unified supplier sourcing platform to quickly identify existing suppliers.
- Gain visibility into supplier relationships and contracts across your company.
- View terms, scope, pricing, and volume discounts.
- Simplify and turn opportunities into savings.
- Create custom reports and alerts for upcoming expirations.
- Identify a pipeline of new sourcing opportunities.
- Unify user-experience across sourcing and contracting activities.
Adapt as your business and customer needs change. Configure Agiloft's no-code platform to fit your needs faster with fewer resources as your process evolves.
Why Agiloft?
Stuck choosing between a packaged application that doesn't fit and an expensive custom solution? With Agiloft, you get the best of both worlds, a complete out-of-the-box supplier management solution that offers rapid-time-to-value and is customizable to fit your business like a glove.
Agiloft's agile supplier lifecycle management software can help your organization strengthen and optimize the following without writing a single line of code:
- Compliance
- Quality Assurance
- Centralization
- Accessibility
- Visibility
- Automation
- Security
- Integrations
- Scalability
Using Agiloft afforded us the flexibility to render a series of highly contingent processes into a cohesive whole, without the requirement for additional resources. With our previous approach to CLM and supplier management, we couldn't handle the complexity and rules guiding the diverse agreements and relationships without time-consuming manual interventions.
Max Elvey, Governance and Supplier Analytics Manager, Williams Lea Tag
Matt Latham
Purchasing Manager, Amerisure Mutual Insurance
See how Amerisure deployed contract lifecycle management to handle the rapidly changing landscape and real-life challenges of remote working.
Amerisure is one of the nation’s leading providers of commercial insurance, managing risk for businesses in construction, manufacturing, and healthcare. Amerisure headquarters is in Farmington Hills, Michigan with 12 locations and more than 750 employees. They are licensed to do business in all 50 states.
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