When dealing with global suppliers, communication barriers due to time zones, language differences, and varying legal systems can hinder contract negotiation and enforcement.
Ensuring vendors adhere to contract terms and procurement policies can be a challenge, especially with a large number of contracts.
Contractual risks like delayed deliveries, poor quality, or unexpected price changes can significantly impact the business.
Standardize procurement contracts with pre-approved clauses.
Track contract performance, deadlines, and financial obligations.
Sign multiple supplier contracts with legally compliant e-signatures.
Accelerate procurement approvals with rule-based automation.
Identify contractual risks, pricing errors, and policy violations.
Store all vendor agreements in a structured, searchable system.