Key Features of the SharePoint Contract Management System

Business Challenge

The company faced a fold challenge with the existing application:

Considerable time is consumed to create more suppliers with the existing application. The company needs to find the supplier's reputation and operative region before adding or allowing them to be suppliers and proceed further in the bidding process.

Customer

Fortune - 500 High-end Manufacturing Company

Technology

Microsoft SharePoint

Solution

RMM Technologies proposed a bidding solution based on Microsoft SharePoint. This solution enables the buyers to quickly create contracts and add N number of suppliers in less than 10 seconds, considerably less than the earlier application, which took around 45 minutes to select a contract.

In addition, RMM Technologies customized a bidding solution based on Microsoft SharePoint, which allowed both the supplier and bidder to upload and access the document easily. The bidding application enables purchasing policies to be configured based on predefined supplier information based on quality and region of operation, which improves purchasing governance standards to avoid risk-prone suppliers and improve efficiency.

Benefits

Increased transparency in the bidding process and the application saves considerable time. The application provides - 360-degree insight into bidding activity across the company. Improved decision-making with easy access to accurate, in-depth information Helps to achieve cost savings through a transformational approach to bidding Enables Bi-directional connection between supplier and buyer Integration

This application is capable of interacting with,

• SAP
• Teamcenter
• Oracle
• SAP - ARIBA

This connectivity allows this application to establish seamless connections with other repositories, making the solution interoperable across the organization.