Contract Manager

Multisourcing is becoming the preferred method of managing the delivery of services into complex business organizations. Multisourcing necessitates the creation and maintenance of several trading partner relationships in a structured format. Today's complex trading relationships involve multiple business processes and business partners throughout the supply chain.

INSIGHT's Contract Manager monitors and manages the provision of services in line with the agreed terms and conditions of these multiple supply contracts.

INSIGHT's Contract Manager addresses the management of the complex language of a supply contract, the terms governing price, shipment, payment, quality, volume breaks, rebate policies, discounts, etc.

Managing all of these functions, especially if you have thousands of relationships and contracts that change on a frequent basis, requires a serious commitment of time and resources. INSIGHT is a next-generation contract manager that helps to bridge the gap between the resource-intensive old economy ERP business transaction processing and efficient, collaborative internetworking.

INSIGHT's Contract Manager automates and streamlines the management of every contractual agreement through its entire lifecycle, including planning, negotiation, storage, maintenance, and analysis. INSIGHT governs both the business rules and contract conditions that drive the real commerce between organizations. INSIGHT manages the dynamic detailed transactions and implementations of a contract, ensuring for the whole enterprise true contract compliance with conformance to well defined service level agreements and management.