Streamline Contract Management, and Save Valuable Time Whilst Reducing Risk.
ARCUS® Supplier Contract Management (SCM) is a cloud-based solution, purpose-built to transform the way organisations manage their contracts.
Centralised and efficient, ARCUS® SCM goes beyond traditional contract repositories to deliver actionable insights, mitigate risk, and drive compliance throughout the contract lifecycle. Operating from a single database, contract processes are standardised and streamlined through tailored approval workflows and reminders.
About Supplier Contract Management:
Centralised repository: A secure platform for storing and managing contract-related documents, such as contracts, amendments, communication, and supporting files.
Configurable workflows: Tailor contract creation, review, approval, and execution processes to match your unique organisational needs, subsequently saving time.
Alerts & reminders: Proactively receive notifications for critical contract events and deadlines and ensure compliance, instead of missing opportunities.
Clause Library: Centralise contract templates and a comprehensive library of pre-approved legal clauses, streamlining contract creation, and mitigating risk.
What are the Benefits of Supplier Contract Management Software?
- Enhanced risk management capabilities.
- Centralised supplier agreement management.
- Single source of contract information.
- Maintain comprehensive audit trail.
- Alerts and reminders for contract renewals.
- Drag and drop contracts
Automation
Automate repetitive and time-consuming tasks, streamline workflows, and delegate authority.
Artificial Intelligence
Streamline process, improve decision making and proactively manage risk with intelligent AI-features.
Connect
Integrate with ERP systems, external data sources, and other ARCUS® solutions.
Supplier Contract Management Case study
Sodexo operates across 67 countries with 470,000 employees worldwide. Due to the company’s size, it deals with a vast number of contracts on a regular basis.
ARCUS® SCM is a cloud-based system that enables users to easily manage contracts by automating tasks and storing contract data in one centralised location.
Sodexo managed to save time by automating its methods but realised that this level of efficiency could be raised to a higher degree using ARCUS® SCM process automation.