Source-to-contract Software

Adopt a Holistic Approach to Sourcing with Comprehensive Source-to-Contract Software

ARCUS® is the only single solution you need to efficiently manage information on your suppliers, including Environmental, Social and Governance (ESG) data. Our source-to-contract software modules streamline and digitise every stage of the process.

When these ARCUS® modules are utilised in a single solution, users benefit from a holistic, collaborative approach to sourcing through a centralised repository of supplier data.

Using the central storage facility, information can be quickly displayed to both external auditors, and internal stakeholders.

About Source-to-contract Software:

When you utilise ARCUS® modules in a single, connected source-to-contract solution throughout a user-friendly system, you benefit from a comprehensive and holistic approach to sourcing that saves time and mitigates supplier risk.

Moreover, the solution increases visibility, enhances accessibility, operates using one single source of supplier data and allows you to track supplier progress over time.

What are the Benefits of Source-to-contract Software?

  • Time-savings with reduced administration
  • Demonstrate supplier alignment across source-to-contract
  • Tried, tested, and quick implementation
  • In-built disaster recovery
  • All notes stored alongside supplier record
  • Manage other SRM risks
  • Configurable questionnaires with tiered and branching questions

ARCUS® Smart Technologies

The Modules

Manage projects across source-to-contract via a centralised, workflow-based system, providing visibility across current projects, including savings.

Digitise the tendering process using standardised templates, scoring and selection tools, and seamlessly transfer supplier data between tender and onboarding.

Invite suppliers prequalified by eRFX to compete in an extensive range of online auctions.

Allow suppliers to self-onboard key information and manage compliance, including ESG via web-based portal.

Centralised contract repository that provides visibility, process management, alerts and reporting.

Collect and report on critical supplier performance information based on KPIs and SLAs.

Visualise your organisation’s sourcing strategy, contracts, and supplier compliance including current and future ESG credentials over time.

Frequently Asked Questions

1What is source-to-contract?
Source-to-contract is a segment of the overall procurement process. The procurement professional will select the supplier, onboard them, and take them through contract negotiations. In essence, it's the initial process of selecting a supplier for a new project and agreeing on the terms of the partnership.
2What are the benefits of source-to-contract tools?
In a nutshell - it increases source-to-contract efficiency, maximises data-value, and helps mitigate supplier risk. Additionally, source-to-contract tools offer enhanced project oversight. Users can better assess project progress, as well as increase project successes. For example, by maintaining oversight of supplier savings data across source-to-contract, users can better track their overall money savings against KPIs.
3How can I make sure my team are following correct source-to-contract processes?
In short, implement software that's configured to your requirements. ARCUS® Supplier Management Software is fully tailored to the user, allowing for standardisation in source-to-contract across the business.