Efficiently centralise, manage and approve all supplier contract data required by contract managers in the healthcare sector.
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Companies in the healthcare sector often have long and complex supply chains, meaning that managing these and ensuring compliance throughout the supply base can be a difficult and time-consuming process for contract management professionals. By the very nature of their business, healthcare companies need to ensure that they have a strong focus on efficiency, compliance and providing a quality service. This can lead to a substantial amount of administration, including paperwork, telephone calls and emails to suppliers. Trade Interchange’s ARCUS® supplier management software enables professionals within the healthcare to operate without these burdens.
- Automate supplier on-boarding
- Manage contract risk
- Central repository for contract information
- Protect brand reputation
- Automated supplier scoring
- Bi-directional approval workflows
Collect, store and manage all supplier data needed by contract management professionals in the healthcare sector.
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Take a look at these resources to find out how ARCUS® supplier management software has helped contract management professionals in the healthcare sector.
"Trade Interchange’s ARCUS® supplier management platform has allowed us to fully consolidate our supply chain and procurement function, and we now have a complete handle over all supplier data, contracts, performance and sourcing."Harvey Marston, Head of Procurement, Four Seasons Health Care
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Barchester Healthcare uses ARCUS® SCM to provide a central database for contracts. This removes duplicate and hard copies of contracts, ensuring one version of the truth exists. Barchester Healthcare utilises the configurable contract template facility to enable contracts to be electronically created for suppliers to complete and upload directly into the database for approval.
Barchester Healthcare deploys workflows which allow either the entirety or parts of a contract to be entered and reviewed by the appropriate professional at Barchester Healthcare, without the need to manually seek each person’s approval.
The Bi-directional workflows enable a contract to be reviewed by multiple stakeholders or by a single professional depending on the business needs and contract type. This improves the efficiency of contract approvals, removes bottlenecks and frustrations, while providing complete oversight of the process and prevents data silos.