Contract Management
With extensive contract management capabilities, you’ll revolutionise how your organisation handles your procurement process and strategic sourcing. With Portt, you’ll gain complete transparency on all contract activities and benefit from a range of features specifically designed to supercharge your contract management:
- Keep contract information secure at all times
- Ensure contract renewals are compliant and received on time, every time
- Maintain contract records and a ‘paper trail’ of changes
- Accurately manage contract risks and issues
- Always know where everything is with a centralised contract register
- Create comprehensive contract management plans
- Provide complete and detailed contract audit trails
- Manage contract tasks and compliance
- Undertake contract documentation and records management
Obligation Management
Every contract includes obligations (for everyone involved in the contract) to meet the requirements and responsibilities outlined in the agreement. These obligations can be as simple as making sure a quarterly review meeting is held or more complicated, with financial payments needed to meet obligations.
Regardless of the type of contract or obligations, Portt makes obligation management easy. With Portt, you can manage each contract’s obligations through a best-practice approach to contract management, a superior workflow, and dashboard reporting that ensures your contract obligations are consistently met.
Procurement Planning
Effortlessly manage compliance and approval activities, plan procurement strategies that work, and promote positive outcomes for your organisation with a bit of help from Portt!
Portt Core’s vast range of features helps you drive cost out of your business through effective procurement planning. With Portt, you’ll be able to:
Effortlessly manage procurement requests
Efficiently create procurement management plans
Provide effective procurement risk management
Ensure procurement compliance at all times
Create and analyse procurement forecasts for powerful insights and faster decision making
Conduct procurement audits with complete transparency
Easily manage procurement documentation
Strategic Sourcing
Provide your procurement team with all the flexibility they need to efficiently manage every stage of a sourcing event: from the moment a request comes in through to complex, multi-stage approvals.
With Portt, you’ll be giving your organisation the power to funnel every proposed sourcing event through a robust request process, ensuring that only approved sourcing events become ‘go to market’ activities. You’ll be able to:
Simplify your workflows for each type of sourcing activity, from self serve to your most complex.
Automatically create workflows specific to each sourcing event, including all activities, milestones, risks, assessments and date triggers.
Eliminate risk and human error; your strategic sourcing can all be created without your team needing to remember to do anything!