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Description
Demonstrating a strong history of achieving immediate cost reductions at the enterprise level, TDX products streamline data-intensive processes that have historically been sluggish, cumbersome, or unmanageable. Gain precise skill-based market rate benchmarks to establish ongoing budgeting and contracting standards with business allies and suppliers. Update rate cards in mere seconds instead of taking weeks, complete with projections of potential savings impact. Utilize “should cost” insights to negotiate and reduce contracted resource rates within SOWs. Efficiently upload hundreds of SOW documents to uncover transactions that may include concealed premiums, such as staff augmentation misclassification. Benefit from a constantly refreshed inventory of both identified and realized savings across all SOW and CW savings opportunities. Automatically create supplier scorecards to save significant time, enabling continuous performance management rather than relegating it to an annual task. This innovative approach not only saves time but also enhances transparency and accountability within supplier relationships.
Description
Procurement serves as the main avenue through which organizations engage with their external business counterparts. As both supplier and buyer networks continue to grow in complexity, the technology employed to navigate these networks often relies on outdated applications and processes. While procurement teams excel in negotiating contracts, they frequently face challenges when it comes to their implementation. Traditionally, the functions of legal, procurement, supply chain, and finance have operated in a fragmented manner, optimizing their own internal processes without cohesive integration, which is further complicated by conventional ERP systems that cannot efficiently manage business rules and volume discounts across various divisions, subsidiaries, and partners. This increasing complexity in contract execution requirements leads to significant contract leakage for large organizations, creating a disparity between the savings that are negotiated and those that are ultimately realized. Consequently, organizations must reevaluate their procurement strategies to close this gap and enhance efficiency.
API Access
Has API
API Access
Has API
Integrations
No details available.
Integrations
No details available.
Pricing Details
No price information available.
Free Trial
Free Version
Pricing Details
No price information available.
Free Trial
Free Version
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Vendor Details
Company Name
Brightfield
Country
United States
Website
www.brightfield.com/products
Vendor Details
Company Name
EY
Country
United Kingdom
Website
www.ey.com/en_us/blockchain-platforms/contract-manager