Download - Cloudway contract management capabilities
CLOUDWAY –ARIBA-Contract Management Capabilities
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About Us
Cloudway is a recognized leader in Strategic Sourcing, CRM Consulting,HRM Solutions, ERP Consulting/Implementation Services, CloudIntegration Services and Work Force Management Capabilities which helpclients to transform their business processes and develop strategies togain sustainable and continuously improving results, in collaboration withsuppliers and internal stakeholders. With one of the largest, mostaccomplished and passionate team all over India, CLOUDWAY helps theenterprise in sourcing, analyzing and compliancing rapidly to achievemore efficient, increased effective operations, with greater reach, higherperformance and powerful impact.
• Compliance Management
• Strategic Sourcing
• Talent Acquition Techniques
• Market Intelligence
• Supply Chain Collaboration
• KRONOS Work Force Management
• Analyzing Risk & Opportunities
• Effective Financial Services.
• Business Process Redesign
• Spend Visibility
• Enduring Client Relationship
• Product & Category Management
• Sustained Cost Reduction
• Cloud Platform & Cloud Integration
Why Cloudway
Mission & Vision
› Focused on Cloud based Business Transformation Processes for maximizing the bottom line
› Expertise in Procurement Sourcing, Process Auditing, Supply Chain Optimization , Business Integration & Deployment.› Customer can leverage the benefits of Cloud based Processes & Technology
to enhance competitiveness
› Consulting Services and Solutions to meet the client’s need
› Global and Flexible delivery models to assure fixed-price with fixed-time solutions.
Cloudway mission since its inception in 2010, is to be viewed as a true consulting partner to our customers. Our mission is to act as an extension to the corporate IT groups, to aid in the successful IT transformation & technology initiatives.
Cloudway’s vision is to continuously improve in our skills, in our specialized areas of expertise, & embrace our clients to accelerate the IT transformation & successful implementations of projects we engage. It is this trusted advisor role that will allow us to act as a true partner throughout these initiatives.
Executive Summary
› CLOUDWAY Consulting stands as an enduring expert in large-scale private sector cost reduction services enabling our clients for strategic procurement..
› Innovative Solutions Alliancing & strategic Collaboration with leading technology partners
@ Cloudway 2016. All Rights Reserved
› Expertise in providing Cloud Platform solutions and Cloud Integration
› Provides tools to create High-Performance Workforce
CPOs Need Help to Navigate a Changing EnvironmentCompeting Pressures on Procurement Organizations
Economic Volatility• Volatility in markets• Decreased stock valuation• Slow economic growth
Focus on Risk• Supply chain disruption• Financial risk and fraud• Commodity risk
Regulatory Charges• Increasing disclosure
requirements• Country-specific regulations• Industry-specific disclosures
Increased Globalization• Expansion into new markets• Global process standardization• International supply chains
Pressure on Margins• Profitability by segments• Decreased budgets and spending• Determination of the cost to serve
New Business Models• Shared services organizations• Business partnerships• Leveraging big data for decisions
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Contract lifecycle managementRisk management, visibility, and compliance concerns are paramount`
66%
44%
40%
37%
34%
Establish better control of enterprise spend
Poor visibility of contractual relationships
Pressure to reduce supply and supplier risk
Need to improve compliance
Poor visibility into supplier performance on
contracts
Top 5reasons
cited
Contract lifecycle
management technology
provides an opportunity
for procurement
organizations to take
contract maintenance out
of the hands of legal
counsel while allowing
them to focus on
increasing efficiency and
driving cost savings.
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Ineffective Contract Lifecycle ManagementResults in Increased Compliance Risks
DraftContract
Admin/Optimize
Manage Compliance
Storage Repository
Approval /Signatures
Negotiate Contract
Creation Visibility Performance Management
• Inconsistent and email-intensive
processes
• Long Negotiations approval cycle
times
• Lack of tight controls ( e.g. for non
standard contracts /language)
• Legal Risk
• Organizationally dispersed contracts
• Redundant contracts
• No visibility into commitments
(financial, legal)
• Inability to track regulatory
compliance or understand contract
history
• Poor contract compliance
( PO, Invoice, SLAs )
• Poor renewals management
• Lack of performance
information hinders re-
sourcing or resale efforts .
@ Cloudway 2016. All Rights Reserved
@ Cloudway 2016. All Rights Reserved
These are the Challenges We Hear From Our Customers
• Weak Contract Management. Poorcontract compliance, belatedrenewals management, and lack ofperformance information
• Ineffective Contract Creation. Lack
of tight contract authoring controls,creating legal risk
• Poor Contract Visibility. Dispersed
and redundant contracts and theinability to track regulatorycompliance or understand contracthistory
• Disconnected Negotiation
Processes. Inconsistent and e-mail-intensive processes, long negotiationand approval cycle times, and risk ofnot including the correct stakeholders
• Slow Time-to-Value. Poor user
adoption, lengthy deployment, andlimited process and data integration
Ariba Contract ManagementSupports the entire contract lifecycle
Draftcontract
Negotiatecontract
Approval andsignatures
Managecompliance
Admin andoptimize
Storage andrepository
Contract creation
Contract visibility and repository
Contract execution and complianceContract execution and compliance
• Deep, bidirectional integration within the source-to-contract process
• Expiry notification for improved renewal
management• Centralized electronic task-driven notification
alerts
• Rapid time to value with on-demand deployment
• Microsoft Word integration
• Integration to leading eSignature providers –
DocuSign and Adobe EchoSign
‹#›
• Automates the contract creation cycle, from draft
to reviews and approvals
• Contract authoring tools, including clause libraries
and conditional templates
• Creates a contract repository with access-
controlled search and reporting
• Audit trail for internal and external and regulatory
requirements
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Delivering Optimized Contract Lifecycle Management
• Improved Contract Management.
Improved contract compliance, timely
renewals management, and visibility to
performance information
• Effective Contract Creation.
Tighter controls and minimized legal risk
• Full Contract Visibility
Single repository for contracts, elimination of redundant
contracts, visibility into commitments, and
the ability to track regulatory compliance
and understand contract history
• Effective Contract Creation.
Single repository for contracts, elimination of redundant
contracts, visibility into commitments, and
the ability to track regulatory compliance
and understand contract history
• Streamlined Negotiation Processes
Streamlined and controlled processes,
abbreviated negotiation and approval
cycles, and inclusion of the right stakeholders
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Third Parties Agree: Ariba is THE Single Best-in-Class SaaS
Solution for ALL Contract Types and Agreements
Publication Date: June 2013
Gartner MAGICQUADRANT
Forrester WaveTMQ1 '13
More than four million contracts every day…
At Ariba, we help our customers manage more than fourmillion contracts every day with than 500 total customers
• Extensive experience and customer reach across both
procurement as well as sales contracts
Consistent Leader in CLM according to…
• Gartner Magic Quadrant, June 2013
• Forrester Research, SVM Toolset, Q1 2013
Benefits of On Demand deployment …
• Y1 TCO 5X-10X less than installed software
• 50% faster implementation cycles
• 25% more spend under management
• 2X-4X more innovation releases
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Electronic signatures Value PropositionFaster Contract Completion, Reduced Costs, Improved Controls
Contracts completed in 1-2 days vs. 2-3 weeks
80% reduction in paper and supplies
Detailed audit information and compliance copies
of every signed document
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The Market-Leading SaaS Solution to Better ManageContracts & Commitments
Key Imperative Why Ariba Contract Management?
End-End Contract
Management
Improve ContractManagementEfficiency
Manage
CommitmentsMore EffectivelyDriving ROI
• Most widely adopted contract management provider with over 450 total
customers.• Manage the entire contract lifecycle for all agreements on an integrated
SaaS, spend management / sales acceleration platform.• Ranked as a leader by numerous independent analysts.
• Flexible approach with configurable workflows in the contract
management lifecycle incorporating all relevant activity and information• Process standardization tools driven by best practice templates to
remove bottlenecks and improve overall contracting efficiency• Tightly integrated electronic signatures capabilities making contract
execution more transparent, faster, and more secure
• Configurable dashboards with robust search, reporting, and task driven
alerts providing audit trails for operational and regulatory compliancefor best value agreements
• Enhance ability to manage cash through improved visibility andforecasting
• Plug in to the Ariba Network to improve contracting efficiency andeffectiveness while assuring your return on investment
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SaaS Data SecurityWith Ariba, Your Sensitive Contract Data Is Secure
Physical Security
Physical Security
• 24x7 guarded servers
• Surveillance cameras
• Motion detectors
• Limited Ariba access
• Biometric access control
Physical Security
• Three layers of firewall protection
• HTTPS – 128 bit encryption
• Access control entries on load balancers
• Password encryption with expiration
Availability & Reliability
• 99.5% uptime
• Comprehensive backup schedule
• Proactive notification of downtime
• 24x7 disaster recovery plans & centers
Availability & Reliability
• 99.5% uptime
• Comprehensive backup schedule
• Proactive notification of downtime
• 24x7 disaster recovery plans & centers
@ Cloudway 2016. All Rights Reserved
Corporate Office
Cloudway Consulting Pvt Ltd | Noida, India.D-83 | Sector -6 | Land-Line : 120-4226511 [email protected]
Cloudway Consulting Pvt Ltd | Mumbai, Maharashtra.Level 17, DLH Park, Ramlal Compound SV Road, Near Goregaon Flyover, Goregaon West. [email protected]
Branch Office
@ Cloudway 2016. All Rights Reserved
www.Cloudwayconsulting.com
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