Cequence for Procurement
Use our systematic rule-based workflow of your contract cycle for faster progression for all parties involved.
Build contract templates from smart clauses and update all templates by one click via our MS Word Online integration.
All deviations to standard template will be automatically routed for approvals based on your contract approval matrix.
Cequence OCR enables you to full text search any keywords including hierarchy of all contracts with your supplier.
With Cequence, you can track the performance of your supplier against the agreed SLAs, KPIs and business terms.
You can collaborate with your supplier directly in the system or use co-authoring functionality of MS Word Online.
Customizable notifications will help you avoid penalties and take advantage of potential rebates or incentives.
Cequence uses advanced analytics to automate data extraction that can locate hidden opportunities.
With the Cequence solution you will ensure suppliers perform to agreed upon terms and conditions.
Easily track all actions, approvals, deviations from standard templates, versioning and negotiations in your contracts.
Use our AI-powered analytics to understand if your contracts with suppliers are compliant with latest regulations.
Our advanced analytics enables you to locate red flags incosistent with your policies across your supplier base.
Category or sourcing managers can easily manage supplier relationships, track saving projects and accelerate procurement process while staying on top of contractual deliverables.
Your contract managers will receive an easy to use tool for automated contract authoring, rule based approvals and execution, and easy full text search in contract repository.
Procurement leadership will have instant access to overall performance against KPIs and understand what are the bottlenecks to drive informed business decisions.
Legal team can maintain and update templates via centralized clause library, easily track any deviations to standard terms for effective negotiation and utilize Cequence to mitigate risk.
Finance controller will get instant overview of all deals, their pricing details, calculate margins, rebates, evaluate pricing strategy and create forecasts, all thanks to Cequence reporting and analytics.
Business, tax, audit,, M&A and others will benefit from instant visibility on the contract status, intuitive environment with easy approvals management and full audit trail of all activities.
Our tool is accessible by third parties, who only get access to the information necessary to complete their part in the process. This way you can collaborate with suppliers directly in the system.
Cequence is helping our company to decrease operational expenses and turnaround time, while increasing the compliance, resource allocation and effectiveness of our contract management.
Join the portfolio of our satisfied customers from large enterprises to medium businesses and learn how to improve your business today.
50,000 + people use Cequence to manage their contracts
