The more you buy, the more paperwork you generate. It’s a fact of life for procurement professionals—whether you work for a government agency or a private enterprise.
You need the right RFI, RFP, RFQ, RFT, contract or agreement—and you need to make sure it contains the right clauses and schedules to manage your organization’s risk. When cut-and-paste is your only updating option, standard Word documents can be error-prone, leading to costly and potentially disastrous mistakes.
Miss a closing date, delete the wrong clause or forget to change a name and the entire process can go off the rails. So, for full compliance, you must carefully check every contract and then check it again - creating time and cost inefficiencies that can cripple your department.
The procurement process shouldn’t be complicated or inefficient.
With Exari CLM, you can create compliant tender documents in minutes using a simple, Web-based interview that comprehensively captures every one of your key risks and issues.
For routine transactions, a pre-approved, self-service option is available for creating tenders and contracts. When it comes to high-value transactions, your procurement team can take hours off the amount of time it takes to prepare a quality first draft.
Documents can be delivered in different formats for different users. Read-only PDF lowers the risk of last minute changes, while DOCX/ RTF lets you finish drafting in your preferred word processor. Exari also lets you generate contracts in your preferred XML format, making it easy to share key dates, milestones and other data with contract management and other enterprise systems. Meanwhile, integrated eSignature capabilities make executing your contracts easier than ever.
Exari helps procurement departments reduce risk, lower costs, improve consistency and increase compliance - giving you more time to focus on negotiating the best possible deals.