The mechanics of the procurement contracting process are cumbersome and manually intensive; often resulting in delays or even lost/non-executed paperwork. This can mean delays, cost increases, or loss of available supply.
Goals and Objectives
Automating the contracting process means far less likelihood of administrative delays or ‘dropping the ball’ and a more predictable and reliable process.
Enterprise Hardware, Personal devices, Cloud, Big data/analytics, Mobile, Applications, Connectivity Services, Cognitive, Blockchain
Use Case Summary
Automation of the full contract authoring to negotiation to signature process means a more consistent and reliable process of executing contracts. This would also include certificate of insurance/compliance. It would automate the collection of information, in real time, and even enable auto-contracting in authorized instances. Cost and speed are enhanced.