Scout RFP, a leader in the cloud-based strategic eSourcing solutions space, today announces the launch of its Summer '17 release. Scout Contracts, its new vendor contract management solution, allows the enterprise to collaboratively and comprehensively manage supplier contracts. In response to the immediate needs of its growing global user base, Scout has also expanded its language capabilities.
Scout Contracts provides a comprehensive, enterprise-wide view of supplier activities, overlapping agreements, and similar terms, all while collaborating across a simplified workflow that engages all necessary stakeholders in real-time. In addition to workflow management and supplier visibility, Contracts delivers custom milestone notifications that give stakeholders the ability to renew, source, or cancel a contract in real-time. It also allows sourcing teams to better manage supplier contracts, eliminate risks, and easily review all data across types, tasks, agreements, end dates, and terms.
This new module to Scout's sourcing platform provides a comprehensive solution for contract management. Its single repository of contracts and quickstart ability simplifies the entire process. Teams can see contracts in the context of the supplier's other contracts, ensuring that multiple departments aren't negotiating separately and reducing overlap. Scout Contracts also bridges the gap for easy contract auditing, housing all contract data in a centralized location with a clear and auditable
Company URL: https://scout-rfp.wistia.com/medias/eh0bollwlr