PROCUREMENT > CONTRACTING
Track Contracts & Monitor Supplier Performance with Public Procurement’s Leading Procurement Contract Management Software.
Effective contract management starts with a solution that can aid you in managing contracts, conducting performance monitoring, and integrating contract management directly into your existing procurement process. Stay on top of your active procurement contracts and build strong supplier relationships with a proactive contract management tool for your procurement team — that integrates into your financial and purchasing systems and processes.
KEY CHALLENGES
Solving Some of Your Greatest Contract Management Issues...
How It WORKS
Adopt a More Proactive Approach to Contract Management in Procurement
Increase Visibility
Allow any of your internal or external stakeholders to have visibility into the agreements and milestones they need to access.
Reduce Risk
Get instant alerts on supplier performance flags to proactively oversee supplier relationships, and manage all insurance certificates from one consolidated view.
Centralize Information
With a centralized, searchable platform for contract data, you can quickly see what needs immediate attention and understand what options are most strategic for your organization.
Euna Contracting
From getting your contract signed to assessing the suppliers performance during the contract, Euna Contracting—our purpose-built procurement contract management tool for the public sector—allows you to better manage your active agreements.
Generate Contracts With Ease
Ensure consistency in recurring contracts with contract templates. Contract creation is fast and easy with relevant information from the awarded sourcing project automatically carrying over.
- Collect signatures electronically.
- Store relevant documents in one centralized location.
- Track and monitor both contracts and insurance certificates in a single location.
Understand Upcoming Milestones, Tasks, and Contract Options
View upcoming dates in a visually friendly manner to quickly identify the status of supplier contracts or insurance certificates.
- Identify key dates at a high-level to stay on top of your deadlines.
- View contract progress and performance at a glance to maintain oversight.
- Receive reminders of important upcoming dates to ensure nothing is missed.
- Manage all insurance certificates within Euna Procurement’s consolidated view.
Monitor Supplier Performance & Stakeholder Satisfaction
Gain clear and unbiased visibility into how satisfied stakeholders are with the supplier performance and give yourself plenty of lead-time to go back to market when suppliers miss the mark.
- Create surveys for stakeholders to weigh in on suppliers performance.
- View and export supplier performance results, and get at-a-glance insight with supplier performance scores in the contract record.
- Anticipate contract renewals or decide to go back to market with clear supplier performance metrics.
See Euna Procurement in Action.
centralize
Create a Single Source of Truth
Establish a single source of truth that every stakeholder can rely on—designed to make collaboration simple and ensure you’re on top of every detail of your agreements.
- View, filter, and export contract information—such as vendor documentation, insurance certificates, supplier performance, key contract details, and contract documentation.
- Ensure consistency in recurring contracts with contract templates.
collaborate
Control Who Has Access & Visibility
Allow any of your internal or external stakeholders to have visibility into the agreements and milestones they need to access.
- Set auto-reminders to ensure that key milestones are never missed.
- Allow stakeholders to view documents with view-only controls to maintain document integrity.
MODULES
The Full-Cycle Euna Procurement Suite purpose-built for public sector
From finding, vetting, and establishing contracts with suppliers to purchasing and reconciling invoices off those contracts—and everything in-between, Euna Procurement provides the readiness, compliance, and transparency that public procurement teams need to increase operational efficiency in their procurement processes.
Euna Sourcing is your one-stop shop for all solicitations—whether they’re simple price-only bids or complicated, multi-faceted RFPs.
Euna Contracting enables you to stay on top of your active agreements, better manage suppliers, and proactively assess supplier performance and stakeholder satisfaction.
Ensure cost savings and compliant spend by providing staff with a centralized shopping marketplace filled with approved suppliers and pre-negotiated pricing.
Streamline the receiving, transcription, and reconciliation of invoices, making the entire purchasing process more efficient and secure.
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Frequently Asked Questions
What makes Euna Procurement's tools unique?
Equipped with decades of experience in public procurement, Euna Procurement developed a full suite of tools, built to enhance every facet of your procurement strategy. Whether your procurement department is focused on overcoming supply chain issues, achieving cost savings, bolstering supplier relationship management, or anything in-between, we fully support your end-to-end process—providing you the efficiency, compliance, and transparency you need.
What is Euna Procurement's Contracting module?
Euna Procurement’s Contracting Module is a comprehensive solution designed to simplify and optimize your contract management process. From the moment a contract is signed to the day it is set to renew or expire, this module empowers procurement professionals with the tools needed to manage supplier agreements, ensure compliance, and foster positive relationships with vendors.
Why is proactive management important in contract management?
Proactive management ensures potential issues are addressed before they escalate, enabling smoother contract execution and building stronger supplier relationships. By using advanced tools like those in Euna’s Contracting module, procurement professionals can focus on fostering improved supplier performance and achieving strategic goals.
How does the Contracting module help with risk management?
The Contracting module provides robust features for proactive management, allowing you to identify and mitigate risks throughout the contract management process. Notifications and reminders prevent contracts from slipping through the cracks, and integrated approvals keep everyone on the same page. By ensuring compliance and tracking key performance indicators, organizations can effectively reduce uncertainty and safeguard operations.
Can this tool provide greater insight into supplier performance?
Absolutely. By enabling improved supplier performance tracking, you have greater visibility into how internal staff perceive suppliers’ existing performance, allowing you to make more informed decisions about underperforming suppliers.
How does the Contracting module streamline the contract management process?
Euna simplifies the entire contracting process with centralized storage, automated workflows, and intuitive tracking tools. From collecting signatures to monitoring ongoing contracts, our solution is designed to save time and effort while improving accuracy and transparency.