Better manage vendor costs while reducing risk
SpendConnect is a tech-enabled service that consolidates vendor data into a proprietary reporting and document management platform. SpendConnect helps legal organizations manage the lifecycle of their vendor relationships while providing access to all relevant relationship information.
Modules include:
- Contract Management
- Spend Analytics
- Vendor Risk & Onboarding
- Supplier Diversity
- Purchasing
- Research & Information Systems
- Sustainability
Tracking of costs, contracts, and compliance
- Manage vendor contract renewals and leverage our team of legal technology experts to tag and extract key metadata.
- Streamline the workflow and due diligence required to vet new vendors, monitor risk, and showcase compliance.
- Leverage dynamic BI dashboards that aggregate data across any source (AP, GL, T+E, etc.).
- Automate alerts and push reporting with distribution of your vendor spend and performance to budgets and GL’s.
- Map vendor spend to EPA standards to better understand your carbon footprint.
- Map entity information (parent companies) and procurement-focused categorization of all your vendor spend.
- Report on supplier diversity using 300 databases of diversity registration.
