Contracts & contract compliance
Maximize savings by tying contracts to purchasing in real-time.
With SpendBridge Contracts, capture key contract details and contract documents in one centralized system while managing team member access. Users can store and retrieve contract documents including certificates and attachments, involve other users, set milestones and reminders to optimize the contract lifecycle. Real-time checks of purchase orders and invoices are made against contracts to verify accuracy of pricing before an invoice is paid.
With SpendBridge Contracts you will:
Capture all contract details and documents in one centralized system with role-based access control
Receive automated notifications for time-sensitive tasks like contract renewals and spend obligations
Proactively manage contracts for maximum negotiated value
Automatically check vendor purchase order prices against contract before purchase
Tie non-PO invoices to contracts to track all contract related spend
Route contracts and supporting documents through workflow approval
Increase contract spend visibility including measuring on vs off contract spend and many other KPI’s