Supplier Contract Lifecycle Simplified

Ketera Network's OnDemand contract management solution allows you to create contracts and store them in a single electronic repository to manage all aspects of the contract lifecycle. It enables you to achieve compliance and reporting on all contract management activities, improve visibility of all contracting and related activities and streamline the procurement contract management processes. With increased visibility into supplier contracts, you can increase supplier performance and contract compliance, while increasing the efficiency and effectiveness of your contracts department.

Key benefits that Ketera Contract Management delivers include:

Manage and store all contracts in a centralized location, easily accessible over the internet
Gain better visibility into critical details of any contract and use that information to improve contract compliance
Streamline contract compliance audits with comprehensive account histories

Key capabilities include:

The Ketera Network incorporates a proven contracts management solution at a significantly lower cost of ownership than other options.

Contracts Repository: Searchable central repository to store all contracts electronically, with role based access
Template Library: Access hundreds of preloaded contracts and clause templates that stretch across many industries and functions
Clause Library: Allow provisions for pre-approved clause library containing standard terms and conditions to ensure uniformity in the contract terms over various agreements and various suppliers
Blanket & Master Contracts: Support for cloning contracts and templates; providing sub-contracts under a Blanket/Master contract to ensure correlation and agreement.
Version Control: Comprehensive baseline and versioning capabilities, including comparison
Collaboration & Workflow: Support for Collaborative authoring, check-out/check-in, approval workflow and alerts
Tracking: Milestone management and tracking

Contract Management Case Study

Next Steps

“ We selected the Ketera eRFX tool because it is quick to implement, cost effective and drives efficiencies into the sourcing process. Its portal design streamlines the communication, document traffic and analysis associated with conducting our RFPs. The entire Ketera package has allowed us to run more events with fewer resources, leading to increased procurement efficiencies. ” Michael Feeney Vice President, Corporate Procurement for U.S. Bank

“ We recognized an opportunity to enhance our purchasing process with state–of–the–art technology – without the up–front investment and ongoing resource commitment associated with the implementation of enterprise software. ” Mitch Plaat VP Contract Services for Con-way

“ Ketera′s on demand solution is ahead of the competition – we will be able to implement the solution in weeks and we never have to worry about taking the system down to install upgrades or make changes. ” Steve Kenny Vice President Risk Management and General Services for Columbia Credit Union

“ From the beginning, Ketera explained everything to us, both from the technical and sales side. They′ve accommodated our needs and have been very helpful and responsive. ” Michael Kapeles Senior Supply Manager for Cabot Microelectronics

“ Not only does Ketera provide innovative solutions for spend management, they also offer high quality professional services that let you get the most from their solutions. Working with Ketera is like a breath of fresh air. ” Nick Walker Procurement Manager for BTP

“ Ketera's new solution is really an amazing innovation that will revolutionize the purchasing industry. ” Dian Trosclair VP of Supply Chain Management for ServiceMaster

“ Using Ketera, we've lowered our costs and improved our compliance with negotiated corporate contracts. By buying on contract, we typically see a ten percent reduction in cost. ” Jim Cebula Director of Global Purchasing for Kennametal