On Premises Contract Management

Vendor since: 2017 Vendor Products: 1

Description


The solution that enables sales managers to plan, trace and predict the associated expenses and margins arising from on-premise partnerships.

1.  Contract Initiation

  • Drafting contract proposals (new/renewals) and addendums
  • P&L calculation for each proposal, based on sales forecast
  • Generates recommended CDA/incentive per proposal based on P&L
  • Submit proposal for approval     

2. Contract approval

  •  Multiple flows of approval on CDA value thresholds, region and total target of the proposal
  • Summary report sent by email
  • Email notifications and reminders for proposal waiting for approvals

3. Contract execution

 

  •  Sales upload from external source per contracts and installments
  • Computation of sales projection up to the contract end date on history, seasonality and growth factors
  • Match the actual/projected sales vs contractual conditions (target)

4. Payment proposal & validation
 

  • Payment proposal calculation for current month
  • Generates provisioned spending per contract based on projections
  • Credit and Planning departments approval upon payment proposals
  • Proposals sent to treasury

 5. Forecast calculation 

  • Calculates forecasted spending (CDAs) per contract for Year to Go interval
  • Generates renewal scenarios for active contracts
  • Computation for up to 72 months in advance

Business Value

  • Fully integrated system
  • Improved access to data
  • Process simplification
  • Integrated flows of approvals
  • Historical data view
  • Improved efficiency
  • Customer P&L visibility
  • Proposal summary view
  • Reports based on matrix permissions
  • Forecast planning
  • Governance and control
  • Reduced administrative effort

 

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