Supplier Governance Services

Supplier Governance Services

Our Supplier Governance Services Practice offers a comprehensive strategy, a platform based digital governance approach and governance services

Sourcing Management & Value Leakages

Managing the Contract Performance, Sourcing Governance and Vendor Management are the core area of focus in order to achieve the cost savings,minimizing the business risk, value realization and business objectives. This is an area with greater degree of disappointment and unmet expectations and even 40-70% of the original business for outsourcing can be lost(Source: ISG)

Sourcing Governance is the key to successful Outsourcing. CIO’s will need to link governance to accountability systems, establish a comprehensive governance structures (CLM | SVM | VMO) to manage the relationship between retained organization and the supplier relationships.

The governance (CMO | SVM | VMO) organization will need to be redefined/enhanced as it evolve from the current model to an intelligent, automated & control oriented  organization with governance assets and operational controls across the vendor and sourcing landscape.

Delivering value | Proactive Risk mitigation| Effective management of global services portfolio

Supplier Governance Services

With our extensive experience on both buy side and service side, we help our clients (buyer organization) to quickly form the appropriate strategy or advice or solutions to drive major improvements or expected outcomes in IT Sourcing,Sourcing Management and Governance, Supplier Relationship Management practice areas through our Supplier Governance Services and our Supplier Governance Solution Suite (ACTIVAS G+).

Energica  Supplier Governance Services is a score  service offering that provides buyer organizations with ongoing outsourcing management and value creation for their extended supplier relationships.

Our Supplier Governance Services Practice offers a comprehensive strategy, a platform based digital governance approach and governance services
  • Build/Enhance vendor management & governance capabilities into Customer Organizations
  • Captures value, proactive risk management and minimize value leakages
  • Provides a Sustainable Cost Savings
  • Ensures the sustainability and advantage throughout the contract lifecycle beyond the sourcing deal
  • A cloud based platform offers – Supplier governance solution (ACTIVAS G+)
  • Delivers value driven governance with rich dashboards and reports

Sourcing Management

A client might approach us for assistance in the Sourcing and Vendor Management (SVM) Value Chain covers the core functional areas as depicted below:
  •  IT Sourcing
  • Sourcing Management & Governance
  • Supplier Relationship Management
  • Enterprise Change Management (M&A, Vendor Consolidation, Portfolio Rationalization and Other Strategic Initiatives)

 

Delivering value | Proactive Risk mitigation| Effective management of global services portfolio

Supplier Governance

Energica’s structured approach, address all the operational, relationship and governance issues efficiently across Contract & Sourcing Life-cycle. 

Energica offers services in the following arena (but not limited to:

  • RFx Management
  • Vendor Evaluation
  • Contract Management
  • Contract Compliance Audits
  • Supplier Risk Assessment
  • Supplier Governance
  • Vendor Consolidation
  • Negotiation
  • ACTIVAS G+ Solution Implementation
  • Back Office Procurement Support (VMO)

Governance, Risk & Compliance:  Vulnerability

  • Effective sourcing governance – based on the right approaches for individual organizations
  • Managing the 3rd Party Suppliers, IT Service Providers, Extended Partner’s, GICs and CSPs is becoming very critical considering the emerging risks in today’s multi geography, multi sourcing, multivendor environments for the buyer organization.
  • Monitoring Supply base Risks are very critical from Operational and Strategic aspects

Delivering Value | Proactive Risk mitigation &

Effective Management of global services portfolio

With our extensive experience on both buy side and service side, we help our clients (buyer organization) to quickly form the appropriate strategy or advice or solutions to drive major improvements or expected outcomes.

 

Our Portfolio of services revolving around IT Sourcing, Sourcing Management and Governance, Supplier Relationship Management practice areas. Some out Solution accelerators are :

  • ACTIVAS RFx
  • ACTIVAS G+
  • Value Management Reporting
  • Spend Radar
  • Governance Maturity Model Assessment
  • Vendor Risk Management (VRM)
  • Negotiation Intelligence
  • AP Invoice Management

Strategic IT Vendor Management

Strategic  IT  Vendor Management

  • Strategic IT  Vendor Management
  • Governance Maturity Assessment /Gap Analysis
  • VMO Strategy Establishment
  • Design & Develop VMO Operational Processes
  • Vendor Account Management Strategy
  • Vendor Evaluation
  • Vendor Consolidation Roadmap

 

Contract Governance | Compliance | Risk & Performance

> Contractual Obligations
> Compliance (policy non compliance)
> Performance measures
> Contract Governance
> Contract Deliverables
> Contract Milestones
> Contract Interpretations & Issues
> Escalated Issues & Disputes
> Risk management
> Commercial Contracts Management
> Track and Report Resolution of issue and risks

Who We Serve

ACTIVAS G+ is a well-suited cloud based solution platform with GRC and Contract Management (CLM) capabilities for

  • Buyer (Customer)
  • Supplier (Service Provider)
  • Third Party Consultants in IT Sourcing (SVM) | Procurement | Supplier Governance advisory
  • GIC &GCC Business Advisory space.

The increase in numbers of strategic vendors | suppliers | partners and the trend towards multiple smaller deals and new technologies around RPA and Cognitive Automation arena underline the need for efficient sourcing & supplier governance structures

Digital Transformation

Energica’ ACTIVAS G+ Digital Supplier Governance solution comprises the following core functional components (CLM (D&O), VM &, GRC)

  • Contract Management (CLM Life-cycle )
  • Obligation Governor | Contractual Obligation Management (CCM)
  • Compliance Auditor | Vendor Contract Compliance Audits  (VCCA)
  • Spend Radar | IT Spend Visibility Management and Reporting (SMR)
  • Value Tracker | Value Management and Reporting  (VMR)
  • Surveyor | Client Satisfaction Management  (CSAT)
  • Contract Analyzer | Contract Evaluation and Analysis (CEA) 

Benefits & Value Delivery

Energica’ ACTIVAS G+ Multi Sourcing multi supplier governance solution provides digital contract management capabilities

  • Capability Driven Governance across Contract Management (CLM), SVM & VMO value chain
  • Enhanced Supplier Relationship & Alignment
  • Service Provider to Strategic Partner
  • Business Outcomes & Value Realization
  • Traceability Matrix & Exemption Analysis (CLM, D&O)
  • Compliance & Risk Management Dashboard Reports (GRC)
  • Value Driven Governance Transformation
  • Integrated Workflow
  • Insights & Analytics
  • Role Based Access to Contracts , Financials & other critical Key process areas
  • Flexible Document Management & Change Management (CCMB)
  • Feed Back Loop & Continual Improvements

ACTIVAS G+ Digital Supplier Governance & Contract Management Platform

Functional Components & Key Features:

caret-down caret-up caret-left caret-right

Digital Contract Management & CLM

Contract Compliance Audit

Spend Visibility & Analytics

Contractual Obligation Management

Value Management Reporting

Supplier CSAT for Category Leads

Digital Supplier Governance

Negotiation Intelligence

Analytics | Workflow | Document Management

Ramesh Somasundaram

Global Head, Supplier Governance & Transformation Advisory

For ACTIVAS G+ Product Demo

Please Call Ramesh @ 91.99620.55678  ramesh@energica.io