What if you could eliminate chasing down people for signatures on a contract?
What if you could ensure that contracts get renewed or resolved BEFORE they expire?
What if you had proactive reminders to work on a contract renewal in time to do it right and eliminate the fire drills?
Sounds like a perfect world, but it can be your reality. You just have to say goodbye to PO25 and step up to Infor’s Contract Management application.
It helps the contract manager...manage the contracts. Sounds simple, right? That is the key -- having a solution that does the work for you. Stop struggling with documents stored in multiple places.
Contract Management allows you to create the contract and store the related attachments creating a “one-stop-shop” for any questions, comments, notes, or attachments – all in one place!
Let’s take a look at some of the benefits of using Infor’s Contract Management application:
Get ready to say goodbye to PO25 by starting some preparations now. Get the data cleaned up. The secret is getting, and keeping, the data clean. You can start by implementing best practices around separation of duties and secure access to data. Limit the people that can update the master data to control the accuracy. For example:
Security protocols are key. Who really needs access to maintain separation of duties? Think about who really needs access to what data. Then, get to work on the data cleanup:
Doing this work ahead of time allows you to hit the ground running when you start your project. And, it makes life a little easier now!
When you are ready to say goodbye to PO25, contact ROI Healthcare Solutions. Our team of experts can help you find success on your technology journey. For more information or to learn about how we can help transform your organization, please visit our website.
Make sure to check out the accompanying Couch Conversation on PO25 with Seth Remetch and Diana Van Blaricom. Watch a short preview below.
Written by Seth Remetch (Supply Chain Consultant)
Seth joined the ROI family in 2020 with a decade of frontline experience as a data governance analyst at a healthcare organization. His attention to detail and knowledge of contracting best practices brings life to transforming daily supply management processes for our customers.
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