>

>

Test Product

Digital Contract Management Platform and CLM

Contraxia a comprehensive integrated Digital Contract Management Solution to manage contracts, provides completed control and efficiency throughout the contract lifecycle.

Contraxia also manages multi-vendor relations, enable effective contract governance, align both internal organization and suppliers on track, provides proactive risk management, minimize value leakages, deliver business outcomes, capture value and build capabilities from vendor relationships.

The Challenges

Managing the 3rd Party Suppliers, IT Service Providers, Extended Partner’s, GCCs and CSPs are becoming very critical considering the emerging risks in today’s multi geography, multi sourcing, multivendor environments for the buyer organization.

Monitoring Supply base Risks is very critical from Operational, Strategic and regulatory aspects.

Opportunities and the Pressing needs for Digital CLM

CIOs depend on vendors to deliver a large portion of their service portfolio and play a pivotal role in improving corporate IT practices. With critical business processes now more tightly coupled with IT services and automation enablers, it becomes imperative for CIOs and the Procurement Organization to create a core competency for managing the vendors upon which they rely.

Removing manual and discrete processes and replacing them with consistent business and operation processes for Effective Decision Management & Reporting across Contract, Sourcing & Vendor Management Life Cycle (CLM, SVM & VMO).

Transform to deliver value

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

The Sourcing 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.

The Solution

Digital Transformation >> Digital CLM

Contraxia is a Digital Contract Management and CLM Platform for effective management of your contracts and to provides control and efficiency across the entire contract lifecycle.

Contraxia enhances your sourcing and vendor management organization (SVM) capability by delivering value, providing proactive risk mitigation on your supply base risks, effective management of global services portfolio and the underlying contracts across the contract life cycle (CLM).

The Benefits

Gain a competitive advantage through Contraxia

Benefits & Value Proposition

Contract Governance

Energica’ Contraxia Manage, track and report contract summary, revisions, contract changes, the underlying baseline deliverables, milestones and commercial management parameters, manage contract compliance and contract amendments.

Financial & Commercial Management (FCM)

Manage, track and report contract summary, revisions, contract changes, the underlying baseline deliverables, milestones and commercial management parameters, manage contract compliance and contract amendments.

Minimize Contract Risk

Provides the complete visibility into the terms and conditions (T&C) of all types of contracts .

Eliminate Value Leakage

Contraxia’ Obligation Management Module to keep track of your contractual obligations and customizable dashboards allow close tracking of important obligations, dates to minimize service disruptions, reports identify any deviations, issue-disputes arises out of your supplier

Value Realization

Obligation Management, Supplier Compliance Audits, Automated Contract Analytics effectively manage the contract risks of third-party relationships. (TPVRM)

Analytics & Dashboard Reporting

Automated Contract Performance Dashboards to show your contract milestone alerts and inefficiencies in your contracting process.

Product Sheet

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua.

Explore Energica’ Suite of Platform & Applications

for Strategic Sourcing and RFx Management

RFX Procure

RFx Procure to manage, track and report all RFx related initiatives with a centralized repository with seamless workflow capabilities .

Digital Supplier Governance and Reporting

Blue Square

A platform based digital supplier governance solution Delivers value driven governance with rich dashboards and reports; Captures value, proactive risk management and minimize value leakages ; Ensures the sustainability and advantage throughout the contract lifecycle beyond the sourcing deal

Digital Negotiation Intelligence Platform

The Negotiator

The Negotiator Platform allow both buyer and suppliers organization to have the methodical and disciplined negotiating process with the underlying contracts & data points (SLA, T&C, Performance Scores, Issue & Disputes, Contractual Obligations, Pricing Terms etc..).

Invoice Management and Reporting

APGrove T&E

Streamline your invoice approval process with AP Grove

Contract Compliance Audits (Supplier)

AUUDIT

Supplier Compliance Audits effectively manage the risks of third-party relationships

If you are looking for further information or would like to get in touch with us...

Who We Serve

Digital Contract Management Platform and CLM

Contraxia is a well-suited cloud based Digital CLM Solution platform with GRC and Contract Lifecycle Management (CLM) capabilities for

  • Buyer (Customer) Organization
  • Supplier (Service Providers)
  • Global Competency Centres
  • GCC Business advisory space.
  • Third Party Consultants in IT Sourcing (SVM) | Procurement | Contract Management | Supplier Governance advisory

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, contract management & supplier governance structures.

At Energica we recognize that Banks | Financial Institutions face complex, countless challenges and issues in eKYC, Transaction Monitoring and AML arena. We’re committed to helping our clients find new ideas to solve their most difficult challenges and create lasting value.

Industries & Insights

We offer clients the full range of services to support contract analytics, including comparing of contracts with centralized repository of schedules and clauses, provide contract analytics services with dashboard and reporting; our automated contract review platforms with contract analytics deliver actionable insight and reporting to clients.