CLOUDWAY–ARIBA-Contract Management Capabilities by cloudseoexpert

CLOUDWAY â&#x20AC;&#x201C;ARIBA-Contract Management Capabilities

About Us Cloudway is a recognized leader in Advisory Sourcing, CRM Consulting, HRM Solutions & ERP Consulting Services which help clients to develop the methods and means to gain sustainable, continually improving results, in collaboration with suppliers and internal stakeholders. With one of the largest, most accomplished Advisory Consulting teams in all over India, CLOUDWAY helps enterprise procurement groups at several Fortune 500 companies rapidly achieve more efficient, more effective operations, with greater reach, improved performance and increased impact.

• Risk & opportunity Assessment

• Cash & Capital management

• Procurement Transformation

• Business Process Redesign

• Strategic Sourcing

• Customer Strategy & Marketing

• Low Cost Country Sourcing

• Capability Sourcing

• Market Intelligence

• Product & Category Management

• Supply Chain Consulting

• Sustained cost transformation

Executive Summary Why Cloudway › › › ›

CLOUDWAY Consulting has long-standing expertise in large-scale private sector cost reduction services , helping our clients get the best deal from bought-in goods and services.

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Leveraging People, Processes & Technology to enhance competitiveness.

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Flexibility delivery models to deliver fixed-price, fixed-time solutions.

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We are focused on Advisory Consulting, CRM Solutions, HRM Solutions & ERP Consulting. Our consultants develop and implement solutions that tightly fit our clients’ needs. Expertise in Procurement Sourcing, Process Auditing, Supply Chain Optimization , Business Integration & Deployment. Innovative solutions & strategic partnerships with leading technology partners.

Focusing on IT enabled Business Transformation solutions for maximizing client’s ROI.

Mission & Vision Cloudway mission since its inception in 2010, is to be viewed as a true consulting partner to our customers. Our mission is to act as an extension to the corporate IT groups, to aid in the successful IT transformation & technology initiatives. Cloudway’s vision is to continuously improve in our skills, in our specialized areas of expertise, & embrace our clients to accelerate the IT transformation & successful implementations of projects we engage. It is this trusted advisor role that will allow us to act as a true partner throughout these initiatives. @ Cloudway 2016. All Rights Reserved

CPOs Need Help to Navigate a Changing Environment Competing Pressures on Procurement Organizations

Economic Volatility • Volatility in markets • Decreased stock valuation • Slow economic growth

Focus on Risk • Supply chain disruption • Financial risk and fraud • Commodity risk

Regulatory Charges • Increasing disclosure requirements • Country-specific regulations • Industry-specific disclosures

Increased Globalization • Expansion into new markets • Global process standardization • International supply chains

Pressure on Margins • Profitability by segments • Decreased budgets and spending • Determination of the cost to serve

New Business Models • Shared services organizations • Business partnerships • Leveraging big data for decisions

Contract lifecycle management Risk management, visibility, and compliance concerns are paramount`

66% 44%

Contract lifecycle

Establish better control of enterprise spend Top 5 reasons cited Poor visibility of contractual relationships

management technology provides an opportunity for procurement organizations to take contract maintenance out of the hands of legal counsel while allowing

40%

Pressure to reduce supply and supplier risk

them to focus on increasing efficiency and driving cost savings.

Need to improve compliance

37%

Ineffective Contract Lifecycle Management Results in Increased Compliance Risks

Draft Contract

Negotiate Contract

Creation

• Inconsistent and email-intensive processes • Long Negotiations approval cycle times • Lack of tight controls ( e.g. for non standard contracts /language) • Legal Risk

Approval /Signatures

Storage Repository

Visibility

• Organizationally dispersed contracts

Manage Compliance

Admin/ Optimize

Performance Management

• Redundant contracts

• Poor contract compliance ( PO, Invoice, SLAs )

• No visibility into commitments (financial, legal)

• Poor renewals management

• Inability to track regulatory compliance or understand contract history

• Lack of performance information hinders resourcing or resale efforts .

These are the Challenges We Hear From Our Customers • Weak Contract Management. Poor contract compliance, belated renewals management, and lack of performance information • Ineffective Contract Creation. Lack of tight contract authoring controls, creating legal risk • Poor Contract Visibility. Dispersed and redundant contracts and the inability to track regulatory compliance or understand contract history • Disconnected Negotiation Processes. Inconsistent and e-mailintensive processes, long negotiation and approval cycle times, and risk of not including the correct stakeholders • Slow Time-to-Value. Poor user adoption, lengthy deployment, and limited process and data integration @ Cloudway 2016. All Rights Reserved

Ariba Contract Management Supports the entire contract lifecycle

Negotiate Draft contract

contract

Storage and

Approval and signatures

Admin and Manage compliance

repository

optimize

Contract creation Contract visibility and repository

•

Automates the contract creation cycle, from draft to reviews and approvals • Contract authoring tools, including clause libraries and conditional templates • Creates a contract repository with accesscontrolled search and reporting • Audit trail for internal and external and regulatory requirements

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Deep, bidirectional integration within the source-to-

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Expiry notification for improved renewal management Centralized electronic task-driven notification alerts Rapid time to value with on-demand deployment Microsoft Word integration Integration to leading eSignature providers – DocuSign and Adobe EchoSign

Contract and execution andcontract compliance Contract execution compliance process

• • • •

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Delivering Optimized Contract Lifecycle Management •

Improved Contract Management. Improved contract compliance, timely renewals management, and visibility to performance information

• •

•

Effective Contract Creation. Tighter controls and minimized legal risk Full Contract Visibility Single repository for contracts, elimination of redundant contracts, visibility into commitments, and the ability to track regulatory compliance and understand contract history Effective Contract Creation. Single repository for contracts, elimination of redundant contracts, visibility into commitments, and the ability to track regulatory compliance and understand contract history

•

Streamlined Negotiation Processes Streamlined and controlled processes, abbreviated negotiation and approval cycles, and inclusion of the right stakeholders

Third Parties Agree: Ariba is THE Single Best-in-Class SaaS Solution for ALL Contract Types and Agreements More than four million contracts every day…

Publication Date: June 2013

Gartner MAGIC QUADRANT

 At Ariba, we help our customers manage more than four million contracts every day with than 500 total customers • Extensive experience and customer reach across both procurement as well as sales contracts Consistent Leader in CLM according to… • •

Gartner Magic Quadrant, June 2013 Forrester Research, SVM Toolset, Q1 2013

Forrester WaveTMQ1 '13

Benefits of On Demand deployment … • • • •

Y1 TCO 5X-10X less than installed software 50% faster implementation cycles 25% more spend under management 2X-4X more innovation releases

Electronic signatures Value Proposition Faster Contract Completion, Reduced Costs, Improved Controls

 Contracts completed in 1-2 days vs. 2-3 weeks  80% reduction in paper and supplies  Detailed audit information and compliance copies  of every signed document

The Market-Leading SaaS Solution to Better Manage Contracts & Commitments Why Ariba Contract Management?

Key Imperative • End-End Contract Management

Most widely adopted contract management provider with over 450 total customers. • Manage the entire contract lifecycle for all agreements on an integrated SaaS, spend management / sales acceleration platform. • Ranked as a leader by numerous independent analysts. •

Improve Contract Management Efficiency

• •

Manage Commitments More Effectively Driving ROI

Flexible approach with configurable workflows in the contract management lifecycle incorporating all relevant activity and information Process standardization tools driven by best practice templates to remove bottlenecks and improve overall contracting efficiency Tightly integrated electronic signatures capabilities making contract execution more transparent, faster, and more secure

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Configurable dashboards with robust search, reporting, and task driven alerts providing audit trails for operational and regulatory compliance for best value agreements • Enhance ability to manage cash through improved visibility and forecasting • Plug in to the Ariba Network to improve contracting efficiency and effectiveness while assuring your return on investment @ Cloudway 2016. All Rights Reserved

SaaS Data Security With Ariba, Your Sensitive Contract Data Is Secure Physical Security • •

Limited Ariba access Biometric access control

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Access control entries on load balancers Password encryption with expiration

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Proactive notification of downtime 24x7 disaster recovery plans & centers

24x7 guarded servers Physical Security Surveillance cameras Motion detectors

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Physical Security •

Three layers of firewall protection

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HTTPS – 128 bit encryption

Availability & Reliability •

99.5% uptime

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Comprehensive backup schedule Availability & Reliability •

99.5% uptime

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Comprehensive backup schedule

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Corporate Office

Branch Office

Cloudway Consulting Pvt Ltd | Noida, India. D-83 | Sector -6 | Land-Line : 120-4226511 Info@cloudwayconsulting.com

Cloudway Consulting Pvt Ltd | Mumbai, Maharashtra. Level 17, DLH Park, Ramlal Compound SV Road, Near Goregaon Flyover, Goregaon West. Info@cloudwayconsulting.com

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