Australasia's Premium Source-to-Contract Solution
Your end-to-end tool for streamlining and optimising your
Key technological features of Ready Contracts include:
eAlerts – so you never miss a deadline, delivery or decision point
Unique workflow process design – ensuring your new system matches your needs, not the needs of the system
Direct supplier inputs designed to build process integrity, compliance, probity and safer risk management – to offer less risk & strengthened compliance with real-time audit trail
Secure Enterprise Software as a Service architecture
Microsoft Gold Application Development Partner with over 6,000 hours testing before every release – assuring you of quality and consistency
Single data-entry input efficiency – improving consistency and saving time for everyone
Managing multi-party contracts and mulitple TIERS down your supply chain, not just a single prime contractor – to bring visibility and lower risk profiles
SRM database structure capable of capturing supply market intelligence, similar to sales teams’ CRM technologies – to build enhanced market awareness and speed strategic sourcing work
SaaS approach with modular pricing – meaning you only pay one simple annual fee to licence your system
In-house development team capability – meaning we can tailor the system to your exact needs at the outset or on an ongoing basis
All clients receive two additional modules, included within the system implementation:
The Reporting dashboard module offers real time KPIs and reporting in a state-of-the-art dashboard display.
The Documents database and repository allows for safe storage of all key documents for each supplier’s engagement (including the signed contract and check-out check-in drafting functionality). The text search facility allows a client to search the system for single words – inclusive of scanned documents as well.
The real benefits of proactive contract management
Business outsourcing is still on the increase.
Today, it is not unusual to find organisations spending fully 70% of their income with third party suppliers for goods and services to help them, in turn, deliver their core services to the users of their products and services.
So, most organisations are, literally, depending upon their suppliers more and more.
And, ultimately, the MORE we outsource, and the LESS we directly control, the greater the risk we bear. Because, in the end, you cannot outsource RISK.
Indeed, as the GFC reminded us so dramatically, RISK is the biggest issue in business. And so, today, organisations of all sizes are working hard to manage risk out of their business – especially on their supply side, as organisations strive to assure vital supply lines in a world growing ever more complex and volatile.
The modern challenge for strategic procurement
What makes this task so difficult, is trying to achieve so much MORE for our organisations at the same time as assuring vital supply lines:
- To simultaneously manage down total costs – and yet still do MORE for LESS
- To avoid protracted delivery delays – and quality problems and cost blow-outs on vital projects
- To ensure safe and secure supply lines – under good governance with robust process and strong risk management
- To build sustainable supply lines with higher provenance integrity to assuage stakeholders – that is, build confidence about WHERE things come from, and HOW they get to us?
Yet these benefits are largely gained AFTER the contract is signed – in managing contracts. Not just in the upstream STRATEGIC PROCUREMENT work we do before signing a contract. Increasingly, the key to hard benefits realisation for many organisations dependent upon their supply base will be hands-on proactive contract management.
Who needs proactive contract management?
There are three key strategic supply lines, in particular, which often need proactive and close post-contract hands-on management:
- Firstly, the supply of direct categories of goods to our organisation – which we use to directly support the products and services we in turn supply to our consumers. Without these things we just cannot deliver to our customers.
- Secondly, where we rely on critical service contracts to support our business over the longer term.
- Thirdly, where we have long lead time projects in place with key milestones and decision points especially construction or capital works projects for example.
''Staff roles have changed from data entry to verification, enabling them to spend their time and energy on more valuable tasks, turning administrators back into managers.''
Ballina Shire Council
Arcare Aged Care, a provider of high-quality aged care services, has signed a new partnership with Ready Contracts (powered by Open Windows) to implement its market-leading Source-to-Contract solution.Read More
The City of Salisbury has appointed ReadyTech to deliver an Enterprise Resource Planning (ERP) solution to digitally transform its organisation.Read More
Global gold mining company Evolution Mining is transforming procurement, going live with Open Windows (part of ReadyTech)’s modular procurement solution in just three months.Read More
Glenorchy City Council has signed a partnership with Open Office (part of ReadyTech) to implement its flagship Community Central ERP solution, which will underpin the delivery of its strategic plan and digital roadmap.Read More
ReadyTech (ASX:RDY) has announced the acquisition of cloud-based contract management and procurement software provider Open Windows, expanding its proposition for Local and State Government customers to include supporting them with their complex procurement lifecycles.Read More