In this conversation, Daniel Barnes and Bradley Dollin discuss the challenges and solutions in unified contract and supplier management. They examine the importance of risk-first onboarding, the benefits of centralised visibility in supplier management, and the value of streamlined SLA workflows. The discussion also highlights the role of managed services in strengthening procurement processes, alongside the cultural shifts within organisations towards more effective supplier management practices.

Takeaways

• Unified contract management reduces risk and spend.

• Risk-first onboarding gives foresight in supplier management.

• Centralised visibility streamlines supplier risk assessments.

• Time savings free teams to focus on strategic work.

• SLA workflows improve supplier performance tracking.

• Managed services support the delivery of procurement initiatives.

• Cultural shifts enhance perceptions of procurement teams.

• User-friendly systems increase stakeholder engagement.

• Guided procurement fosters stronger supplier relationships.

• Data-driven decisions enable proactive supplier management.