Vendor Management Process Use Cases
Streamline AI can help you intake, manage, and get visibility into all of your vendor contracts without needing to comb through emails and Slacks. Streamline AI can work alongside a CLM or on its own to automate every step of the Vendor contracting flow.
- Are piecemeal vendor contracting requests from the business driving you crazy? Are you wasting precious time manually obtaining approvals, tracking security questionnaires and tracking down what you've already agreed to with vendors?
- Streamline AI will help you stay organized and automate approvals based on triggers, such as whether the Vendor will access your systems or PII
- Streamline allows cross-functional partners to view and collaborate on the request without you having to play the middle-person
- Set up approval flows so that you only touch a vendor contract once required approvals have been given
- Approvers can approve and see request details and attachments from email notifications
- Get visibility with audit trails so you can look back on contracts from years back and get a full understanding of what happened within minutes
- Our Smart Search functionality allows you to locate a vendor contract within seconds
- Streamline's reporting dashboard lets you see changes in contracting volume and how much departments are spending so you can allocate resources, plan training, and stay responsive to business needs
- Collaborating on a vendor agreement and giving visibility into key stakeholders into status, approvals, versions, and more, has never been easier