
TRAC Governance platform
Revolutionary cloud solution to streamline and empower sourcing governance efforts.
TRAC is our innovative cloud-based contract and supplier management platform that allows you to have full visibility and control of your sourced services and supplier relationships. It supports all critical governance processes and offers a ‘single source of truth’ for both the client and the service provider. It radically simplifies day-to-day governance efforts and structurally improves the productivity of client-supplier cooperation, making it a highly cost effective solution.The result is a faster, more efficient, more consistent, more compliant sourcing governance. Everyone wins.
Moving to our cloud solution doesn’t mean you can’t have it your way or that you limit your ability to address future business needs. Every TRAC implementation can be configured to specific customer needs without the need for up-front long term commitments. The ongoing use of TRAC is based on an affordable monthly subscription fee.
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Advisory Services
Best governance starts with a solid foundation
A strong contract and an effective governance function are fundamental to the success of sourcing after the contract is signed. The contract doesn’t only have to be legally solid or well structured from a procurement point of view also the governance function isn’t just about job descriptions and organizational structures.
A good contract has to be actionable and manageable. If obligations are not turned into assigned actions they will not be done, and if the contract doesn’t have a set of balanced levers to pull, it’s not possible to effectively control and steer the engagement.
We help organizations to shape manageable contracts and operationalize them into meaningfull actions that the governance team can follow up on. It will provide you with a strong basis for the management of sourced services and supplier relationships to drive value from your sourcing initiatives.
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Managed Governance
We do the administration while you drive value
Managed Governance Services takes the burden of non-core governance work off your plate and enables you to spend your time on critical activities and strategic decision-making, versus time-consuming data crunching.
We take full responsibility for the bulk of the day-to-day routine, analytical and advisory work, while you stay in full control of your sourcing contracts and focus on key functions such as business alignment, decision-making, approval authority, and relationship management. The service provides you with all the necessary inputs to effectively manage sourced services and supplier relationships.
Managed Governance provides many advantages in terms of knowledge, agility, automation and the potential to realize significant cost savings. The service is offered on the basis of a flexible monthly subscription.
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