SlideShare a Scribd company logo
1 of 13
A SCOUT DEEP DIVE
#scoutspark
Cutting Through the
Chaos with Scout
Contracts
STEPHEN MACKO
Customer Success Manager
Scout RFP
SANDY TEDT
Senior Product Manager
Scout RFP
#scoutspark
Agenda
Introduction1
Contract Chaos2
Scout Contracts Workflow
3 Key Benefits of Scout Contracts
4 Product Demo and Use Cases
5
Q & A6
#scoutspark
A Brief History of Scout Contracts
What we heard from customers…
“I’d love to stay ahead of 90/60/30 day renewals,
but right now contracts are like a black hole.”
“It’s an ongoing frustration to answer simple
questions about contract signatures. I can’t even
confirm the contract exists in the first place.”
“Our team is solely focused on savings, and
contract chaos results in a big missed opportunity,
in the form of leaky spend.”
“We spend 80% of our time looking for contracts
and tracking down approvals, rather than actually
negotiating them.”
#scoutspark
Source to Contract Ongoing Contract Management
• What happens once I’ve selected my
supplier from a sourcing event?
• How do my internal stakeholders know
where a contract is in the approval
process?
• What if there is a question or issue that
comes up during the approval process?
• How do I know if my supplier is following
through on what was agreed upon in the
contract?
• How does this contract tie in with other
agreements in place with this supplier?
• What is the duration of this contract?
• When do I need to decide if I’m going to
renew or terminate this contract?
Contract Chaos
#scoutspark
Simple, Flexible Contract Management
Effective Obligation Management
From team members to stakeholders, give everyone in the
their requests are in queue, next steps, and who’s responsible.
Full Visibility for the Business
With simple, persistent communication and collaboration tools,
same page and knows who owns the next step.
Align with Performance Management
Go straight from sourcing, through contracts, and into a streamline
management process, all in the context of Scout. Never miss a
PIPELINE & SAVING
TRACKING
SOURCING &
AUCTIONS
CONTRACTS ONBOARDING AND
SUPPLIER
PERFORMANCE
INTAKE
A UNIFIED SOURCING AND SUPPLIER ENGAGEMENT PLATFORM
#scoutspark
See the Status of Every Signature
See every step and signature
With a full view into the history of a
for signature, set the process and track
internally and with the business.
Sign, seal, and deliver
Elegant integration into DocuSign gives
everyone on your team the ability to
create and distribute contracts for
eSignature.
Track, remind, and collaborate
Keep everyone on the same page with
effective self service views, reminders
and priority management in Pipeline.
Track the status and signature of every contract and form with Scout’s new DocuSign Integration
#scoutspark
Keep Tabs on Every Contract Obligation
Get a clean, clear view into obligations across suppliers and the business. Only with Scout.
Effective Obligation Management
From team members to stakeholders, give everyone in the
organization visibility into where their requests are in queue, next
steps, and who’s responsible.
Always in Step by Step by Step
From getting contracts signed, to milestone management, all the way
through renewal and termination, keep the business and your
partners in legal up-to-date on next steps and accountability.
Clear Contract Hierarchy
By engaging everyone in the process, and making access to the
update simple and self-serve, you eliminate delays in the process and
education the company on Sourcing’s impact.
#scoutspark
See the Relationships in Every Contract, Clearly
From MSAs to Order Forms and SOWs- see the history, references, and context of every contractual
relationship.
Clear Contract Hierarchy
At a glance, see the detailed relationship between contracts, master agreements,
SOWs, and order forms. Never guess at a relationship again.
Supplier-Centric View of Contracts
Through Scout’s Supplier Engagement platform, see the full scope of your
supplier business relationship in one location, clear for the whole team.
Never Miss a Renewal Again
With clear, customized notifications and alerts on key contract obligations and
events – renewals and more- you’ll never worry about missing key milestones.
Scout Contracts Demo
#scoutspark
Scout Workflow with Contracts
PIPELINE & SAVING
TRACKING
SOURCING &
AUCTIONS
CONTRACTSINTAKE SUPPLIER
MANAGEMENT
Submit request to
sourcing team
Manage and track
requests
Compare bids and select
desired supplier
Create and manage contract
supplier contracts
Track supplier performance over
time
Q & A
Thank You!
Stephen Macko | smacko@scoutrfp.com Sandy Tedt | stedt@scoutrfp.com

More Related Content

What's hot

Dallas Salesforce User Group September Meeting
Dallas Salesforce User Group September MeetingDallas Salesforce User Group September Meeting
Dallas Salesforce User Group September Meeting
Kevin Richardson
 
Marie and Beth AR Presentation
Marie and Beth AR PresentationMarie and Beth AR Presentation
Marie and Beth AR Presentation
Mauricio Godoy
 

What's hot (20)

10 Tips For Successful Contract Life Cycle Management
10 Tips For Successful Contract Life Cycle Management10 Tips For Successful Contract Life Cycle Management
10 Tips For Successful Contract Life Cycle Management
 
FHLB Dallas and Workday
FHLB Dallas and WorkdayFHLB Dallas and Workday
FHLB Dallas and Workday
 
6 Steps to Confirm Successful Workday Deployment
6 Steps to Confirm Successful Workday Deployment6 Steps to Confirm Successful Workday Deployment
6 Steps to Confirm Successful Workday Deployment
 
DocuSign Power Form
DocuSign Power FormDocuSign Power Form
DocuSign Power Form
 
Dallas Salesforce User Group September Meeting
Dallas Salesforce User Group September MeetingDallas Salesforce User Group September Meeting
Dallas Salesforce User Group September Meeting
 
Transform Data into Action
Transform Data into ActionTransform Data into Action
Transform Data into Action
 
Train ai-2018-workday-Expense-OCR-hanlin fang-final
Train ai-2018-workday-Expense-OCR-hanlin fang-finalTrain ai-2018-workday-Expense-OCR-hanlin fang-final
Train ai-2018-workday-Expense-OCR-hanlin fang-final
 
CNA’s Journey to Workday Accounting Center
CNA’s Journey to Workday Accounting CenterCNA’s Journey to Workday Accounting Center
CNA’s Journey to Workday Accounting Center
 
Top ten data and analysis technology trends in 2021
Top ten data and analysis technology trends in 2021Top ten data and analysis technology trends in 2021
Top ten data and analysis technology trends in 2021
 
Getting Creative with the Workday Request Framework
Getting Creative with the Workday Request FrameworkGetting Creative with the Workday Request Framework
Getting Creative with the Workday Request Framework
 
The roles & responsibilities of a contract manager
The roles & responsibilities of a contract managerThe roles & responsibilities of a contract manager
The roles & responsibilities of a contract manager
 
Partnering with Workday on Your Skills Transformation Journey
Partnering with Workday on Your Skills Transformation JourneyPartnering with Workday on Your Skills Transformation Journey
Partnering with Workday on Your Skills Transformation Journey
 
Adaptable Architecture – the Backbone of Digital Business Models
Adaptable Architecture – the Backbone of Digital Business ModelsAdaptable Architecture – the Backbone of Digital Business Models
Adaptable Architecture – the Backbone of Digital Business Models
 
Vaccine Planning with Workday
Vaccine Planning with WorkdayVaccine Planning with Workday
Vaccine Planning with Workday
 
Navigating the Workday Analytics and Reporting Ecosystem
Navigating the Workday Analytics and Reporting EcosystemNavigating the Workday Analytics and Reporting Ecosystem
Navigating the Workday Analytics and Reporting Ecosystem
 
Plan for Disruption: Emerging Stronger in Uncertain Times
Plan for Disruption: Emerging Stronger in Uncertain TimesPlan for Disruption: Emerging Stronger in Uncertain Times
Plan for Disruption: Emerging Stronger in Uncertain Times
 
Txd19 speaker session template v1
Txd19 speaker session template v1Txd19 speaker session template v1
Txd19 speaker session template v1
 
Make the Move to Lightning in 60 Days
Make the Move to Lightning in 60 DaysMake the Move to Lightning in 60 Days
Make the Move to Lightning in 60 Days
 
The Bottom Line on Agility: Bringing FP&A and Accounting Together to Drive Tr...
The Bottom Line on Agility: Bringing FP&A and Accounting Together to Drive Tr...The Bottom Line on Agility: Bringing FP&A and Accounting Together to Drive Tr...
The Bottom Line on Agility: Bringing FP&A and Accounting Together to Drive Tr...
 
Marie and Beth AR Presentation
Marie and Beth AR PresentationMarie and Beth AR Presentation
Marie and Beth AR Presentation
 

Similar to Product Deep Dive: Cut Through the Chaos with Scout Contracts

Maximizing value through vendor mgt july, lagos
Maximizing value through vendor mgt july, lagosMaximizing value through vendor mgt july, lagos
Maximizing value through vendor mgt july, lagos
Petro Nomics
 
Optimizing Contract Management and Enhancing Team Collaboration: Insights fro...
Optimizing Contract Management and Enhancing Team Collaboration: Insights fro...Optimizing Contract Management and Enhancing Team Collaboration: Insights fro...
Optimizing Contract Management and Enhancing Team Collaboration: Insights fro...
Aggregage
 

Similar to Product Deep Dive: Cut Through the Chaos with Scout Contracts (20)

Team05-Clicked-20230214-Final-Presentation_.pptx
Team05-Clicked-20230214-Final-Presentation_.pptxTeam05-Clicked-20230214-Final-Presentation_.pptx
Team05-Clicked-20230214-Final-Presentation_.pptx
 
Maximizing value through vendor mgt july, lagos
Maximizing value through vendor mgt july, lagosMaximizing value through vendor mgt july, lagos
Maximizing value through vendor mgt july, lagos
 
Congratulations – your contract signed! Are you ready?
Congratulations – your contract signed!  Are you ready? Congratulations – your contract signed!  Are you ready?
Congratulations – your contract signed! Are you ready?
 
webbased contract management tool
webbased contract management toolwebbased contract management tool
webbased contract management tool
 
DocStation contractmanagement
DocStation contractmanagementDocStation contractmanagement
DocStation contractmanagement
 
Knowing and managing what's been agreed the case for contract management
Knowing and managing what's been agreed   the case for contract managementKnowing and managing what's been agreed   the case for contract management
Knowing and managing what's been agreed the case for contract management
 
The ideal guide to get your contract management (1)
The ideal guide to get your contract management (1)The ideal guide to get your contract management (1)
The ideal guide to get your contract management (1)
 
Vendor management, lagos
Vendor management, lagosVendor management, lagos
Vendor management, lagos
 
Vendor Management, Lagos
Vendor Management, LagosVendor Management, Lagos
Vendor Management, Lagos
 
Vendor Management, Lagos
Vendor Management, LagosVendor Management, Lagos
Vendor Management, Lagos
 
Vendor Management, Lagos
Vendor Management, LagosVendor Management, Lagos
Vendor Management, Lagos
 
Vendor Management, Lagos
Vendor Management, LagosVendor Management, Lagos
Vendor Management, Lagos
 
Vendor Management, Lagos
Vendor Management, LagosVendor Management, Lagos
Vendor Management, Lagos
 
PracticeLeague Contract Lifecycle Management
PracticeLeague Contract Lifecycle ManagementPracticeLeague Contract Lifecycle Management
PracticeLeague Contract Lifecycle Management
 
SKP Contract Management Services
SKP Contract Management Services SKP Contract Management Services
SKP Contract Management Services
 
Optimizing Contract Management and Enhancing Team Collaboration: Insights fro...
Optimizing Contract Management and Enhancing Team Collaboration: Insights fro...Optimizing Contract Management and Enhancing Team Collaboration: Insights fro...
Optimizing Contract Management and Enhancing Team Collaboration: Insights fro...
 
Ultimate Guide to Quote to Cash
Ultimate Guide to Quote to Cash Ultimate Guide to Quote to Cash
Ultimate Guide to Quote to Cash
 
QTC_Guide
QTC_GuideQTC_Guide
QTC_Guide
 
Cloudway contract management capabilities
Cloudway contract management capabilitiesCloudway contract management capabilities
Cloudway contract management capabilities
 
Q2_2016_Sircon Newsletter
Q2_2016_Sircon NewsletterQ2_2016_Sircon Newsletter
Q2_2016_Sircon Newsletter
 

More from Scout RFP

More from Scout RFP (19)

Guiding the Product: One Single Source of Truth for Sourcing
Guiding the Product: One Single Source of Truth for SourcingGuiding the Product: One Single Source of Truth for Sourcing
Guiding the Product: One Single Source of Truth for Sourcing
 
Do More with Unified Sourcing and Supplier Engagement
Do More with Unified Sourcing and Supplier Engagement Do More with Unified Sourcing and Supplier Engagement
Do More with Unified Sourcing and Supplier Engagement
 
Confidence - Talent - Impact: Making of A Procurement Leader
Confidence - Talent - Impact: Making of A Procurement LeaderConfidence - Talent - Impact: Making of A Procurement Leader
Confidence - Talent - Impact: Making of A Procurement Leader
 
Negotiation and Optimization Deep Dive
Negotiation and Optimization Deep DiveNegotiation and Optimization Deep Dive
Negotiation and Optimization Deep Dive
 
Make an Impact, Inspire Your Business Partners and Get to a New Level!
Make an Impact, Inspire Your Business Partners and Get to a New Level!Make an Impact, Inspire Your Business Partners and Get to a New Level!
Make an Impact, Inspire Your Business Partners and Get to a New Level!
 
It’s All About Adoption: How Gilead Sciences Forged a Path to Accelerate Value
It’s All About Adoption: How Gilead Sciences Forged a Path to Accelerate ValueIt’s All About Adoption: How Gilead Sciences Forged a Path to Accelerate Value
It’s All About Adoption: How Gilead Sciences Forged a Path to Accelerate Value
 
Product Deep Dive: Getting the Most out of Scout Reports
Product Deep Dive: Getting the Most out of Scout ReportsProduct Deep Dive: Getting the Most out of Scout Reports
Product Deep Dive: Getting the Most out of Scout Reports
 
Product Deep Dive: Build Lasting Value with Supplier Performance Management
Product Deep Dive: Build Lasting Value with Supplier Performance ManagementProduct Deep Dive: Build Lasting Value with Supplier Performance Management
Product Deep Dive: Build Lasting Value with Supplier Performance Management
 
True Stories from Buy Desk Warriors - Learn Tried and True Methods for Implem...
True Stories from Buy Desk Warriors - Learn Tried and True Methods for Implem...True Stories from Buy Desk Warriors - Learn Tried and True Methods for Implem...
True Stories from Buy Desk Warriors - Learn Tried and True Methods for Implem...
 
Flashes of Genius - Learning the Art and Science of Creativity
Flashes of Genius - Learning the Art and Science of CreativityFlashes of Genius - Learning the Art and Science of Creativity
Flashes of Genius - Learning the Art and Science of Creativity
 
The Untapped Power of Dynamic Negotiation: See the World from McKinsey’s Pers...
The Untapped Power of Dynamic Negotiation: See the World from McKinsey’s Pers...The Untapped Power of Dynamic Negotiation: See the World from McKinsey’s Pers...
The Untapped Power of Dynamic Negotiation: See the World from McKinsey’s Pers...
 
Do More with Unified Sourcing and Supplier Engagement
Do More with Unified Sourcing and Supplier EngagementDo More with Unified Sourcing and Supplier Engagement
Do More with Unified Sourcing and Supplier Engagement
 
Keep it Simple and Make it Fun: Change Management Success Stories from Unityw...
Keep it Simple and Make it Fun: Change Management Success Stories from Unityw...Keep it Simple and Make it Fun: Change Management Success Stories from Unityw...
Keep it Simple and Make it Fun: Change Management Success Stories from Unityw...
 
Leveraging a Center of Excellence Strategy for Procurement Technology Operati...
Leveraging a Center of Excellence Strategy for Procurement Technology Operati...Leveraging a Center of Excellence Strategy for Procurement Technology Operati...
Leveraging a Center of Excellence Strategy for Procurement Technology Operati...
 
Stay Agile and Competitive with Supplier Diversity
Stay Agile and Competitive with Supplier DiversityStay Agile and Competitive with Supplier Diversity
Stay Agile and Competitive with Supplier Diversity
 
The Puzzle of Transformation Trinity: People, Technology, and Leadership
The Puzzle of Transformation Trinity: People, Technology, and LeadershipThe Puzzle of Transformation Trinity: People, Technology, and Leadership
The Puzzle of Transformation Trinity: People, Technology, and Leadership
 
The Future of Procurement Technology with Hugo Evans of A.T. Kearney
The Future of Procurement Technology with Hugo Evans of A.T. KearneyThe Future of Procurement Technology with Hugo Evans of A.T. Kearney
The Future of Procurement Technology with Hugo Evans of A.T. Kearney
 
Our Procurement Evolution: How We embraced Innovation and Disruption to Tran...
Our Procurement Evolution:  How We embraced Innovation and Disruption to Tran...Our Procurement Evolution:  How We embraced Innovation and Disruption to Tran...
Our Procurement Evolution: How We embraced Innovation and Disruption to Tran...
 
Jeff Immelt on Leading Through Change and Focused Transformation
Jeff Immelt on Leading Through Change and Focused Transformation Jeff Immelt on Leading Through Change and Focused Transformation
Jeff Immelt on Leading Through Change and Focused Transformation
 

Recently uploaded

AI Mastery 201: Elevating Your Workflow with Advanced LLM Techniques
AI Mastery 201: Elevating Your Workflow with Advanced LLM TechniquesAI Mastery 201: Elevating Your Workflow with Advanced LLM Techniques
AI Mastery 201: Elevating Your Workflow with Advanced LLM Techniques
VictorSzoltysek
 
CHEAP Call Girls in Pushp Vihar (-DELHI )🔝 9953056974🔝(=)/CALL GIRLS SERVICE
CHEAP Call Girls in Pushp Vihar (-DELHI )🔝 9953056974🔝(=)/CALL GIRLS SERVICECHEAP Call Girls in Pushp Vihar (-DELHI )🔝 9953056974🔝(=)/CALL GIRLS SERVICE
CHEAP Call Girls in Pushp Vihar (-DELHI )🔝 9953056974🔝(=)/CALL GIRLS SERVICE
9953056974 Low Rate Call Girls In Saket, Delhi NCR
 
+971565801893>>SAFE AND ORIGINAL ABORTION PILLS FOR SALE IN DUBAI AND ABUDHAB...
+971565801893>>SAFE AND ORIGINAL ABORTION PILLS FOR SALE IN DUBAI AND ABUDHAB...+971565801893>>SAFE AND ORIGINAL ABORTION PILLS FOR SALE IN DUBAI AND ABUDHAB...
+971565801893>>SAFE AND ORIGINAL ABORTION PILLS FOR SALE IN DUBAI AND ABUDHAB...
Health
 

Recently uploaded (20)

How To Use Server-Side Rendering with Nuxt.js
How To Use Server-Side Rendering with Nuxt.jsHow To Use Server-Side Rendering with Nuxt.js
How To Use Server-Side Rendering with Nuxt.js
 
Unveiling the Tech Salsa of LAMs with Janus in Real-Time Applications
Unveiling the Tech Salsa of LAMs with Janus in Real-Time ApplicationsUnveiling the Tech Salsa of LAMs with Janus in Real-Time Applications
Unveiling the Tech Salsa of LAMs with Janus in Real-Time Applications
 
Define the academic and professional writing..pdf
Define the academic and professional writing..pdfDefine the academic and professional writing..pdf
Define the academic and professional writing..pdf
 
Learn the Fundamentals of XCUITest Framework_ A Beginner's Guide.pdf
Learn the Fundamentals of XCUITest Framework_ A Beginner's Guide.pdfLearn the Fundamentals of XCUITest Framework_ A Beginner's Guide.pdf
Learn the Fundamentals of XCUITest Framework_ A Beginner's Guide.pdf
 
Diamond Application Development Crafting Solutions with Precision
Diamond Application Development Crafting Solutions with PrecisionDiamond Application Development Crafting Solutions with Precision
Diamond Application Development Crafting Solutions with Precision
 
AI Mastery 201: Elevating Your Workflow with Advanced LLM Techniques
AI Mastery 201: Elevating Your Workflow with Advanced LLM TechniquesAI Mastery 201: Elevating Your Workflow with Advanced LLM Techniques
AI Mastery 201: Elevating Your Workflow with Advanced LLM Techniques
 
Microsoft AI Transformation Partner Playbook.pdf
Microsoft AI Transformation Partner Playbook.pdfMicrosoft AI Transformation Partner Playbook.pdf
Microsoft AI Transformation Partner Playbook.pdf
 
Introducing Microsoft’s new Enterprise Work Management (EWM) Solution
Introducing Microsoft’s new Enterprise Work Management (EWM) SolutionIntroducing Microsoft’s new Enterprise Work Management (EWM) Solution
Introducing Microsoft’s new Enterprise Work Management (EWM) Solution
 
Azure_Native_Qumulo_High_Performance_Compute_Benchmarks.pdf
Azure_Native_Qumulo_High_Performance_Compute_Benchmarks.pdfAzure_Native_Qumulo_High_Performance_Compute_Benchmarks.pdf
Azure_Native_Qumulo_High_Performance_Compute_Benchmarks.pdf
 
CHEAP Call Girls in Pushp Vihar (-DELHI )🔝 9953056974🔝(=)/CALL GIRLS SERVICE
CHEAP Call Girls in Pushp Vihar (-DELHI )🔝 9953056974🔝(=)/CALL GIRLS SERVICECHEAP Call Girls in Pushp Vihar (-DELHI )🔝 9953056974🔝(=)/CALL GIRLS SERVICE
CHEAP Call Girls in Pushp Vihar (-DELHI )🔝 9953056974🔝(=)/CALL GIRLS SERVICE
 
Tech Tuesday-Harness the Power of Effective Resource Planning with OnePlan’s ...
Tech Tuesday-Harness the Power of Effective Resource Planning with OnePlan’s ...Tech Tuesday-Harness the Power of Effective Resource Planning with OnePlan’s ...
Tech Tuesday-Harness the Power of Effective Resource Planning with OnePlan’s ...
 
Shapes for Sharing between Graph Data Spaces - and Epistemic Querying of RDF-...
Shapes for Sharing between Graph Data Spaces - and Epistemic Querying of RDF-...Shapes for Sharing between Graph Data Spaces - and Epistemic Querying of RDF-...
Shapes for Sharing between Graph Data Spaces - and Epistemic Querying of RDF-...
 
10 Trends Likely to Shape Enterprise Technology in 2024
10 Trends Likely to Shape Enterprise Technology in 202410 Trends Likely to Shape Enterprise Technology in 2024
10 Trends Likely to Shape Enterprise Technology in 2024
 
How To Troubleshoot Collaboration Apps for the Modern Connected Worker
How To Troubleshoot Collaboration Apps for the Modern Connected WorkerHow To Troubleshoot Collaboration Apps for the Modern Connected Worker
How To Troubleshoot Collaboration Apps for the Modern Connected Worker
 
+971565801893>>SAFE AND ORIGINAL ABORTION PILLS FOR SALE IN DUBAI AND ABUDHAB...
+971565801893>>SAFE AND ORIGINAL ABORTION PILLS FOR SALE IN DUBAI AND ABUDHAB...+971565801893>>SAFE AND ORIGINAL ABORTION PILLS FOR SALE IN DUBAI AND ABUDHAB...
+971565801893>>SAFE AND ORIGINAL ABORTION PILLS FOR SALE IN DUBAI AND ABUDHAB...
 
The Ultimate Test Automation Guide_ Best Practices and Tips.pdf
The Ultimate Test Automation Guide_ Best Practices and Tips.pdfThe Ultimate Test Automation Guide_ Best Practices and Tips.pdf
The Ultimate Test Automation Guide_ Best Practices and Tips.pdf
 
Reassessing the Bedrock of Clinical Function Models: An Examination of Large ...
Reassessing the Bedrock of Clinical Function Models: An Examination of Large ...Reassessing the Bedrock of Clinical Function Models: An Examination of Large ...
Reassessing the Bedrock of Clinical Function Models: An Examination of Large ...
 
Exploring the Best Video Editing App.pdf
Exploring the Best Video Editing App.pdfExploring the Best Video Editing App.pdf
Exploring the Best Video Editing App.pdf
 
call girls in Vaishali (Ghaziabad) 🔝 >༒8448380779 🔝 genuine Escort Service 🔝✔️✔️
call girls in Vaishali (Ghaziabad) 🔝 >༒8448380779 🔝 genuine Escort Service 🔝✔️✔️call girls in Vaishali (Ghaziabad) 🔝 >༒8448380779 🔝 genuine Escort Service 🔝✔️✔️
call girls in Vaishali (Ghaziabad) 🔝 >༒8448380779 🔝 genuine Escort Service 🔝✔️✔️
 
HR Software Buyers Guide in 2024 - HRSoftware.com
HR Software Buyers Guide in 2024 - HRSoftware.comHR Software Buyers Guide in 2024 - HRSoftware.com
HR Software Buyers Guide in 2024 - HRSoftware.com
 

Product Deep Dive: Cut Through the Chaos with Scout Contracts

  • 1. A SCOUT DEEP DIVE #scoutspark Cutting Through the Chaos with Scout Contracts STEPHEN MACKO Customer Success Manager Scout RFP SANDY TEDT Senior Product Manager Scout RFP
  • 2. #scoutspark Agenda Introduction1 Contract Chaos2 Scout Contracts Workflow 3 Key Benefits of Scout Contracts 4 Product Demo and Use Cases 5 Q & A6
  • 3. #scoutspark A Brief History of Scout Contracts What we heard from customers… “I’d love to stay ahead of 90/60/30 day renewals, but right now contracts are like a black hole.” “It’s an ongoing frustration to answer simple questions about contract signatures. I can’t even confirm the contract exists in the first place.” “Our team is solely focused on savings, and contract chaos results in a big missed opportunity, in the form of leaky spend.” “We spend 80% of our time looking for contracts and tracking down approvals, rather than actually negotiating them.”
  • 4. #scoutspark Source to Contract Ongoing Contract Management • What happens once I’ve selected my supplier from a sourcing event? • How do my internal stakeholders know where a contract is in the approval process? • What if there is a question or issue that comes up during the approval process? • How do I know if my supplier is following through on what was agreed upon in the contract? • How does this contract tie in with other agreements in place with this supplier? • What is the duration of this contract? • When do I need to decide if I’m going to renew or terminate this contract? Contract Chaos
  • 5. #scoutspark Simple, Flexible Contract Management Effective Obligation Management From team members to stakeholders, give everyone in the their requests are in queue, next steps, and who’s responsible. Full Visibility for the Business With simple, persistent communication and collaboration tools, same page and knows who owns the next step. Align with Performance Management Go straight from sourcing, through contracts, and into a streamline management process, all in the context of Scout. Never miss a
  • 6. PIPELINE & SAVING TRACKING SOURCING & AUCTIONS CONTRACTS ONBOARDING AND SUPPLIER PERFORMANCE INTAKE A UNIFIED SOURCING AND SUPPLIER ENGAGEMENT PLATFORM
  • 7. #scoutspark See the Status of Every Signature See every step and signature With a full view into the history of a for signature, set the process and track internally and with the business. Sign, seal, and deliver Elegant integration into DocuSign gives everyone on your team the ability to create and distribute contracts for eSignature. Track, remind, and collaborate Keep everyone on the same page with effective self service views, reminders and priority management in Pipeline. Track the status and signature of every contract and form with Scout’s new DocuSign Integration
  • 8. #scoutspark Keep Tabs on Every Contract Obligation Get a clean, clear view into obligations across suppliers and the business. Only with Scout. Effective Obligation Management From team members to stakeholders, give everyone in the organization visibility into where their requests are in queue, next steps, and who’s responsible. Always in Step by Step by Step From getting contracts signed, to milestone management, all the way through renewal and termination, keep the business and your partners in legal up-to-date on next steps and accountability. Clear Contract Hierarchy By engaging everyone in the process, and making access to the update simple and self-serve, you eliminate delays in the process and education the company on Sourcing’s impact.
  • 9. #scoutspark See the Relationships in Every Contract, Clearly From MSAs to Order Forms and SOWs- see the history, references, and context of every contractual relationship. Clear Contract Hierarchy At a glance, see the detailed relationship between contracts, master agreements, SOWs, and order forms. Never guess at a relationship again. Supplier-Centric View of Contracts Through Scout’s Supplier Engagement platform, see the full scope of your supplier business relationship in one location, clear for the whole team. Never Miss a Renewal Again With clear, customized notifications and alerts on key contract obligations and events – renewals and more- you’ll never worry about missing key milestones.
  • 11. #scoutspark Scout Workflow with Contracts PIPELINE & SAVING TRACKING SOURCING & AUCTIONS CONTRACTSINTAKE SUPPLIER MANAGEMENT Submit request to sourcing team Manage and track requests Compare bids and select desired supplier Create and manage contract supplier contracts Track supplier performance over time
  • 12. Q & A
  • 13. Thank You! Stephen Macko | smacko@scoutrfp.com Sandy Tedt | stedt@scoutrfp.com