Contracting and Negotiation Services by Source One
Source One’s team of contracting and negotiation experts will work to assure your contract negotiations satisfy both you and your supplier. It’s not a win for us unless it’s a win-win for you.
A great price doesn’t always lead to top quality services, and top quality services certainly don’t have to come at a high price. Our strategic sourcing and contract negotiation experts can help you navigate the challenges of contracting and negotiations to not only assess the proposed terms and conditions but provide comparisons to others in the market to create a satisfactory agreement for both parties. Decades of experience has taught us how to navigate the fine line between good contracts and great contracts. Source One can assist you in your contract writing and negotiations, whether part of a full strategic sourcing initiative, or as a one-off single engagement.
Our Contracting and Negotiation Services include:
- A thorough review of the proposed contract
- A review of pricing terms, conditions and service terms
- Proposed resolutions to disagreements in terms and conditions
- A comparison to other similar contracts in the marketplace
- Finding the meeting point that leaves both the supplier and buyer satisfied with the contract
Our involvement doesn’t end when you sign the dotted line. As part of our general contract negotiation process, Source One will provide ongoing contract monitoring and contract management services to ensure you and your suppliers stay compliant.
Fact-Based Negotiation Services
Smart contract negotiations are methodical and backed by data. When it comes to lowering costs, driving business, and developing category management strategies, companies need an effective market research team to navigate the supply chain landscape and present the facts. Source One has the market intelligence necessary to make smart supply chain negotiations possible. Our years of implementing strategic sourcing best practices for top firms, coupled with our proprietary contract database and team of market research experts, provides our clients real-time insight into the competition, supply trends, contract terms, price points, and the supplier community. We’ll remove the guess work from your next procurement investment to help your company remain competitive and negotiate cost savings.
Contract Management Services and Solutions
Poor contract management can result in maverick buying and lead your company to miss renewals, or accept them at non-competitive rates. Source One’s contract management specialists are prepared to help you focus negotiation efforts and – if necessary – seek out alternative vendors. We’ll help you implement your own Contract Management systems and provide you with access to our free e-Sourcing and contract management service: WhyAbe. The combined efforts of our team and the site’s intuitive contract management features will help you automate renewals, organize crucial information, and ensure the best possible contract for your company and its suppliers. With Source One and WhyAbe’s tools you’ll never miss a renewal date or a commitment level again.
Contact Source One’s negotiation experts today and learn what we can bring to the table.
Win-Win Contract Negotiations
Source One has negotiated thousands of contracts and has maintained a repository of contract terms, conditions and price points that can be used to quickly obtain savings for our customers. Our database of rates, contracts and terms assists us in quickly obtaining substantial results in negotiating new contracts for our clients.
A lack of relevant data often leads procurement groups to ‘go with their gut,’ or maintain inefficient supplier relationships ‘just because.’ Source One’s 25 years of experience have helped us build an unparalleled database of best practices and real-time insights. This mean’s we’re uniquely equipped to advise you during contract negotiations and every other step of the sourcing process.
Years of Market Insight
A History of Successful Negotiations
We couldn’t promise results if we didn’t produce them. Our history of successful strategic sourcing initiatives has provided our clients with strong supplier relationships, considerable cost savings, and increased efficiency across their supply chain. Take a look at some of out past achievements. Even at the end of your sourcing initiative, we may be able to help. Call us before you sign a major contract.
Proven Negotiation Results
We do much more for our clients than negotiate contracts. Our industry leading sourcing techniques enable us to assess and manage spend to drive long-term return on investment. Let us leverage our experience and cutting-edge tools to find the savings opportunities you’ve been looking for.
Spend Management Services
Supplier Relationship Management
Contract negotiations are just the beginning of your collaboration with a vendor. Failure to implement consistent management and communication can decrease contract value and expose your business to risk. Our supplier relationship experts will establish SRM programs to foster interaction and drive value throughout the lifecycle of your contract.
Supplier Value Optimization