Enlighta Govern
Supplier Governance and Relationship Management
Continuously reduce value leakage and optimize vendor relationships with an AI-powered platform.
Streamline Vendor Governance with Enlighta Govern
Collaborate seamlessly with stakeholders and suppliers on post-contracting supplier governance.
Transparency & Compliance
Reduce value leakage, increase compliance & transparency
- Post-contract Supplier governance
- Issues/Gaps Management
- Supplier Scorecards
- SLAs/KPIs & Service Credits
- Deliverables & Obligations
- Meetings/Action Items Management
- Resource Allocation to Projects
- Risk Tracking & Mitigation
- Proactive alerts on key Events & Actions
Efficiency
Typical 35%+ reduction in efforts in supplier management via automation and use of shared platform.
Cost Savings
ROI from the first year of deployment
Demand Management
- Capture service needs efficiently with configurable intake forms. Eliminate delays with automated workflows for internal service request approvals.
- Request, collect, and compare bids and proposals from existing partners and automate proposal evaluation and selection workflows. For RFx Management capabilities and other procurement functions to achieve excellence in sourcing you can add on Enlighta Procure
- Seamlessly create new SOWs with selected vendors using contract templates and pre-approved clauses from the clause library.
Delivery and Consumption Tracking and Forecasting
- Track actual and forecasted resource and services utilization for informed decision-making and planning.
- Generate proforma invoices based on contractual rates and validate line items against rate cards and utilization.
Continuous Contract Compliance
- Store and search all contracts, amendments, and documents in one secure location.
- Set expiry and renewal reminders for key stakeholders for continued compliance.
- Track contract changes and automatically update impacted elements.
- Automate contract change approvals with configurable workflows.
Ongoing Performance Management
- Add SLAs & KPIs to track in Enlighta via manual entry, AI-powered contract extraction, or import from spreadsheets.
- Enable vendors to report performance actuals directly in Enlighta or via import from spreadsheets..
- Analyze vendor performance by various dimensions such as supplier, contract, service, region, and more.
- Analyze each vendor’s SLA adherence and manage service penalties and earn-backs. Automate root-cause analysis workflows. Define and implement Corrective Action Plans (CAPs) to address performance gaps. Identify performance trends over time.
- Link KPIs to specific programs and strategic goals to achieve strategic alignment.
Issue Management
- Create, assign, resolve, and analyze issues on a single collaborative platform. Import issue data from emails and spreadsheets to centralize issues and action items for stakeholders’ and suppliers’ visibility.
- Automatically create and assign issues based on events like SLA breaches, invoice errors, or missed deliverables.
- Track and report on issue cycle times and volume to identify trends and optimize workflows.
Spend Management
- Capture actual and forecasted vendor spend by month or year.
- Manage currency conversions with ease using customizable tables and automated conversion for reporting and analysis.
- Gain insights into spend through comprehensive dashboards and reports, analyzing vendor spend by various dimensions like category, cost center, and sector.
Relationship Management
- Regularly assess the health of your strategic supplier relationships by automatically launching pre-built and configurable Relationship Health Surveys on scheduled intervals. [Learn more about Relationship Surveys and Vendor Health Scorecards]
- Assign custom weights to different survey dimensions like alignment, performance, risk, compliance, quality, capabilities, ESG and more and generate Vendor Scorecards.
- Compare vendor performance across divisions, regions, and service categories.
- Set up business reviews on monthly, quarterly, or other specified cadence and capture resulting action items.
Enlighta Govern Benefits
Enhanced Supplier Management
& Collaboration
Improved Risk Mitigation
& Compliance
Continuous Spend and Performance
Optimization
“Enlighta has transformed how we manage and realize value from our strategic suppliers and third-parties”
Senior Vice President, F500 Financial Services
“Get Enlighta now! Enlighta is our single system
of truth across key supplier engagements; quick adoption
and an ROI within 6 months of deployment.”
Director, Enterprise Supplier Management
