PeopleSoft Supplier Contract Management Overview

Supplier Contract Management provides you with the framework to create and manage the transactional procurement contracts used for executing purchases, as well as providing robust document management authoring capabilities to create and manage the written contract document using Microsoft Word. The system also provides a structured method to develop and manage the contract clause library and the life cycle and approval processing for documents.

Using the application, you can:

  • Create transactional purchasing contracts for purchase execution.

  • Develop contract clause libraries, document configurators, and user-defined wizards used for document generation.

  • Author contract documents related to the transactional purchasing contract using the contract library.

  • Author ad hoc type documents that are not related to the transactional purchasing contract using the contract library.

  • Create document types to categorize and control the life-cycle management of various contract and noncontract-related documents you want to maintain, such as requests for contracts or nondisclosure agreement-type documents.

  • Create, update, and monitor contract agreements to track deliverables and compliance for PeopleSoft Purchasing contracts and PeopleSoft Strategic Sourcing requests for quotes.

  • Manage the document life cycle and track executed contracts and amendments.

  • Import legacy documents into the document authoring system, and include them for indexing in the search framework repository for those formats supported by Search Framework search engine.

  • Import clauses from existing Microsoft Word contracts by using content controls and uploading the file.

  • Perform robust searches for contract and clause library content and related field information.

  • Provide users with a native Microsoft Word environment in which they can work with documents.

  • Incorporate workflow approvals for document and clause approvals.

  • Collaborate with internal users on contracts.

  • Send contracts to suppliers and track them.

  • Capture digital signatures for internal and external parties or both.

  • Syndicate supplier contracts to other transactional systems.