Contract management is complicated by huge volumes and frequent changes in price and product activations. Managing the details of vendor validation and complicated negotiation/approval processes adds another level of complexity. GHX helps you manage the complete contracting workflow — from validation of vendors, negotiation and approval workflow through price exception resolution — for significant price alignment.
Solve the challenge of managing negotiations, document workflow, vendor validation, and storage of contracts and documents in a single product. Contract Manager Xpert provides an easy way to stay on top of dates, terms and current contact information while maintaining pricing accuracy.
Manage spend from requisitioning to increase contract compliance and enable efficient purchase order generation. Choose GHX Procure Requisition Manager, the comprehensive requisitioning solution, or use the punchout module with your existing system with access to the GHX Catalog.
Reduce contract price exceptions to as low as one percent with Price Sync Managed Service providing a dedicated focus on price alignment. This proactive approach identifies and addresses data inaccuracies before they result in time-consuming and costly exceptions.
Healthcare systems need a way to automate and manage procurement to drive on-file and on-contract spend. This large, multi-institutional healthcare system expanded its use of the GHX e-procurement punchout solution to increase contract compliance and manage spend.