Increase contract price alignment and reduce exceptions
A consistent and focused approach to increasing match rates and reducing overpayment is needed to capture savings lost from contract price misalignment.
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GHX can provide the expertise and dedicated attention needed to help regain contracted savings. The service loads contracts electronically for maximum visibility, aligns updated contract prices to your item master, and then price validates with electronic orders. With a dedicated and scalable supplier outreach program, GHX can accomplish resolution at the contract level.
We focus on contract price alignment and resolving discrepancies with suppliers on your behalf for savings on total spend. Your team can focus on other value-added activities.
A focused effort on contract price alignment
Features and Benefits
Automated contract price management
Price exceptions tracked at the contract level
View metrics in My Exchange
A scalable solution and ongoing communication with suppliers
Identifies and updates contract prices and aligns with your item master
Generates contract match analysis reports, key performance measurements and metrics