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Welcome to EmpoweringCPO! By accessing or using our website, you agree to comply with and be bound by the following terms and conditions of use. If you do not agree to these terms and conditions, please do not access or use our website.

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  2. Use of Our Services: Our services include providing procurement market intelligence reports in the form of PDF or Excel documents. By purchasing and downloading our reports, you agree to use them for personal or internal business purposes only. You may not reproduce, distribute, or publish any of our reports without our prior written consent.
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EmpoweringCPO provides market intelligence reports in the form of PDF or Excel documents that can be downloaded by users after successful payment processing. As such, we do not ship physical products and there are no shipping charges associated with our services.

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Compliance Management Tool

Compliance management is very critical as otherwise the procurement organization may run into a scenario where there is a huge gap between realized savings and reported savings. Many procurement functions estimate large savings numbers when contracts are signed. They also invest significant time and effort in negotiating contracts for necessary goods and services, only to have a third or more of their purchasing dollars flow outside those deals. Some of the obvious fall-outs of non-compliance and maverick purchases are:

  • Very high prices
  • Risk of losing out on volume discounts and rebates

As compared to the current contract that was finalized after the sourcing process, the tool helps in tracking:

  • Vendor Compliance
  • Price Compliance

The objective of this tool is to ensure that the orders are placed only with the vendors that were shortlisted after the sourcing process and at the same price that was agreed upon and negotiated during and after the strategic sourcing process.

Request Tool Demo

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