At Gainfront we are pioneering the use of Generative Al to supercharge the efficiency of Supplier Lifecycle Management
For too long, supplier lifecycle management has been mired in paper documents, disjointed processes and manual effort.
But no more. Using the revolutionary capabilities of Generative Al, Gainfront is supercharging every part of supplier lifecycle management – from sourcing to performance management to deliver unprecedented value
Features of the Gainfront Supplier Lifecycle Management Solution
Gainfront SLM is a Generative AI native application designed to help you drive stronger supplier relationships, Increase savings and reduce global supply-chain risk.
CSR Goals –
Diversity and ESG
As a leader in Diversity and ESG, Gainfront helps forward-thinking businesses set their initial baseline for determining how to most effectively align their supply chains to meet CSR goals.
RFx Management
An RFx solution that covers the entire process of RFI to RFP to RFQ, allowing for informed and timely decision-making that meets organizations’ sourcing goals.
Strategic Sourcing Evaluation
Assess risk with in-depth supplier surveys across infosec, cybersecurity, ethical compliance, conflict minerals, child & forced labor, and over 1,500 data points provided by 3rd party risk data specialists.
Contracts & Negotiation
Leverage a highly configurable Contract Lifecycle Management solution to significantly reduce onboarding time, seamlessly integrate the full approval process and increase overall efficiency.
Supplier Relationship Management
Procure-to-Pay
Gainfront provides a reimagined process featuring rapid internal/external product lookup, price comparisons and proper approval workflows according to internal rules and governance policies.
Spend Management
Gain full visibility into your supplier spend with sophisticated analytics that help you set spend targets, understand actual spend, and identify early warnings to potential issues in spend.
Services and Project Procurement
Solve the difficult challenges in services and project procurement. Easily manage contractor and sub-contractor relationships and procurement processes to ensure your projects are delivered on time, within cost, and with the quality you require.
Discover our 7-step process to build a robust and compliant supply chain.
Pave the way toward a supply chain that’s not only compliant but ethically grounded, echoing your commitment to sustainability and responsible business practices
Global Supplier Discovery
As you navigate a rapidly evolving market, exploring new suppliers globally becomes imperative. Discover a diverse array of options that mirror your values and unique needs.
Over 70% search accuracy with AI/NLP process for 4 Levels of supplier categorizations.
RFX Concierge service to manage the RFI process saving up to 60% time.
Rigorous Supplier Evaluation
Leverage RFx processes to scrutinize potential suppliers. Evaluate their capabilities, performance history, and adherence to sustainability principles, ensuring your partnerships are rooted in responsibility.
Over 70% improvement in RFX process.
Over 95% improvement in evaluation process with ease of comparing supplier responses.
Empowered Contract Negotiations
Seamlessly integrate AI-driven Contract Lifecycle Management (CLM) tools to elevate your contract negotiations. Empower your agreements with efficiency, transparency, and alignment with your sustainability goals.
Over 85% improvement in Metadata extraction.
Over 70% process improvement with configurable workflows and team collaboration.
Selective Onboarding
Handpick suppliers that resonate with your mission and values. Streamline their integration into your network, guaranteeing they uphold ethical conduct right from the beginning.
Over 70% improvement in onboarding efficiency.
Over 85% improvement in supplier profile quality.
Continuous Compliance and Risk Management
Elevate your supply chain’s integrity through ongoing compliance tracking and risk mitigation. Stay attuned to ESG (Environmental, Social, and Governance) considerations to ensure responsible operations.
- Conduct surveys to assess and ensure compliance with relevant regulations and policies.
- Analyze spending data to identify potential compliance gaps and address them promptly.
Holistic Spend Management
Attain full visibility into your expenditures and financial activities. Efficient spend management not only maximizes cost-effectiveness but also supports your commitment to ethical sourcing.
- Gainfront SLM provides complete visibility on all spend by supplier with accurate spend categorization.
Effortless Order Processing and Invoicing
Simplify administrative processes with streamlined Purchase Order (PO) and invoicing procedures. Enhance operational efficiency while maintaining your ethical procurement practices.
- Gainfront SLM allows for Catalog purchasing with Blanket PO and 2–3-way invoicing matching.