Econometrix

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Contingent Workforce Management

This module offers complete automation of your end-to-end contract process.

Centralized Contract Administration allows your team to create a database of intelligent Vendor Information. Administrators have the ability to create a private network of preferred vendors, tracking the critical contract terms that help you to ensure risk management tasks or key agreement terms, discounts, or other critical information.
Automated Workflow allows users to create, approve and post job requests to your preferred Vendors. Manage time, expense and contractor performance through the system while gaining up-to-date, real time spend intelligence and consolidated invoices across your vendors.
Vendor Performance scoring helps automate evaluations of your Vendor networks ensuring that service levels remain high. Report seamlessly while allowing you to share contracted workforce information or integrate data to HR, financial, or ERP applications.

Services Procurement Management

This module is designed to automate the (RFI/RFP) procurement process. Companies use this module in conjunction with the Contingent Workforce Solution or as a stand alone tool to support the purchasing organization with their sourcing efforts.

Automated Sourcing means that managers can quickly create, approve, and distribute service requests. Collaborate with team members and suppliers throughout the procurement process. Project teams can review and evaluate supplier responses, select the suppliers, and capture important deliverables, terms and billing arrangements.
Managing Project Status and Financials is simple and easy with real time information. The project manager can approve deliverables, track spend and run budget status or variance reports. Suppliers can request payments for completion of milestone deliverables, fixed fee payments, or time-based billings.
Project Analytics can be gained through our robust ad hoc reporting capabilities.