Supply-cost monitoring helps purchasing and finance teams verify whether orders are being invoiced according to negotiated contract conditions. Agreed prices and quantities can be compared with individual call-off invoices.
The system also tracks contract execution and can issue alerts when a new agreement is approaching, supporting continuity and purchasing control.
- follow up of spendings on raw materials and services
- comparison of contracted prices and quantities with invoices for the call-offs
- follow up of contracts execution; system of alarms when the new agreement is needed