Collaborative engagement set-up and negotiation including signing
The platform provides functionality to define an engagement on a very detailed level and let vendors and buyers define various contractual features on various levels.
Product management
Providers can manage their different services or products within product catalogues. Once defined, these product catalogues can be easily applied during the set-up of an engagement. The engagement creation should not last more than a few minutes.
Multi-currency, multi-language
The platform supports multiple currencies and provides automatic conversion based on the up-to-date current exchange rates. Multiple currencies can even apply within one engagement. Products can also be defined in different currencies. All these currency conversions are handled within the platform. The platform can be used in different languages. The look on the different screens as well as the generated reports act according to language settings.
Regular generation of fully automated invoices that are guaranteed to be correct
The required account period can be defined by engagement. It can be selected from monthly to yearly — as the procurement or sales department requires. The statements are generated automatically and users with appropriate rights are notified when new statements arrive.
Projection of resources
The system aggregates and calculates the information about completed work or goods delivered to provide accurate reporting in real-time and make projections for stakeholders if they’re on-track or off-track, run over-budget or under-budget, etc. The system can simulate how an engagement will unfold during negotiation. For active engagements, any projection on actual burn rate or budget can be made and analysed using very comprehensive and interactive graphs.
Backend
- Python
Frontend
- React.js
