Vendor Contract Management

Improve Vendor Contract and Procurement Process Management with ASC Solutions

Automate and Simplify Vendor Contract Management, Procurement and Spend Management

Global competition, game-changing technologies, innovative new applications, commoditized products, customer churn and increasing customer demands have dramatically changed the market for telecommunication companies and other communication service providers (CSPs). Additionally, managing the paperwork and accounts for the often hundreds of vendors, wholesalers and contracts is overwhelming.  

Over the course of our close to 25 years in the contract management business, ASC has worked with major telecommunication companies to automate, simplify and streamline the management of their vendor contracts and interconnection spend as well as the full contract management lifecycle. ASC's vendor contract management solutions help telecom service providers better monetize their networks and increase bottom-line profitability by enabling informed business decisions, reducing contract management costs and identifying opportunities to improve gross margin.

Vendor Contract Management Challenges

ASC vendor contract management solutions enable our telecommunications customers to efficiently manage their vendor interconnection spend challenges, including:

  • Paper and email intensive contract management and procurement process
  • Large cross-organizational teams (sales, procurement, etc.)
  • Hundreds of vendors with total yearly off-net spend into the billions
  • Spend cross-referencing between ordering, provisioning or billing systems
  • Invoicing disputes 
  • Revenue management and cost control
  • Business and financial insight 

“ASC went the extra mile in ensuring our success. This project was recognized as the single main contributor of OPEX savings in the company.”

Frédéric Cantin, Director Carrier Sourcing, Bell Canada

ASC Solutions Best Practice Framework

In solving any customer's contract management and business process management challenges, ASC's best practice framework includes:

  • Identifying key cross-organizational stakeholders (e.g., Product Manager, Sales, Provisioning, Billing, Customer Care, etc.)
  • Gathering and documenting business processes and requirements
  • Prototype definition, field trial, refinement and buildout
  • Training the teams (train-the-trainer, one-to-one, one-to-two, team and online)
  • Deploying hosted and managed solutions

Quick ROI

  • Spend reduction
  • Unbilled or under billed COGS
  • Head count reduction
  • Recognized volume discounts
  • Mechanized process improvements

ASC Vendor Contract Management Solution Benefits

ASC's vendor contract management solution for telecommunications drives significant benefits, such as:

  • Reduced costs, maximized revenue, mitigated risk in a substantiated, verifiable environment
  • Improved cross-referencing of off-net spend
  • Improved vendor obligation and commitment management (agreements, quotes, rates, etc.)
  • Mechanized RFx (e.g., request for quote) processes
  • Consolidation of multiple departmental processes and systems into one integrated solution and seamless, simplified process
  • Enforced business rules (e.g., sourcing from only approved vendors)
  • Supported verification historical cleanup and reduced errors (e.g., status, match, lookup and link)
  • Enhanced compliance (e.g., accrual of un-invoiced supplier charges)
  • Improved data visibility (e.g., fact-based supplier negotiations, network optimization, etc.)
  • Improved employee satisfaction/morale in impacted organizations (e.g., supply services)

ASC vendor contract management solutions help telecoms better manage contracts, improve wholesale vendor relationships, increase margins and improve overall communications operations.

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