Overview
What is Conductiv?
Conductiv is a contract lifecycle management platform designed to assist supply chains in negotiating contracts and enhancing relationships with their external workforce. This solution caters to businesses of all sizes in various professions and industries, including supply chain management, procurement,...
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What is Conductiv?
Conductiv (formerly Medpricer, before the 2019 acquisition by Premier, Inc) helps supply chains optimize their third-party services as a third-party lifecycle improvement company. Conductiv shares its strategic sourcing expertise and category best practices with multiple industries including…
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Product Details
- About
- Tech Details
What is Conductiv?
Conductiv is a contract lifecycle management platform designed to assist supply chains in negotiating contracts and enhancing relationships with their external workforce. This solution caters to businesses of all sizes in various professions and industries, including supply chain management, procurement, contract management, human resources, and healthcare.
Key Features
Conductiv ContractsTM: According to the vendor, this feature enables users to expedite sourcing timelines and connect with suppliers vetted by committees. It offers optimized terms and conditions based on category best practices and grants access to a catalog of service agreements approved by committees with national service providers. Users have the flexibility to choose from options such as express contracting, locally initiated contracting, and incumbent contracting.
Conductiv® Platform: The vendor claims that this feature is a comprehensive software solution for managing the lifecycle of purchased services. It facilitates transparency and helps users achieve savings targets through automation. Users can manage project intake, gather stakeholder requirements, track spend by category, and streamline negotiations. The platform serves as a centralized hub for all contract lifecycle management tasks.
Conductiv® Services: According to the vendor, this feature offers the expertise of sourcing strategists with over 15 years of experience in purchased services contracting. These strategists collaborate with organizations to alleviate their workload and enhance sourcing capacity. The services can be customized to meet the unique needs of each organization, providing support in areas such as augmentation, communications, and category expertise.
Customer Success Managers: The vendor provides Customer Success Managers who impart sourcing expertise and assist in developing in-house capabilities over time. These managers support tasks such as contract renewals, consensus-building among stakeholders, and achieving savings targets. The objective is to strategically enhance contract lifecycle management capabilities within organizations.
Conductiv Technical Details
| Operating Systems | Unspecified |
|---|---|
| Mobile Application | No |
