Overview
  Spend Intelligence
  Supplier Relationship
Management
    Supplier Management Portal
    Contract Manager
    Supplier Performance Manager
    Supplier Risk Management Services
    Procure-to-Pay Process Manager
    Supplier Locator
    Tier-2 Spend Manager
 
 

TIER 2 SPEND MANAGER

 

 

CVM advantage

Benefits to you

Leverage CVM expertise

• Purchase software and benefit from our program set-up expertise

• Outsource all or part of your Tier 2 program execution

• Choose the option that best suits your organization

• Rely on software that incorporates best practices from some of the world’s leading Tier2 programs

Configure the software to meet your program goals

• Customize the definition of “verified” to include client-defined certifying agencies

• Establish a uniform reporting calendar/schedule for your prime supplier to report Tier 2 spend

• Benefit from a feature-rich, fully integrated web portal for complete data entry

• Rely on intuitive, wizard-style forms for supplier data entry

• Validate Tier 2 supplier data for diversity attributes

• Improve the overall accounting of your supplier diversity program

• Ensure that smaller companies have a second opportunity to work through the Tier 2 system

• Your prime suppliers can assist you in reaching and supporting more diverse businesses

• Set goals by total diversity spend or by client-specific spend goals

Facilitate administration with automated workflows

• A completely automated workflow surrounds your n-Tier diversity reporting

• Take advantage of automatic, real-time verification of certifications for diverse suppliers

• Reporting periods are visible at each step of the reporting process

• Facilitate program administration and reduce cost

• Ensure program compliance

Automatically communicate program goals and timelines

• Use customizable templates for program announcements, prime and current supplier invitations

• Functionality simplifies communication with suppliers, administrators, and internal clients

• Automated e-mail notification functions facilitate communication with suppliers and ensure information is updated

• Automatically send reporting notifications and reminders

• Invite prime suppliers to participate and report

• Your prime suppliers will file their electronic reports on time

Integrate with the CVM diversity database for full-cycle reporting and analysis

• Obtain interactive reporting on all Tier 2 Data – drill down, drag-n-drop (ad hoc)

• Obtain comprehensive n-Tier spend reporting, with standard and interactive reports on Tier 2 spend

• Generate direct and indirect spend reporting by diversity category or other combinations

• Report total sales/purchases to compute allocation factors and validation

• Report direct spend by contracts between client and prime supplier, or by LOB

• Benefit from total and detailed visibility into Tier 2 diversity spend

• Ensure your prime suppliers are adhering to government regulations on their Tier 2 contractual obligations

• Extend the Tier 2 program deeper into your supply chain

• Validate and audit the program against goals

 

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