In today’s economic climate, corporations are striving to efficiently manage their supplier diversity programs in order to save money, adhere to governmental regulations and advocate diverse supplier utilization. As supplier diversity programs mature, companies now realize in order to meet their goals, it is essential to track and report supplier diversity performance that goes beyond prime suppliers. CVM DiversityQuest has developed the most innovative and functional module to assist you in managing your 2nd Tier supplier programs.

The CVM DiversityQuest 2nd Tier Reporting provides you with a wealth of data and technology that enables you to:

Identify current minority and women-owned suppliers Designate your prime contractors Organize prime contractors goals by demographics Assign internal accountability structures Collect and report on direct and indirect spend for prime contractors and sub contractors Verify and enrich supplier (prime and sub) classification

This fully integrated and web-based 2nd Tier module offers you standard features including:

A complete automated workflow surrounding your n-Tier reporting Intuitive, wizard-style forms for data entry by your prime contractors: Separate direct and indirect spend reporting Separate reported spend vs. verified spend Reporting direct and/or indirect spend by subcontractor or diversity-category If reporting at subcontractor-level, system “remembers” Subs used by each prime contractor to make data entry easier Functional data import wizards to allow you to import your expenditures by prime contractors 2nd Tier supplier validation (for Diversity attributes) Canned and interactive reports to show your 2nd Tier spend by: Reported vs. verified 2nd Tier spend Prime supplier including progress-against-goals Reporting period Client’ organizational unit Client’ commodity hierarchy Ethnicity, geography (City, Metro-area, State of Supplier)

… and more

Advantage™ solution is available 24/7 via a secure web-portal and provides you with the ability to increase your enterprise-wide spend visibility of diverse suppliers. This will improve your overall accounting of your supplier diversity program and ensure your prime suppliers are adhering to governmental regulations on their 2nd Tier contractual obligations. CVM Solutions is your clear choice for comprehensive vendor management.