Supplier Diversity Products
Leverage CVM Expertise
CVM advantage
- Purchase software and benefit from our program set-up expertise
- Outsource all or part of your Tier 2 program execution
Benefits to you
- 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
CVM advantage
- 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
Benefits to you
- 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
CVM advantage
- 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
Benefits to you
- Facilitate program administration and reduce cost
- Ensure program compliance
Automatically Communicate Program Goals and Timelines
CVM advantage
- 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
Benefits to you
- 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
Reporting and Analysis
CVM advantage
- 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
Benefits to you
- 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