The Sole Source Justification module provides the tools to document and manage exceptions to competitive bidding requirements.
Key Capabilities:
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- Workflow for creating and managing sole source requests
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- Standardized templates for documenting sole source rationale
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- Central repository for sole source procurement records
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- Approval workflows with audit trails
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- Dashboards tracking sole source spend
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- Tools for renewal and re-justification
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- Reporting on sole source compliance
Benefits:
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- Maintain compliance with sole source procurement regulations
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- Improve oversight over sole source spending
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- Enhance transparency into sole source decisions
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- Reduce procurement and compliance risks
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- Optimize processes with workflows and automation
Customer Testimonials:
“We’ve reduced our sole source requests by over 20% since implementing the Sole Source Justification module.”
