Solutions:

Agreement Management

Fogbreak’s Agreement Management application manages the complete lifecycle of direct material and strategic sourcing contracts. From agreement creation through retirement, this application classifies and structures agreements and associated terms into calculable data. The agreement is then integrated with transactional ERP data to create a new source of information used to improve visibility, predictability, and management of the cross-enterprise performance.

The Agreement Analysis module allows comparison across agreements providing insight into the true financial and operational impact of contract terms and conditions.

Unique to Fogbreak

Fogbreak is the first enterprise solution that combines codified agreement information with transactional ERP data. As the basis for Fogbreak’s Supply Chain Risk Management and contract management solutions, the Agreement Management application enables manufacturers to:

Eliminate unprofitable gaps between customer requirements and supplier commitments
Minimize liability and risk with control and visibility into supply chain execution against contractual expectation and commitments
Reduce costs through increased productivity such as shortened contract negotiation cycles
Comply with regulatory requirements such as the Sarbanes-Oxley Act
Maximize total value of contract by matching suppliers’ performance against contractual commitments


	Solution Architecture Diagram

Capabilities

Best practice library of deep-domain, industry-specific terms and conditions
Pre-built business relationship templates for Vendor Managed Inventory, Build-to-Order, Contract Manufacturing Service Level Agreements
Custom agreement terms and templates
Integrated supplier agreement terms with ERP data, including Bill-of-Materials, Item Master, price, and cost
Full contract lifecycle management, including authoring, editing, keeping history revisions, expiring, and renewing effective dates
Role-based access to agreements by organizations such as legal, procurement, and finance
Audit trails track partner performance against the terms and conditions of their agreements