Vendor Governance Suite
Transform procurement into a compliant, transparent, and strategic business function.
Why Use AuraTrace™ Vendor Governance Suite?
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Everything You Need to Govern Vendors and Show Oversight.
Three pillars, each built from modules that share one record. Select a pillar to jump to its modules.
Contract and Budget Management
Vendor Governance
- What was contracted, and what changed?
- What was delivered, and what was invoiced?
- None of it linked to the vendor's quality record
- Contract-to-payment traceability
- Fewer invoice discrepancies
- Contractual and quality performance linked
Supplier, master service, and quality agreements with renewals, obligations, amendments, and Part 11 e-signatures.
Scope, schedule, and budget changes approved and linked to the contract, milestones, and spend they affect.
Purchase orders tracked from request to supplier fulfillment through configurable approvals.
Invoices matched to contracts, purchase orders, change orders, and delivered milestones.
- Qualification records fragmented
- Audit outcomes don't affect qualification status
- RFP award rationale poorly documented
- A defensible, evidence-based selection process
- A dynamic approved vendor list
- Qualification tied to audit outcomes
Qualify suppliers with documentation, certifications, audit history, and risk assessments on one record.
RFI and RFP with configurable scoring and side-by-side comparison for defensible awards.
Contracted KPIs and service levels tracked against actuals, with full history for every metric.
- KPIs reviewed without the quality record behind them
- Governance meeting prep is manual; dates, discussions, and decisions go undocumented
- Escalations tracked outside any system
- Oversight is part of the chain, not a parallel log
- Evidence of oversight available on demand
- Escalations visible alongside vendor risk
Delivery, service quality, and compliance feedback that builds each vendor's performance history.
A Vendor Risk Score recalculated as findings, performance, quality events, and financial signals change.
Compare vendors on quality, responsiveness, pricing, compliance, and delivery, scored from operational records.
QBRs and steering meetings scheduled against the contract, with agendas built from live KPIs, findings, and risk scores.
Attendance, decisions, and actions recorded against the records they concern, with dates and owners.
Every purchase order back to the award, the evaluation, and the qualification.
Vendor Risk Scores recalculate as the evidence changes.
Qualification evidence collected once, used across programs and sites.
One vendor record for quality, procurement, and finance.
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