Audience
Companies interested in a blockchain platform that helps run procurement activities using tokens and Smart Contracts on a public blockchain network
About EY OpsChain Contract Manager
Procurement is the primary function through which organizations interact with external business partners. While supplier and buyer networks alike have become increasingly complex, the technology used to manage these networks is based on legacy applications and processes. Procurement teams are very good at negotiating agreements but struggle to effectively execute them. Historically, legal, procurement, supply chain, and finance have all operated in a loosely coupled and internally optimized environment inside the enterprise, and traditional ERP systems struggle to handle business rules and volume discounts in procurement across multiple divisions, subsidiaries, and partners. The complexity of today’s contract execution requirements creates a material amount of contract leakage for large organizations, resulting in a gap between negotiated and realized savings.
Other Popular Alternatives & Related Software
ProcureSens
ProcureSENS is a next-generation e-Sourcing solution with a built-in contract negotiation module to address the challenges of the large-scale Source-2-Order process. Integrate ProcureSENS with existing ERP to seamlessly execute your sourcing cycle. ProcureSENS replaces your current piecemeal processes with a seamless framework that optimizes the way you engage with suppliers and run competitive sourcing events of all types. Traditional sourcing technology solutions face adoption challenges and hence limit value realization. ProcureSENS not only overcomes this challenge, it also accelerates value realization using our unique Smart-FIT implementation approach. Efficient and advanced purchase and selection process. The comprehensive procure-to-pay solution addresses complicated order fulfilment and payment difficulties with an in-built PO to Invoice exception control structure.
Learn more
Clear Contracts
Easily form and manage DAOs. Access a community-led smart contract library to execute specific transactions, facilitate voting, and manage proposals. Provide exclusive access to special content, voting, and more to NFT holders. Easily create utility for your Cardano NFT project. DAOs, individuals, and businesses can utilize our escrow service. Easily enter into secure agreements by filling out a simple online form. Smart contracts are transparent, self-executing computer programs. Smart contracts can do anything from creating and governing decentralized communities to facilitating automated transactions. Instead of complicated Plutus programming, simply fill out basic forms to create and deploy custom Cardano smart contracts. We provide audited templates to versatile smart contracts that are the backbone needed to create decentralized applications and communities on the Cardano blockchain.
Learn more
Tenderly
Comprehensive Ethereum developer platform for real-time monitoring, alerting, debugging, and simulating Smart Contracts. Sort and group transactions by any parameter you want and make it easier to explore and analyze robust data. Inspect the transaction execution with a couple of clicks and instantly find the line your transaction reverted on. See the state of your contract at any point in a transaction and explore state changes in a granular view. Visualize and analyze the behavior of your Smart Contract to spot patterns and gain a deeper insight into transaction data. Any time an event triggers your custom set of rules you will receive a notification on your favorite channels like Slack, Email, PagerDuty, etc. Get a granular gas usage breakdown to help you optimize your Smart Contracts and lower the gas cost of your transactions. Know how your transactions will behave before you execute them, estimate the gas usage and test potential bug fixes.
Learn more
OpenPort
Suppliers, transporters & multinationals, ship your goods with an irrefutable record of delivery for the fastest route to settlement. OpenPort’s smart contract platform enables our real-world transport management technology to record shipment events in real-time. OpenPort has built a neutral and digital network for enterprise logistics in emerging markets. The Open Enterprise Logistics (OEL) model features a neutral marketplace for transport procurement where transporters publish rates and collaborate directly with large shippers for tenders, both for smart contracts and on-demand ad-hoc transport procurement. Independent data-driven performance ratings are assigned to the transporter and shippers can negotiate their procurement directly while gaining unprecedented visibility and tracking. We have direct integrations whereby delivery requests from the shipper’s ERP are executed in OpenPort’s OpenTM (transport manager), consolidated and dispatched using the OpenDispatch tool.
Learn more
Integrations
No integrations listed.
Company Information
EY
United Kingdom
www.ey.com/en_us/blockchain-platforms/contract-manager
Videos and Screen Captures
Other Useful Business Software
Auth0 B2B Essentials: SSO, MFA, and RBAC Built In
Auth0's B2B Essentials plan gives you everything you need to ship secure multi-tenant apps. Unlimited orgs, enterprise SSO, RBAC, audit log streaming, and higher auth and API limits included. Add on M2M tokens, enterprise MFA, or additional SSO connections as you scale.
Product Details
Platforms Supported
Cloud
Training
Documentation
Videos
Support
Online
