Procurement Management

HighRoads Procurement Management automates the procurement, negotiation and renewal of Human Resources(HR) products and services. Flexible capabilities allow for collection and analysis of qualitative and quantitative data including tools for reverse auction, scoring and weighting of questions/data, network discounts and disruption analysis. Flexible reporting and decision support tools automatically analyze and score supplier proposals against pre-determined criteria in order to determine the best supplier, the best plan or service and the best price.

The solution supports the automation of the procurement process for HR products and services with the following benefits:

  • Real-time procurement process visibility management in an on-line environment
  • Workbench where all stakeholders - supplier, employer, consultants – can work together and communicate
  • Collaborative bidding environment and transparent negotiations
  • Weighting, aggregation, scoring, and ranking of all supplier responses
  • Automated side-by-side supplier comparison reports
  • Automated process for re-purposing collected information
  • Transparent, repeatable and auditable workflow process for RFPs, RFIs and renewals
  • Qualitative health and welfare content

The Procurement Management solution also dramatically improves the supplier evaluation process through side-by-side proposal comparison reports and automated scoring tools. Client data collected during the procurement process can be seamlessly passed to any 3rd party organization such as the benefits administrator, eliminating the need to re-enter plan and pricing information during the annual enrollment system implementation.

To see a sample list of services procured through the HighRoads Procurement Management Solution: click here

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