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Ace Hardware Corp. operates 15 distribution centers in the United States and has nearly 5,000 stores located throughout all 50 states and in 72 countries. By deploying Selectica's Contract Performance Management solution, Ace was able to eliminate its inefficient, manual processes to create a centralized contract repository that enables the company to leverage optimal procurement terms for the corporation, improve visibility into contractual obligations, avoid penalties, and streamline procurement operations.
Benefits Snapshot:
- Delivers immediate savings of $150K in a matter of days.
- Achieves control in four weeks - including contract amendments and signature authorization pages.
- Enables Ace to control the procurement of capital assets and centralize purchasing decisions.
- Manages portfolio with a value of over $40M.
- Creates business rules and workflow so all departments have appropriate visibility.
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