Altius have continued to help business globally with their supplier compliance, following the work the Altius team have been doing alongside a Fortune 150 consumer packaged goods company, based in the USA.
The company were looking for a systematic solution to replace existing manual processes for managing service supplier compliance. They were looking for a solution that was flexible enough to be tailored to meet their needs, while avoiding the pitfalls of a custom solution.
On completion of an extensive assessment into their existing supplier compliance process, it became increasingly clear that the use of spreadsheets, emails and paper notes were effective but inefficient. It was also becoming impractical and too dependent on individual diligence to do a thorough job.
To streamline their internal processes, Altius offered a demonstration of the supplier compliance software, Exigo. Exigo was designed by the Altius team to aide clients as they manage compliance across their supply chain, while providing a real-time and collaborative solution that will scale with their business.
After reviewing other available systems, the US-based company chose Altius’ system due to the benefits to their internal supplier managers and its efficient triggered system, which once set-up, requires minimal manual input, unlike other systems.
The Exigo system was also praised for its ability to:
- Provide clearly defined responsibilities to the internal team
- Provide ‘real time’ visible reference for the current status of suppliers’ compliance
- Help with the supplier audit trail and to assist the internal audit team
The initial pilot system was launched in early 2013 for data testing, with the roll-out being supported by small groups of classroom training sessions. Over the past four years, the system has expanded to now include over 50 key service suppliers and worked through three major system upgrades as the platform has evolved to meet new industry standards. This has been supported by continuous ad-hoc training as new suppliers are ‘on-boarded’.
This has been a hugely successful implementation for both Altius and the client. The company’s Supplier Manager said on Exigo and the support from Altius, “With this system we have, for the first time ever, a real-time holistic view of the compliance status of our service supplier base.”
“In addition, it clearly communicates to both our suppliers and ourselves, exactly what the compliance requirements are, when they are required to be completed and the status (complete/incomplete) of each individual requirement.”
“This has also been a tremendous efficiency improvement and has allowed us to reallocate our time and resources to more strategic work.”
Exigo, Altius’ supplier compliance software aims to give clients total supply chain compliance management. Exigo includes a host of features and tools to help you manage areas such as supplier on-boarding, risk profiling, pre-qualification, contractual compliance, audit management and performance monitoring. Exigo also features:
Automated Processes and Workflows
All processes and workflows are fully automated with email and actions alerting users to what needs to be done, and when.
Real-Time Status Tracking and Reporting
Exigo provides a current view of your suppliers’ status so that you can see at a glance where your issues and risks lie.
Ready Made Templates
An extensive library of templates provides a solid starting point to get you up and running quickly and easily.
To see why a Fortune 150 company has had success with Altius Exigo, and to see if you can benefit from the supplier compliance software too, request your free demo with the Altius team today.