Supplier data is keyed in by hand.
Someone copies each contract’s values and dates into the source-to-pay platform or a spreadsheet, and one late update leaves the record wrong.
Nomio for procurement
Clean contract data for procurement, without the data entry.
Nomio is the contract data layer for your business. We turn your supplier contracts into clean, verified data, so procurement can see each supplier’s terms and renewal dates in the tools it already uses.
Procurement runs on supplier data. But most of it is typed in by hand and out of date.
Contracts never reach procurement.
Contracts are signed all over the business and saved wherever their owners keep them, so procurement spends its time chasing them up.
Auto-renewals slip past.
Miss a notice deadline and a supplier contract renews for another term, at a price you meant to renegotiate.
Supplier risk takes months to find.
Finding which suppliers can raise prices with inflation, or where liability is uncapped, means reading every contract, so the review rarely happens.
Every contract, as clean data.
Found, organised, verified, and kept up to date by us, not you.
“We just don’t have to worry about uploading contracts. It just happens perfectly every time, all the time”
Supplier management
Every supplier contract, in one place. Organised the way you manage suppliers.
We find your supplier contracts wherever they sit and extract the terms procurement works from, with our team checking every value. Tag suppliers by tier or category and see each one’s contracts side by side.
“The use of tags on agreements has been a revelation for us because it helps us separate and aggregate certain agreements together by the use of a single phrase or word, which is fantastic.”
Connected
Key data that plugs into your procurement tools. And stays in sync as contracts change.
Nomio sends verified supplier terms into Coupa, Zip, SAP, or Oracle, from contract value and payment terms to notice dates and liability caps. Your purchasing workflows start from the contract instead of a record someone typed in.
“It is literally a drag and drop solution. 24, 48 hours, that document appears in your database, which is absolutely fantastic.”
Proactive
Get ahead of supplier risk. Know where you’re exposed before it costs you.
See which suppliers can raise prices with inflation, or which contracts leave liability uncapped, across the whole estate at once. Plan renegotiations from what the contracts say, before a price rise forces your hand.
“In the past, it was two months of evaluation to understand where our inflationary risks are. With Nomio, that can be done in a matter of hours.”
Renewals
Stay on top of every auto-renewal. Notice dates worked out for you, in time to renegotiate.
Nomio works out each renewal date and notice deadline from the contract terms, including the ones a contract only implies, and emails you what’s due each week. Renegotiate the suppliers you want to keep and give notice on the rest in time.
“We had a few cases where we had missed renewals or been late, which were commercially detrimental. Nomio helps avoid commercial pitfalls like that.”
Accurate contract data, everywhere it’s needed.
Every team that deals with a supplier works from the same terms. Notice dates reach the people who own each supplier, and contract values and liability caps reach your reporting, each one traceable to its contract.
Why there’s nothing better than Nomio on the market.
“It’s taken a load of work away from our procurement team”
Joseph Harrison
Head of Procurement Operations, AA
