Supply Chain
Connecting Trust Across Every Transaction
…
When transparency governs, trust follows.
Beyond bid management —
toward governed, connected supply chains
50%+
still use Excel/PDF/email
83-day
avg. payment delay
$52.6M
avg. dispute value
40%
procurement effort low-value tasks
70%
lack supplier insight
30%+
material price volatility
Better estimates feed better plans — and together, they set up smoother execution.
Introducing Nexplore Minerva
manage the contracts with subcontractors, vendors and suppliers
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Setup and Manage Subcontractor
Setup and Manage Subcontractor
Upload contractual documents, assign a cost code and subcontractors are setup.
Variations
Variations
Can be submitted anytime by either the subcontractor or contractor. The approval workflow allows for instant approval or rejection.
Progress Monitoring
Progress Monitoring
Track and record subcontractor’s progress. Accruals are automatically calculated, and through APIs, the data can be sent to your ERP system.
Payment Claims and Certifications
Payment Claims and Certifications
Subcontractors can submit payment claims directly with amounts based on the uploaded Bill of Quantities. Approval audit trail provides visibility on claims processing.
Integration into Business Intelligence Reporting
Integration into Business Intelligence Reporting
Easily setup project and corporate level reporting including: Certified totals over time, certified forecast overtime, accrual over all projects.
Introducing Source2Contract
going beyond payments to ensuring quality in your procurement process.
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Project Procurement Planning
Project Procurement Planning
Identify the work packages, including bill of quantity, scope and description, for all corresponding documents.
Request for Quotation
Request for Quotation
Generate request for quotations to suppliers and subcontractors allowing them to submit a bid for a specific work package.
Quote Comparison
Quote Comparison
View a summary of the feedback and quotations received from all suppliers and subcontractors in response to and RFQ..
Negotiation and RFA
Negotiation and RFA
Ability to seek further clarification and additional details from suppliers and subcontractors leading to a request for award for the winning bidder.
Supplier Performance
Supplier Performance
Close the loop and provide document supplier performance for further consideration in future RFQs. Reviews quality, timeliness, compliance and reliability.