Transform the way you engage your vendors

Whether you're a commercial or residential builder; infrastructure, asset maintenance or EPC contractor, Felix can help. 

felix for construction
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Vendor management challenges

Construction companies are relying on increasingly complex supply chains, which puts pressure on operational teams to prequalify vendors, manage HSEQ compliance, social impacts and performance across multiple projects. Some common risks include:


  • Suppliers' insurance and licenses expiring while engaged
  • Operational teams circumventing procurement processes
  • No central source of truth for vendor business and compliance information
  • Project teams and suppliers spending time on low-value tasks
construction industry

No control over the sourcing process

Geographically dispersed teams are caught up in inefficient or non-transparent sourcing processes. Meanwhile, time sensitive requirements often result in shortcuts when it comes to compliance.


  • Increased project costs due to non-competitive bidding processes
  • Project delays as a result of cumbersome internal approval processes
  • Significant time spent evaluating quotes based on price, Indigenous/local engagement, financial stability etc.
  • Centre-led procurement processes being ignored
no control sourcing

Did you know?

1 in 5
voluntary administrations were construction related in 2019
~80 %
of all construction work in Australia is done by subcontractors
1 %
annual productivity growth of the global construction sector despite large GDP contribution

Designed for Construction

  • Vendor Information Management
  • Single Source of Truth
  • Established Rates

Vendor Information Management

Vendor Information Management

Increase the vendor onboarding process efficiency while improving collaboration and visibility:  

  • Tailored prequalification workflows based on risk profiles
  • Streamline the approval process from relevant internal subject matter experts (e.g. HR, HSEQ)
  • Vendors have their own account to maintain their information, saving admin time on both sides

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Felix_Product_Screens_2020_Know_your_Vendors

 

Single Source of Truth

Single Source of Truth

Access a single source of truth for all vendor data. This allows organisations to have greater oversight of their supply chain to inform better and quicker decision making whilst driving internal collaboration. 

Quickly and easily segment your supply chain via location, tag (e.g. Local and Indigenous content, Social Enterprise, Modern Slavery etc.), performance score and panel 

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vendor-1

 

Established Rates

Leveraging Established Rates

Capture negotiated rates in standardised formats from the moment vendors are onboarded, giving you the best chance of realising the savings while ensuring compliance. 

Your team can then leverage these negotiated rates with rapid sourcing - a feature built specifically for low value (under threshold), high frequency transactions, e.g. traffic management, labour hire, plant hire.

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rapid sourcing

Minimise your risk, maximise your relationships

Agile, flexible, trusted. Learn how Felix can bring smarter procurement processes to your business with a purpose-built solution.

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