New Features Improve Data Management of Both Projects and Contracts for Healthcare Supply Chain Professionals

San Francisco, CA – January 23, 2017 – SpendVu, a leading healthcare supply chain software provider, announced today the release of its Value Management System (VMS) V3.1. This latest release offers more features that bridge healthcare procurement departments and enables transparent collaboration ranging from clinicians to contract negotiators.

“With this release of VMS, we continue to strive to improve how healthcare procurement teams can be more productive in managing their supply chain activities,” said Deana Del Vecchio, Director of Business Operations, SpendVu. “These new features help our clients better navigate, view and access projects and contracts, improving insight across the organization.”

The key new VMS features in this release include:

Project Implementation. With V3.1, users now have the ability to manage online the progress of project implementations, including tracking responsible parties, target and completion dates, and tasks around the implementation. Now, healthcare organizations have greater insight into the progress of project implementation and rollout, including visibility into acute care facilities that are on schedule vs. behind schedule.

Contract Versioning. Standardized, auto-generated contract numbers is one of VMS’s most powerful features. Now, with the addition of additional security permissions, VMS users can edit the Master Agreement, Document Type, and Agreement Number. This results in better data control and removes the concern when the contract creation order differs from the signature order.

Data Management. Enhancements to the overall user experience for accessing and sharing information include improved note and task functionality so that all informed parties not only know what’s being work on, but also who’s working on it, and when it is due.

VMS V3.1 from SpendVu is available now. As a cross-organization solution for all stakeholders, including clinicians, sourcing teams and the CFO, this release integrates all supply chain activities, starting from work intake and requisitioning, through to sourcing initiative (project and contract) management and contract implementation.