Handshake modules
What can you do with Handshake?
Supplier relationship management
Maintain a central record of every supplier relationship - including contact information, commercial agreements, performance metrics, and communication history.
Branded contracts
Store, modify, and track all branded supplier contracts and terms in one secure place. Promotional plans, cost prices, volume-based rebates, payment terms, and more.
Open-book models
Manage open-book supplier arrangements with full cost transparency, with joint tracking of input costs, margin components, and agreed assumptions.
Own-brand contracts
Manage all own-label contracts and tenders from creation to renewal, including commercial terms, specifications, and quality standards.
Cost Price Increase (CPI) management
Streamline the review and approval of supplier cost price increases with automated workflows and a clear audit trail for every decision.
Joint Business Plans (JBP)
Plan, track, and report on Joint Business Plans - creating investment “pots,” linking them to activities, and monitoring progress against agreed targets.
Agreement programs
Coordinate category wide initiatives - from JBPs and annual plans to sustainability or working capital initiatives - by setting milestones, allocating targets, and tracking delivery in real time.
Reporting and dashboarding
Access real-time dashboards and AI-generated summaries of past and ongoing commercial agreements and performance.
Financial income forecasting
Forecast supplier income, rebates, and trade investments accurately based on live contract data.
Approval management
Automate and standardize internal approval workflows for contracts, cost changes, or funding requests.
Compliant instant messaging
Communicate directly with suppliers through secure, auditable chat - and keep negotiation history organized and fully compliant.
Calendar
Set general or negotiation-specific deadlines and milestones across internal category teams and suppliers to keep everyone aligned on key dates.
Task management
Assign, track, and complete tasks linked to contracts, agreements, or supplier programs to improve accountability and reduce manual follow-up.
Contract compliance
Monitor contract compliance actively with reminders of upcoming actions and automated alerts for contract leaks.
