Procurement teams
Manage all your supplier contracts centrally and collaborate seamlessly with other teams.
Are you still using traditional procurement tools that work for you?
Traditional procurement tools like SAP Ariba are powerful but rigid, expensive and isolated from the rest of the organisation. Contract management becomes an internal IT project instead of a business advantage.
- Only accessible to the procurement department, other teams miss context
- Limited to supplier contracts where procurement is actively involved
- Often complex tools that require training and IT support
- Rigid and inflexible: adapting takes months and large investments
- Isolated approach: no integration with other departments
Features for procurement teams
Everything for professional supplier management, without the complexity of traditional tools.
Every supplier contract in one register
Search by supplier, type or term and see what is running. You walk into a renegotiation with the full picture instead of whatever you could still find.
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Notice periods that announce themselves
Tasks appear automatically at the moment you choose, for instance three months before the cancellation date. No contract rolls over silently because nobody remembered.
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Supplier risks you can actually steer
Record per contract what you risk from an outage, a price rise or dependence on a single party. With an owner and a deadline, so something actually happens.
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How it works
Centralise, automate and collaborate, in three steps.
Centralise your supplier contracts
Bring all supplier contracts together in one place, including attachments and correspondence.
Set expiry notifications and tasks
Automatic alerts for approaching expiry dates, so you never miss a silent renewal again.
Collaborate with finance and management
Give finance and management direct access to the information they need.
In practice
The negotiation started too late to negotiate.
The best moments to improve a supplier contract are well before renewal. In practice a contract often surfaces only once the notice period has passed, leaving nothing to do but sign. Agreed SLAs are rarely measured consistently either, so you arrive at the review without figures.
Looop puts every renewal on your agenda well in advance, so you come prepared instead of pressured. Record KPIs and SLAs per contract and Looop creates tasks automatically when they're due to be measured. That way you negotiate on facts.
Live, with a deliberate intake.
Supplier contracts that renew automatically cost money. One prevented renewal often pays back the introductory rate.
Live product
Contract register, workflows, e-signatures and Nora AI are in daily use. No beta, no test environment.
At most 8 a month
We take on at most 8 new organisations a month, so everyone gets personal onboarding: migration, setup and the first workflow.
Introductory rate
The first organisations in each sector get an introductory rate for their first contract year.
Monthly feedback call
In return, one short feedback call a month. Your feedback goes straight to the product team.