PeopleSoft Enterprise Supplier Contract ManagementOracle's PeopleSoft Supplier Contract Management creates, maintains, and enforces better Supplier contracts. It is a key component of Oracle PeopleSoft's Supplier Relationship Management (SRM) system, the integrated Procurement suite that dramatically reduces supply management costs. PeopleSoft Enterprise Supplier Contract Management manages the entire supplier contract lifecycle, from authoring, collaboration, and negotiation to execution, status tracking, and compliance. Effectively managing the entire supplier contract lifecycle is critical in reducing spend on goods and services by enforcing contracted pricing with embedded terms and conditions.