Case Study: How Redwood Logistics Cut Costs With Gatekeeper's Native NetSuite Integration

Discover how Redwood Logistics transformed its procurement process and negotiated better deals by leveraging Gatekeeper's advanced Vendor and Contract Management Software and its native Netsuite Integration.

The Challenge of Manual Vendor and Contract Management

Redwood Logistics, based in Chicago, specialises in freight brokerage, supply chain, and logistics. Before Gatekeeper, their vendor and contract management process was manual, with each department working separately, and important information like contract details and vendor spending was often lost in the shuffle.

By adopting Gatekeeper’s Vendor and Contract Lifecycle Management software, integrated with NetSuite, they gained clear visibility into contracts, automated alerts, and improved vendor management. This helped them streamline procurement, negotiate better deals, and cut costs.

Introducing Gatekeeper: A Game-Changer for Redwood Logistics

Redwood chose Gatekeeper for its customisable workflows, ability to integrate with their existing NetSuite financial software, and advanced contract alerts. By automating and centralising vendor data, Redwood achieved the following:

• Contract Visibility: Real-time insights into contracts, enabling better decisions ahead of renewals or terminations.
• Vendor Compliance: Improved documentation and onboarding processes for vendor management.
• Cost Reduction: Economies of scale realised by bulk purchasing and streamlined vendor negotiations.

The implementation of Gatekeeper marked a significant shift from manual, siloed operations to a streamlined, automated process.

Integrating Gatekeeper with NetSuite for Seamless Operations

One of the key advantages of Gatekeeper is its native integration with NetSuite, a leading enterprise resource planning (ERP) system. For Redwood Logistics, this integration was crucial in achieving seamless operations across different functions.

"Once we created the workflows within Gatekeeper, and integrated Gatekeeper with NetSuite, we were able to see all this spending for our vendors and align the spending to specific contracts and receive alerts for contracts, expirations that are coming up."

Enhanced Visibility and Automated Alerts: Key Benefits

One of the standout benefits of implementing Gatekeeper was the enhanced visibility into contracts and vendor relationships.

"I think the ROI is the visibility of the contracts and the actual spending."

"We not only have visibility of the new contracts coming up, we can do a better job negotiating those ahead or going to market and finding better deals out in the market."

Additionally, Gatekeeper’s automated alerts helped Redwood stay on top of critical deadlines, such as contract renewals and vendor performance reviews. These alerts ensured that the team could proactively manage their contracts and vendors, rather than reacting to issues as they arose.

Achieving Better Deals and Cost Savings with Gatekeeper

With the improved visibility and streamlined processes provided by Gatekeeper, Redwood Logistics was able to focus more on strategic activities like negotiating better deals with vendors. The centralised platform made it easier to analyse vendor performance and spending patterns, providing valuable insights that informed negotiation strategies.

As a result of these improved processes, Redwood was able to secure more favourable terms from their vendors, leading to significant cost savings. The ability to manage contracts and vendors more effectively also meant that Redwood could optimise their supply chain operations, further enhancing their competitive advantage.

If you want to know more about how Gatekeeper's Built For NetSuite SuiteApp can help your business, book a demo.