How Stena Metall gained full control of spend with Ignite
Discover how Stena Metall used Ignite to gain full control over spend, improve contract compliance, and drive strategic decision-making across the organization.
Contract Intelligence
Get more out of the contracts you’ve negotiated.
Procurement teams spend months negotiating contracts. Then they’re stored in folders and rarely used. Ignite connects contracts to your suppliers and spend, so negotiated terms turn into lower risk and real savings.
Customers have seen contract coverage increase by 30+ percentage points
You negotiated the contract. Now what?
Procurement works hard to negotiate pricing and terms. Once signed, contracts are often stored away and rarely used.
Lost in systems
Contracts live in SharePoint or systems built for legal and finance, not procurement.
Terms go unused
No clear view of whether negotiated terms are actually being used.
Decisions need context
Hard to decide whether to renew, renegotiate, or exit, even with all the data you have.
Negotiating from memory
When it’s time to renegotiate, you’re piecing everything together from scratch.
Ignite Intelligence
With Ignite, contracts stop being something you store, and start becoming something you use.
The old way
- Contracts stored in folders
- Key terms buried in documents
- Spend disconnected from contracts
- Renewals tracked in spreadsheets
- Renegotiations require manual prep
The Ignite way
- Contracts connected to spend and performance
- Key terms extracted and easy to find
- Clear contract coverage acrossspend
- Renewals visible early
- Full context before renegotiations
AI Powered
When contracts are usable, work changes
Ignite makes your contracts easy to find, connected, and ready to act on, from the moment they're uploaded.
Find the terms you need in seconds
AI extracts key terms on upload, so you can quickly find information like payment terms and dates, without spending hours searching through documents.
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Increase contracted spend
See how much spend is actually under contract, by supplier, category, and business unit, and identify where negotiation agreements aren’t being used.
Book demoWalk into renegotiations with full context
See contract terms alongside spend and supplier performance, so renegotiations are faster, better prepared, and grounded in data.
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Stay ahead of renewals
Get early visibility into upcoming expirations, so you avoid rushed decisions and negotiate from a position of control.
Book demoFollow up on payment terms
See how terms are distributed across your supplier base, so you can standardize them and improve working capital.
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"The onboarding was hands-on and pragmatic, with a dedicated customer success manager who understood our business and challenges, allowing us to get useful insights quickly."
“With 1,500 suppliers and ESG criteria included in our assessments, there’s no way to identify which of our suppliers stand out without a good solution — you need a tool to collect, harmonize, and utilize this information.”
"Ignite dynamically displays updated spend data tailored to each situation. Whether we’re preparing for a supplier evaluation or managing a category, Ignite helps us find and display the data in a way that drives better results."
"Ignite stops the drudgery of maintaining and updating complex data sets. It lets us focus on what we do best - discovering areas for improvement, defining strategies, and making data-driven decisions."
"Ignite helps us manage our spend, making it easy to work fact-based with procurement across all our business units and categories.”
“We chose Ignite because the platform provides us with a great overview and rich analytics capabilities, as well as having all data collected in one place - which is the best starting point for actionable analyses and covering all emission categories."
“Working with Ignite has been instrumental in our ESG journey. Ignite is easy to use, and we were able to efficiently calculate our Scope 3 emission estimates. We got valuable insights into our suppliers which helped us focus on areas we needed to work on."
Commonly asked questions
Answers to the questions we hear most from procurement teams. Still have one? Book a demo and we'll walk you through it.
How does Ignite help with renewal and renegotiation decisions?
Most teams make these calls by pulling together data from multiple places. Ignite gives you the full procurement picture in one place. So when it's time to decide whether to renew, renegotiate, or exit, you're working from everything you know.
Can we see which contracts are actually being used?
Yes. Most contract systems can't tell you this because they're disconnected from the rest of your procurement data. Ignite connects them, so you get a clear view of which agreements are being used and which business units or categories are going off-contract.
How does Ignite handle contract expiration?
Set up alerts to be sent on a specific date, whether that's a reminder to review a renewal in five months or a prompt to book a meeting with the supplier before terms expire.
Can Ignite extract key information from contracts automatically?
Yes. Upload a contract and our Contract Extraction agent pulls key terms automatically, including start and end dates, payment terms, supplier, and more. Just review and approve.
Can we control who sees which contracts?
Not every contract should be visible to everyone. Ignite lets you set permissions, either public so all users can access it, or restricted to only the people who need to see it.
Bring your contracts back to work.
Most negotiated terms never get used. Ignite makes sure yours do.