Our Contracts Management solution automates the contract lifecycle, accounting for every stage of contract management: from creation and reception, to negotiation and approval, to contract renewal, closeout, and archiving. The solution provides a 360-degree view into key pending and current contracts for legal, sales, compliance officers, and key decision makers. Real-time monitoring allows for bottleneck identification and workload distribution, as well as reporting to ensure compliance.
By streamlining the process, you can save time once spent modifying and altering contracts. Our solution gives you the power to generate contracts from approved templates based on the answers to simple questions, saving on manual re-work and ensuring the proper clauses are present. As a contract moves through the process, negotiation and approval occur as a part of flows inside the application. The system intelligently routes tasks and efficiently saves all comments, versions, and approvals.
Integration with other systems ensures that orders use the correct price, and that companies claim the rebates and volume discounts to which they are entitled.
Use clause libraries and improved collaboration capabilities to speed up the authoring process when compared to traditional use of email for redlined attachments.
Free up legal resources to focus on more strategic tasks with automatic reminders of upcoming contract expiration dates and tracking of complex contracts with multiple enrollments, addenda, and amendments.
We can guide your organization through the design and implementation of a Contracts Management solution.
Contact us today.
