Contract Management : Controls the Entire Lifecycle of Contracts
The contracts control and management by an organisation positively affects the company's financial performance and its exposure to risk. The main challenges facing procurement professionals focus on the difficulty in ensuring the fulfilment of contracts, loss of trading opportunities, low visibility on decentralised information and legal risks.
Fostering a dynamic management, ensures total visibility over a contract, from its creation until the payment. This solution significantly improves the performance of the contract through the visibility generated by the creation of reports, simplifying the contracting and administrative procedures.
1# Creating Contract
After auto-import from the list of customers, configure the contract to create by associating the desired type of approval.
2# Attaching Documents
Associate all kinds of documents to the contract created keeping information organized.
Submit created contracts to a cycle of internal approval, send them to customers and simultaneously monitor all stages of the process.