What are the core functionalities of contract management software?
Our SaaS based contract management software solution creates a centralised cloud repository to hold all your contracts. The relevant documents, attachments and profiles are well-aligned to be searched at any point of time. An easy-to-use platform to deal all aspects of a contract and configure processes matching business requirements. It allows generating forms for definitions, automation rules for workflow, reminder mails, data import and export, application and pricing plugins and capabilities to search and view all contracts.
Authoring and negotiating contract conditions using report rules and intelligent workflows ensures true, updated and reliable information exchange. Multiple people can collaborate together and make changes permitted by the platform and send them to all with attachments, redlining and versions. Execution of the contracts with the status cycle, escalating and de-escalation of the requests for approval and negotiation, tracking amendments becomes easy with real-time visibility and notification alerts. Manage cancellation, renewal, novation, termination and closure terms that are auto-validated and checked at mentioned intervals.