Contract Lifecycle Management Solution using SharePoint, .NET and Microsoft SQL Server to address construction and engineering sector in Malaysia.
Modules include:
a. Creation of new contract with milestones and deliverables.
b. Vendor registration and management
c. Alert and notifications for upcoming and overdue deliverable.
d. Payment tagging with each milestones.
e. Approval workflow to review deliverables and approve payment.
Within each stage of a contract’s lifecycle, our CLM software employs automated contract workflows that are customized to your business needs.
Maximize results, increase collaboration, boost productivity, and improve return on investment in your business with our SharePoint-based Contract Management System.
9 Must-Haves for an effective Contract Management –
1. Requests for Contracts
Make it a priority to know which contracts come first by receiving request approvals by department and contract amount. An organized contract intake and request process results in increased visibility, security, and reduces miscommunication.
2. Searching and Reporting
With contract management software, you can find what you need quickly and generate real-time reporting. Our software is equipped with customizable, filtered searches that make the hunt for obscure details simple.
3. Document Storage
With a centralized contract repository, store contracts and supporting documents in one location on your intranet. Our cloud-based contract repository is ideal for efficiency, security, and time management. A contract repository provides several benefits to your overall business strategy, such as increased data cohesiveness, accuracy, and compliance.
4. Create, Review, and Approve
Manage contract workflows so every stage of a contract’s lifecycle is prepared for success. By automating contract workflows, you create a standardized and consistent process for contracts to follow, notifying specific people or parties of which actions to take and when to take them. Contract creation, reviews, and approvals are easier and more collaborative than ever with customized, automated contract workflows.
5. Electronic Signatures
Clients can use eSignature technology to provide their signature on any device at any time, anywhere. In this way, turnaround times are greatly reduced, keeping contracts on or ahead of pace.
6. Priority Management
Track obligations and manage your contractual responsibilities with auto-reminders and audit trails. Enable various notifications, reminders, and alerts so you never miss a renewal or expiration date again. With audit trails, easily track document locations and version changes.
7. Synchronized Dashboards
With our user-friendly dashboard, have all your contract lifecycle management details at your fingertips. Follow contract lifecycles in real-time so you can stay updated and keep tabs on metadata, workflow histories, and reports.
8. Negotiate
Track the changes in the negotiation process with version control, track changes, and redlining items within your contract lifecycle. With automated contract lifecycle workflows, the flow will adjust according to specific negotiation details.
9. Renewal Reminders
Receive automatic reminders for unused contracts and renegotiate as needed. Enable this feature for various renewal reminder needs so you stay proactive and in the know at all times.
