The contract process always starts with contract requests, which when handled efficiently, can offer up lucrative ideas and revenue opportunities.
But in today’s fast-paced world, where there are several mediums for communication, multiple conversations flowing simultaneously about a single project becomes challenging to decipher — lines get crossed, points get missed and contract lifecycles become unnecessarily extended for your HR and legal teams. Multiple that times the number of projects you’re working on, and it quickly becomes a headache.
smartContract’s centralized platform for contract requests allows organizations to efficiently automate their contract process. Our intuitive Contract Management Software built on SharePoint (SharePoint 2013 and SharePoint Online Add In) prioritizes contract requests based on the user defined criterions, enabling workflows that assist managers to quickly make decisions about which contracts to proceed with first.
smartContract enables users to quickly and easily create pre-approved contract drafts from their template libraries. With a dynamic work engine, one of the primary assets of smartContract, automated workflows are generated to bring in speed, discipline and efficiency to the CLM approval process.
CONTRACT REQUEST FEATURES
Allow Business users to submit contract procurement request using pre-defined templates with standard clauses mapping in Microsoft Word
Define & prioritize the Contract request terms to trigger conditional workflows for assignments to stakeholders, for request review & approvals
Document Template Creator
Enhanced management and creation of Contract templates for contracts, solicitations & vendors (such as agreements, policies & amendments
Contract Amendments & Revisions
Dedicated Contract workspace library to create, capture, store, link and archive all contract documents, amendments and contract revisions
Quickly access files and documents through contract library with free text search box, but with contract permission rights based – secure access & retrieval
Dashboard and Reporting
Access all key information & events directly on dashboard, Dynamic activity wall keeps you updated on latest activities & actionable required
smartContract – Contract Request Feature Benefits
Web Based Access for Contract Management with SAAS or On – Premise solution deployment
Unlimited number of Contract Storage with Permission based security access & retrieval
Manage any type of contract, committal or agreement with multiple independent templates
Create custom contract data fields integrated with request forms & contract templates
Link to related contracts, committals and agreements with complete history
Upload Vendor specific Contract while request submission with supporting documents
TAT calculation based assignment to Legal team for quick & easy drafting of Contracts
Provision to add/edit/upload revised Contract Drafts at each review phase by stakeholders
Real time email notifications, Activity wall to sync on team updates