Office 365 and eContracts:
A transformative solution for Contract Digitization
Eliminate paperwork, dependency on emails and move beyond Excel reporting
What Digital Transformation Means for your Contracts?
On the surface, contract digital transformation would mean a centralized cloud repository, scanning in paper contracts, and providing users the ability to access them anywhere. While they are key aspects of the process, they are not even close to good enough. In due time, these repositories manifest as digital graveyards due to lack of capabilities to enable collaboration, reporting, data integrations, and governance.
To derive profitable outcomes from hard negotiated contracts, avoid non- compliance and penalties, organizations not only have to simplify, automate and realign their contract management procedures, but also rethink way they use contract data effectively in day-to-day business transactions.
Doing it right
Transform Contract Productivity and Collaboration Experience
- Simplified Request Management with Request Assignment to legal and contract teams
- Reviews and 3rd Party feedback with comment sharing
- Enhanced Visibility with Centralized Repository and Business user collaboration
- Faster Responses and Outlook integration for quicker turnaround time
Transform Contract Lifecycle Automation and Operations
- Workflows to get contracts approved on time and reduced silos
- Self service contract creation for Business users to reduce dependency on legal and contract teams
- Reminders for Contract Obligations and upcoming Milestones
- Contract Discovery to auto discover contracts from unorganized file repositories
Transform Contract Governance Procedures and Model
- Counterparty database and secure information sharing through guestlinks
- Extracting contract data from CRM, ERP and document systems with platform integrations
- Template based contract authoring with clause library functionality
- Controlled Repository access with audit functionality
About eContracts
eContracts is a contract management software built on Office 365 that helps legal and contract teams experience frictionless contract management. It adds to the solid document management capabilities of Office 365 with features like document automation, Word add-in, secure third party sharing and approval workflows to enable contract and legal teams digitally transform contract interactions.
See the benefits of digitized contract management.
Request a demo today.
Request a demo today.
About Optimus BT
Optimus BT helps organizations to implement the next generation of Enterprise grade Contract Management solutions on Office 365 and SharePoint. It benefits businesses by automating various contract lifecycle and governance processes which includes authoring, review and approvals, obligation tracking, sign offs & performance management.
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