Contract Management Feature Overview
Why eContracts?

eContracts is a master solution for all your contract management needs. It has features for all aspects of contract management including contract creation, negotiation, lifecycle management, governance, security and performance management.
Users from diverse areas of business can collaborate on contracts, perform duties proactively, prioritize tasks and mitigate risks at every level. eContracts supports all contract management scenarios and use cases to help your teams turn business deals into success stories.
Contract Repository

Secure, reliable repository in the cloud or on-premise for all contract related information.
Contract Record

Contract Record

Organize all documents, metadata, amendments, correspondence and notes for each contract in single contract record.

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OCR and Contract Discovery

OCR and Contract Discovery

Capture and analyze data from text in contract documents using discovery and OCR tools.

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Contract Type and Metadata

Contract Type and Metadata

Categorization based on nature of contractual transaction, data and administrative needs.

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Advanced Search

Advanced Search

Find contract records, documents or counterparties using any metadata. Create quick views with frequent search criteria.

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Contract Lifecycle Management

Fast track events in the contract lifecycle and reduce contract cycle times
Renewals and Terms

Renewals and Terms

Set up and manage renewals, expiration and close out processes for contracts with auto renewals, reminders and approval processes.

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Milestones and Reminders

Milestones and Reminders

Track important deadlines in the contract lifecycle and create reminders for assigned users or groups

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Amendments and Change Management

Amendments and Change Management

Support contract amendment process with approvals, document automation and comprehensive audit trails.

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Contract Obligation Tracking

Contract Obligation Tracking

Manage contract deliverables and commitments by creation of obligations in eContracts and use automated reminders for same

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Authoring and Reviews

Create new contracts within minutes and accelerate legal reviews using workflows
Template Authoring and Document Automation

Template Authoring and Document Automation

Use pre-approved templates to quickly draft contract documents.

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Document Review and workflow history

Document Review Workflows

Route documents through pre-configured or ad hoc workflows to contract reviewers in a serial or parallel fashion.

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Authoring Add-in for Word and Integrated Clause Library

Authoring Add-in for Word and Integrated Clause Library

Instantly add standard terms and clause language to contract documents from clause library using the Word add-in.

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eSignature

eSignature

Sign your contracts electronically by integrating with industry standard providers including DocuSign, AdobeSign and Citrix RightSignature

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Contract Administration

Standardize contract governance and reduce all possibilities of error
Administration Dashboard

Administration Dashboard

Business area dashboards, provide administrators and business owners, a quick overview on contract activity within their department, team or location.

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Counterparty Management

Counterparty Management

Associate each contract with one or more counterparties from eContracts counterparty database to use counterparty level reporting and management features.

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Legal Entity Management

Legal Entity Management

Ensure compliance for each contracting entity in your company by setting up specific procedures and preferences.

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Outlook

Alerts and Reminders Settings

User configurable, personalized alerts and reminders delivered on the user dashboards and inboxes.

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Contract Governance and Risk Management

Standardize contract governance, reduce all error possibilities and keep compliance at check
Contract Governance Areas

Contract Governance Areas

Define and set up governance areas for each business unit to administer templates, permissions, workflow rules, and user access.

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Contract Labels, Clauses and Terms

Contract Labels, Clauses and Terms

Tag contracts with specific clauses and terms as you create or upload documents to support legal search, analysis and reporting.

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Contract Financials and Obligations

Contract Financials and Obligations

Capture expected revenue and spend of a contract with features for currency conversion and calculations for lifetime value, annual value.

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Users and Roles Management

Users and Roles Management

Add users to eContracts from Active Directory or SharePoint groups, and manage access for the overall system, specific repositories or individual contracts.

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Team Collaboration and Productivity

User Dashboard

User Dashboard

Users get a quick view of most important contract tasks from a single interface.

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Legal and Contract Service Desk

Legal and Contract Service Desk

Support business issues and legal requests with features like prioritization, team level task auto- assignment, escalation and delegation.

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Request Management

Request Management

Supports business users submission of requests for new contracts, amendments templates and 3rd party contract review.

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Cycle- time reports

Cycle- time reports

Analyze contract process bottlenecks by tracking time spent on each approval or review task or stage using our contract cycle-time reports.

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Try us. You will love the eContracts experience.

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