eContracts is a cloud based Contract Management software that supports end-to-end contract lifecycle process automation. It is built ground up on the Azure cloud platform and provides deep, seamless integrations with the Office 365 product suite which includes SharePoint, Word and Outlook online.
eContracts meets enterprise contract management needs of repository and database, authoring, collaboration, negotiation, reviews, approvals, and eSignature along with financial tracking, contract administration, contract performance management and governance while significantly improving efficiency of corporate legal and contract management teams.
Secure, reliable repository in the cloud or on-premise for all contract related information.
Contract RecordOrganize all documents, metadata, amendments, correspondence and notes for each contract in single contract record.
OCR and Contract DiscoveryCapture and analyze data from text in contract documents using discovery and OCR tools.
Contract Type and MetadataCategorization based on nature of contractual transaction, data and administrative needs.
Advanced SearchFind contract records, documents or counterparties using any metadata. Create quick views with frequent search criteria.
Contract Lifecycle Management
Fast track events in the contract lifecycle and reduce contract cycle times
Renewals and TermsSet up and manage renewals, expiration and close out processes for contracts with auto renewals, reminders and approval processes.
Milestones and RemindersTrack important deadlines in the contract lifecycle and create reminders for assigned users or groups
Amendments and Change ManagementSupport contract amendment process with approvals, document automation and comprehensive audit trails.
Contract Obligation TrackingManage contract deliverables and commitments by creation of obligations in eContracts and use automated reminders for same
Authoring and Reviews
Create new contracts within minutes and accelerate legal reviews using workflows
Template Authoring and Document AutomationUse pre-approved templates to quickly draft contract documents.
Document Review WorkflowsRoute documents through pre-configured or ad hoc workflows to contract reviewers in a serial or parallel fashion.
Authoring Add-in for Word and Integrated Clause LibraryInstantly add standard terms and clause language to contract documents from clause library using the Word add-in.
eSignatureSign your contracts electronically by integrating with industry standard providers including DocuSign, AdobeSign and Citrix RightSignature
Standardize contract governance and reduce all possibilities of error
Administration DashboardBusiness area dashboards, provide administrators and business owners, a quick overview on contract activity within their department, team or location.
Counterparty ManagementAssociate each contract with one or more counterparties from eContracts counterparty database to use counterparty level reporting and management features.
Legal Entity ManagementEnsure compliance for each contracting entity in your company by setting up specific procedures and preferences.
Alerts and Reminders SettingsUser configurable, personalized alerts and reminders delivered on the user dashboards and inboxes.
Contract Governance and Risk Management
Standardize contract governance, reduce all error possibilities and keep compliance at check
Contract Governance AreasDefine and set up governance areas for each business unit to administer templates, permissions, workflow rules, and user access.
Contract Labels, Clauses and TermsTag contracts with specific clauses and terms as you create or upload documents to support legal search, analysis and reporting.
Contract Financials and ObligationsCapture expected revenue and spend of a contract with features for currency conversion and calculations for lifetime value, annual value.
Users and Roles ManagementAdd users to eContracts from Active Directory or SharePoint groups, and manage access for the overall system, specific repositories or individual contracts.
Team Collaboration and Productivity
User DashboardUsers get a quick view of most important contract tasks from a single interface.
Legal and Contract Service DeskSupport business issues and legal requests with features like prioritization, team level task auto- assignment, escalation and delegation.
Request ManagementSupports business users submission of requests for new contracts, amendments templates and 3rd party contract review.
Cycle- time reportsAnalyze contract process bottlenecks by tracking time spent on each approval or review task or stage using our contract cycle-time reports.
Try us. You will love the eContracts experience.