Manage Contract Governance with eContracts

Govern contract lifecycle management by standardizing system wide processes and workflows

Take control of contract processes and reduce contract risks

Drive contract governance by assigning defaults in contract workflows, processes, permissions, templates and ownerships for individual business divisions of your organization. Tagging contracts with non-standard positions and setting up auto-flagging based on conditions help in contract risk management.
Contract Governance and Risk Management
Contract Governance Areas
Governance areas in eContracts corresponds to an area which follows uniform ownership and processes. Each area can be thought of as a repository with it’s unique set of permissions, workflows, processes, templates and defaults. You can manage departments, teams, divisions or locations in the organization as individual governance areas.
Contract Governance Areas
Users and Roles Management
Contract Governance and Risk Management
Users and Roles Management
Avail highly configurable and granular user management with predefined user types like Contract Administrators, Business Owners, Approvers, Reviewers and Business Users with standard or custom permissions. Manage permission levels including Full Control, Contribute and Read Only at a Contract Record, Business Area or System level.
Contract Governance and Risk Management
Contract Labels, Clauses and Terms
Tag and label contracts with key clauses and terms, non-standard positions and risk levels to support legal and compliance search, reporting and workflows. Use configurable color coded labels with automatic flagging of contract records based on conditions such as high-value, GDPR Compliant, etc.
Contract Labels, Clauses and Terms
Contract Financials and Obligations
Contract Governance and Risk Management
Contract Financials and Obligations
Tracking of financials, contract spend, revenue projections (estimates), obligations and reporting is enabled on-demand for contracts with long-term commitments. Financial integrations provide reconciliation of obligations with invoices and purchase orders created in your accounting software.
Contract Governance and Risk Management
Workflows and Email Approvals
eContracts provides support for formal approval sign-offs from stakeholders prior to signature. You can include a term sheet and route a contract record through a multi-stage approval workflow with conditional task assignment, user and time stamp capture and configured escalations.
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