Contract Lifecycle Management
Organizations often make contract based decisions blindly due to collaboration among stakeholders, lack of visibility, and ownership processes. The key to preventing most contract related disagreements is to closely monitor and take appropriate actions during crucial contract lifecycle events, such as negotiations, internal sign-offs, renewals, and amendments.
Our solution to this issue is to build on a robust workflow that utilizes a user task management engine. This engine works alongside a Business User request workspace, a contract pipeline, and activity audit capabilities.