Risk & Compliance
eContracts has a built-in governance and policy enforcement feature that allows for standardization, automation, and consistency across your contract repositories specific contract areas or types. By standardizing the way your contracts are pre-approved, drafted, authorized, shared and administered, ensures the organizational contract processes are utilizing organizational best practices.
Some additional benefits include quick and efficient change management, better visibility, user policy adherence, reduced administration time and a wider library of resources while meeting legal and regulatory standards. Audit and user activity reports allow for quick corrective actions to be put in place.