For further information please call: 01522 881300
A browser-based contract management solution gives contract managers an inherent advantage to efficiently and effectively manage their contracts.
Historically, spreadsheets have played a centric role in this administration but it has many failings. Most notably the physical contract and related documentation is not easily locatable, but it is also limited in it’s flexibility.
Just ask yourself the following:
- How long does it take you to locate a contract?
- Do you know who last reviewed a contract?
- Can you quickly find which contracts are due to expire?
- Were you alerted to cancellation review periods for your contracts?
- Is it clear which contracts relate to which supplier and other contracts?
- Does your current system allow other departments and offices to see what deals you have negotiated and implement them for themselves?
If the answers to these are not acceptable then you could benefit from a contract management system:
1 |
Central repository: Electronic copies of contracts, tenders, SLAs and other contract related documents can all be uploaded for direct access; and all data held within them can be entered onto the system for immediate access and improved reporting capabilities. |
2 |
Highly configurable: During implementation each company can specify exactly how they would like the system to be set up. To add additionally required fields is a simple process that can be setup by any administrator with the correct permissions. |
3 |
Secure access: Access to the system and individual contract information can be limited to specified employees on a need to know basis. |
4 |
Monitor contract performance: The reporting facilities allow for contract administrators to analyse contracts relevance to the business and decide whether to keep it or look for a more valuable contract. |
5 |
Notification of milestone dates: Contract administrators are sent email notifications in plenty of time of contract milestone dates. Ensuring the contracts do not renew or cancel without giving opportunity to review each contract thoroughly. |
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Software Europe have a long standing relationship with many government, financial and commercial industries, with many of these businesses choosing to purchase framework because it provides a knowledge base in which to store, review and report on their contract and supplier status.
framework gives you the time to review your contracts.
Contact us today to discuss how framework can help your business improve value
CALL: 01522 881300
EMAIL: framework@software-europe.co.uk