Contract Management

IMPORTANCE OF CONTRACT MANAGEMENT.

Organisations in both the public and private sectors are facing increasing pressure to reduce costs and improve financial and operational performance and improve compliance. New regulatory requirements, globalisation, increases in contract volumes and complexity have resulted in an increasing recognition of the importance and benefits of effective Contract Lifecycle Management.

On Premise or Cloud Service (SAAS) – CONTRACT MANAGEMENT SOFTWARE

We are offering our Contract Management Solution, as a on premise or Cloud Based SAAS (Software as a Service) solution .

With Cloud solutions our Customers can leverage fast deployment without concern for the acquisition and ongoing maintenance of Costly Hardware and Software infrastructure.

 CLM

What is Contract Lifecycle Management?

Contract management or contract administration is the management of contracts made with customers, vendors, partners, or employees.

An important purpose of contract management software is to streamline administrative tasks and reduce overhead by providing a single, unified view of each contract’s processes.

 

In any business (small to enterprise), contract management software can be used to manage a new contract request, capture data related to the contract, document authoring, contract creation, negotiation, execution, post signature management and renewal/terminate. The software can then follow the contract as it goes through the review and approval process, providing documentation for digital signatures and execution of the contract, including post-execution tracking and commitments management. Contract Lifecycle Management software not only provides business owners with better visibility into the status of a specific contract, it also facilitates reporting and compliance.Our software solutions will provide business owners with alert notifications for critical dates that affect a contract, such as the cut-off date for contract renewal or the contract’s end of life date.

M-Files for Contract Lifecycle Management

Contract lifecycle management is one of the most critical aspects of managing your business relationships. It’s important to use the right system—one which is purpose-built for the secure creation, review and approval of contracts. Watch this one hour webinar to learn how to increase transparency and visibility into your contracts and processes, ensure important milestones and expiration dates are not missed, manage maverick spend, explore the stages of the contract lifecycle and safeguard that the tasks associated with each stage of the contract lifecycle are completed and auditable.
(1 Hour)

Automate Contract Management with M-Files

Your Time is Precious—Automate Contract Management with M-Files. M-Files for Contract Management ensures this critical aspect of your business gets proper oversight. Throughout the entire lifecycle, M-Files allows you automate your contract processes while controlling security access.
(1 Hour)

Click here for more M-Files Videos

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Try M-Files for free. Download the 30-day M-Files Trial. It is ideally suited for users who are familiar with Windows software.

Not the right person? Don’t worry. If you are interested in seeing M-Files in action you can Contact CYLON.


Downloads

Contract Management Brochure