Contract system is foundation of any solid company and business. It affects the development of relationships with suppliers, customers, and employees.
It is very important that contract management and legal affairs work properly. If they do not, you are simply missing out on many opportunities to increase the benefits of your company.
● Struggles of manual Contract Lifecycle Management You Can Face
— Data mismatch — Inappropriate approval processes with unauthorized persons — Human errors — Downtimes — Slow contract approval — Making a deal with unfavorable terms
Tired of inefficient contract lifecycle management that only leads to more waste?
● we have a solution
It’s time to automate and ensure compliance with the OpenText Contract Center contract and case management solution. You’ll get well-established contract management with the proper storage system for fast approval and compliance.
● What Specified Features Are Included in OpenText’s Contract Management Solution
Our strategic and phased approach is designed to change your focus from completing routine tasks to delivering the highest possible value. Choose advanced contract and legal case management software from Tec Infosystems and you’ll get:
Facilitated contract creation process with pre-approved templates, language and clauses
Elaborated search functionality with placing all contracts in a centralized repository
Automated contract approval paths for process compliance
Assigned tasks, alerts and reminders for compliance of contractual obligations
OpenText™ Capture Center takes the role of an assistant in a digital transformation of your business by the virtue of paper-to-digital input and scanning capabilities. It contains all tools that you need to improve contract processing:
pre-approved language respondings to governance and regulatory requirements
an integrated reporting dashboard to track your key metrics
There is availability to integrate Contract Center with other products such as Windows Explorer and Microsoft Office
Configurable workflows and dynamic case models allow to leverage tasks, checklists, reminders and alerts to ensure all timeframese
● What Advantages You Get with Contract Management Solution
● WITH ALL THESE TOOLS YOU ACHIEVE
Acceleration of cycle times, elimination of errors and operational inefficiencies with passing information to your ERP system
Increasing of speed, cycle times and governance through searchable library of approved terms and clauses
Minimizing risks via automated contract generation based on templates and ERP/CRM data
Full visibility into upcoming renewals
Explicit customized reports on contract performance