Unstructured and manual contract requests and approvals
Delay in contract/clause approvals, manual follow-ups, and scattered history
Inability to collaborate with various stakeholders due to manual systems
Slow and manual contract signing and execution process
Missed contractual obligations, terms, benefits, renewals, etc.
Automated contract type/process linked, template-based and user-triggered contract request forms with rule-based and user triggered approvals
Legally approved contract templates with fallback clause library, email workflows, approval history, change tracking and contract versioning
Online collaboration with Legal, Finance and other stakeholders with email versioning, change and deviation tracking for quicker resolutions and turnaround times
Integrated electronic signatures, electronic stamping, and execution of contracts for a completely paperless process
Searchable contract library with tasks, obligations and other reminders that streamline the contracting process and integrate downstream processes