Contract Management

Maximize Resources and Expedite Contract Execution

Requisite Software's Contract Management solution enables enterprises to automate the partner contract management lifecycle. It puts the entire contract management process - from creation, to approval, to execution, to renewal - at their fingertips maximizing resources and ultimately, expediting contract execution.

Effective contract management is essential to the success of indirect channel relationships. Studies have shown that contract automation solutions can accelerate negotiation cycles by 50 percent while cutting operating and processing costs associated with managing contracts by 10-30 percent. Requisite Software's Contract Management solution enables enterprises to eliminate the risks and costs associated with manual contract management, while providing the security and foundation for the success - and continuation - of their most important partnerships.

Benefits:

Expedite contract execution
Eliminate paper-based contracts & physical storage
Reduce revenue leakage via automatic alerts and reminders
Improve contract compliance rates and partner satisfaction
Maximize contract renewal revenue

Features:

Centralize all partner contracts and amendments in a single, online repository
Provide multi-level security access and approval workflow
Create standard templates to ensure terms, clauses and conditions are consistent
Provide advanced search functionality for all contract and amendment attributes
Enable automated alerts on key milestones to ensure deadlines are met
Track email notifications to ensure critical messages are read by intended recipients