With digital contracts, you have an up-to-date contract library to create, track and manage all your contracts (partners, suppliers, legal, etc.).
All your supplier contracts can be accessed in one click (goods or services contracts, sub-contracts, maintenance contracts, telecoms and electricity contracts, etc.). You will be able to track the obligations and targets of your contracts according to the various planned milestones.
Each contract is digitised via a form enabling you to enter the characteristics of the contract such as the supplier, the category of the contract, the legal clauses, the date of signature, the effective date, the type of contract (fixed term, tacit renewal, etc.), the term of the contract, the amount of instalments due, the contractual obligations, the termination and expiry dates.
Drop-down lists facilitate the entry and consistency of the legal department’s contracts. Each contract follows a cycle of drafting, validation, publication in the contract library. No more exchanging contracts by email between lawyers and the different departments!
A validation workflow is offered by the solution to easily track the progress of the contract.