The Contract Management solution provides a single, central location to capture, store, track, collaborate and take action on all documents, data and tasks in the contract lifecycle. This solution gives financial and legal departments complete visibility into the contract management process, from a history of interactions with data to a clear view of current work, upcoming obligations and expirations. Managing the contract lifecycle from request to approval to expiration and renewal, automating predictable steps while providing the information and tools personnel need to drive work forward are some of the key pieces of this solution. A final objective is to stand up a system that can enable electronic signatures, and integrate with DocuSign. 

This solution includes the following features:

• Creation of new contracts from a Word Document Template using Document Composition

• Built-in clause library to help quickly draft, revise, and publish contracts with pre-approved clauses

• Workflow with a library of over thirty pre-built System Actions

• Redlining, collaboration, and versioning, even with external parties

• Email notifications to requesters, collaborators, approvers, and contract administrators

• Daily inventory of contracts approaching due date or expiration date

• External and internal secure sharing with ShareBase

• Integration with DocuSign available

• Integration with the CMS system at State of Colorado

• Powerful searching and reporting capabilities provide visibility and insight into your processes

• An intuitive administrative panel puts power into the business users hands to monitor contract progress and easily adjust process flows without requiring IT engagement

• Rapid deployment time frames and minimal service requirements to install