PerfectSource
Contract Manager
Supply managers can cut contract negotiation cycle time in half and gain significant cost savings through improved management of supplier contracts. Compliance is enforced with business rules and approval workflow during the contract-creation process. Reduce contract creation time by up to 75% via templates and pre-approved clauses.
Contract Manager provides the tracking and management system necessary to optimize supplier relationships. Key stakeholders from across the organization can generate new contracts, access legacy contract information and monitor contract performance.
Automated Contract CreationContract Manager automates contract-creation reducing the inefficiencies found in the traditional contract-creation process. Through the use of intelligent templates and pre-approved clauses, authorized users can rapidly create new contracts or add amendments to existing contracts.
Streamlined Routing, Approval and AuthorizationOnce a contract has been created, Contract Manager's unique set of tools streamline the routing, modification and approval processes. These online collaboration tools help reduce the amount of time spent on the revision and approval process.
Centralized Contract VisibilityContract Manager provides instant access and monitoring of contracts via a centralized repository. Users can access new and legacy contracts, search based on a variety of parameters, customize notifications and manage administrative functions.
Proactive Renewal ManagementContract Manager's proactive renewal management enables timely contract renewals via notification of expiring contracts. Contract start and end dates are automatically highlighted and tracked, and expiration alerts ensure ample time is allotted for re-negotiation.
Flexible Reporting for Contract AnalysisContract Manager's flexible contract reporting allows users to create custom reports for contracts, clauses or templates based on any combination of fields available in the contract repository. Custom reports can be sent via email and then downloaded to Microsoft Excel for further analysis. Reports can be published for use by the entire organization or maintained as private reports.
Spend Monitoring for Contract ComplianceContract Manager's contract spend monitoring promotes compliance. Create custom threshold levels for contracts and track invoice spend against those contracts. Notifications are created when thresholds are met and contract statuses can also be used to identify those contracts approaching maximum levels of spend.

Europe