Contracts
Contract Management Overview
The Contract Management sub-system is designed to allow the user to define vendors, their contracts and manage the process of contract novation (absorbing) the contracts into a company. The steps required in the novation process are defined at the customer level. The system will report the statistics of the novation process by step and report management the totals by country, region or location.
One feature IT managers like is the system can capture warranty contracts and maintenance agreements automatically. They can be stored for review and reporting during renewals time.
Contract Management Features:
- Allow for vendors to be populated either from a customer's vendor feed or by manual data entry
- User defined contract classifications
- User defined contract statuses
- Load contract abstracts
- During contract novation, the letters of agreement back and forth are captured for tracking purposes
- Interim, final and contract updates can be attached for archival purposes
- Contracts can be tied to purchases for contract compliance reporting
- Parent and Sub-Contracts are supported
- Contracts may be designated as local (generally to a region or country) or global
Print This Page
Request a sales person to follow up
Learn more about:
Procurement
RFQs
Contract Management
Service Orders
Budget Tracking
Asset Management
Accounting Reconciliation
Reporting & Analytics
Change Order Processing
RFQs
Contract Management
Service Orders
Budget Tracking
Asset Management
Accounting Reconciliation
Reporting & Analytics
Change Order Processing
