| Contract Advantage Standard provides the core foundation of all of our products. If you ask a group of contract managers, corporate legal staff or executives what they want most out of a contract management system, they would likely say:
- Tell me when a contract expires-beforehand!
- Tell me who is responsible for each contract and action-and more importantly, remind them on a timely basis.
- Remind responsible persons consistently until the task is done.
- Let me attach PDF copies of the contract and any other pertinent files to the contract record.
- Make sure that the data and documents are secure so that only authorized people can see them.
- Let me report on my contracts and sort and filter the reports in different ways.
The core benefits are that everyone who is authorized knows what has to be done, when it has to be done, who has to do it and why. That translates into better contract management, better risk management, lower operating costs, and collateral support for Sarbanes-Oxley, HIPAA and other compliance requirements.
|
