Contract Advantage Standard has features that you would only expect to see in larger, more expensive products:

  • The system can track any type of contract - supply, distribution, technology, license, trademark, patent, personnel, leases, maintenance, and more.
  • Contract Advantage Standard offers contract and administration security. If a user does not have rights to see a contract, that contract cannot be retrieved or opened
  • Contract numbers are automatically generated by the system, but unique numbers can also be assigned by the user.
  • Each contract record contains several pages of contract information - an extensive Contract Summary, Our Side Divisions, Contracting Party, Key Dates, One-time and Recurring Actions, Obligations and Provisions (clauses), Document Repository (for images and editable documents), Amendments, Trademarks and Patents, Territory, financial, and Litigation.
  • The Financial Transactions module can record payments and receipts for financial reporting. The Financial Module also can track details of equipment, computer and real estate leases.
  • The action reporting system reminds you of actionable dates including renewal, review, filing, reporting, termination and expiration dates and more. You can even track one time and recurring actions.
  • Users can add their own contract types, action types, territories, trademarks and patents-and many more. In fact, all dropdown Master Lists are user editable.
  • Contract information is confidential. Security is built in. The passwords and settings may be changed to suit your needs.

   
 
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