| Key Features
Contract Advantage offers many features that will ensure effective management and control of your contracts. Not all clients use the system in the same way or to the same extent. You may choose the modules to implement, and the level of detail and control in each area. Contract Advantage Web also comes in Pro and Lite Versions, so that you can more closely tailor the product to your business requirements.
Starting the Process
The Contract Advantage contract tracking process may start in any one of several areas:
- Request For Proposal
- Requisition
- Contract Portal
- or it may be done during contract negotiations or after the fact. Not all contracts will follow the same process. Contract Advantage provides support for all these processes.
Contract Advantage can import contract documents from outside sources, or use a library of contract templates to create the contract documents.
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Contract Documents
Documents - PDF images, DOC files, spreadsheets, etc. can be attached to the contract records. Each record can support many documents. The system supports document versioning and records anyone who views or edits a document. Attached documents are full-text searchable.
Clause Library
A key feature in building contract documents is the Clause Library. The Clause Library contains preferred and approved alternate language clauses. The Clause Library can then be referenced when creating contract documents and clauses can be imported into the Contract Clause Module.
Contract Query and Selection
For most users, the Contract Selection screen is the pivot point for accessing contract information. From here, you can retrieve contracts that you are authorized to see, open contract records, report on groups of contracts, export data to Excel, or perform global updates on contracts.
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