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Contract Management Software - Contract Negotiation
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Collaboration Tools
Collaboration tools streamline contract assembly, reviews, and management making the process easier and more efficient.
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During contract negotiation, each party takes specific actions that may go unnoticed without the right tools - tracking and securing each update. IntelliContract's Collaboration tools streamline these processes making assembling, reviewing and managing contracts easier and more efficient. Powerful document change features highlight the exact changes made to the contract by both parties, version control with secure check-in/check-out features document where the document is during the negotiation process, extensive red-lining and comparison capabilites improves information for all stakeholders - helping to build better business relationships. Collaboration tools help increase your ability to optimize the delivery of products and/or services by reducing cycle time and minimizing business risks.
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Proactive Tracking and Alerts
Sophisticated tracking features help you stay in full control of your contract obligations such as dates, events, commitments, fee schedules, and payments.
Sophisticated tracking features help you stay in full control of your contract obligations such as dates, events, commitments, fee schedules, and payments.
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Action Items and To Do Lists
Action Items and To Do Lists help link operations to contracts so all parties can be proactively notified of upcoming commitments and related dates, obligations, etc.
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Action Items and To Do Lists help link operations to contracts so all parties can be proactively notified of upcoming commitments and related dates, obligations, etc. This helps maintain proper visibility into contract deliverables while mitigating risk.
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Document Change Management
Document change management feature highlights the exact changes made by you and your business partners during the negotiation process.
Document change management feature highlights the exact changes made by you and your business partners during the negotiation process. Even if the track changes feature in MS Word or other text editing applications is not enabled.
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Version Control
Maintain version control and contract compliance with secure features such as document change management, check-in/check-out controls, document comparison, and global update functions.
Maintain version control and contract compliance with secure features such as document change management, check-in/check-out controls, document comparison, and global update functions.
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Check In / Check Out
Secure document check-in/check-out process enables a faster, more accurate negotiation and/or authoring process.
Secure document check-in/check-out process enables a faster, more accurate negotiation and/or authoring process.
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Global Update Feature
The global update feature allows language updates to be applied to all instances across your entire enterprise.
The global update feature allows language updates to be applied to all instances across your entire enterprise.
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Flexible Configuration
Various "painter" technologies allow you to modify your data input, user screens, roles and functions to meet your specific needs.
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Various "painter" technologies allow you to modify your data input, user screens, roles and functions to meet your specific needs.
For example: The Role Painter lets you create custom views for any type of user or department, and allows enabling/disabling of features and data access. The Screen Painter lets you modify your data input fields and screens to use your specific terminology or to add/remove fields, etc. Each and every aspect of the system can be configured to you specifications - right down to the field level!
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Multi-Level Security
Multi-level security ensures each user or function has access to only the functionality required.
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Multi-level security ensures each user or function has access to only the functionality required. You can create user roles and rights – right down to the field level. Administrators determine what content can be viewed, changed, etc. with or without supervisor approval.
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History and Audit Trails
Produce more accurate company records by tracking all modifications to contract data – leading to better contract consistency and compliance.
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Produce more accurate company records by tracking all modifications to contract data – leading to better contract consistency and compliance. History and Audit Trail for Sarbanes-Oxley Compliance and compliance for other legislation.
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Microsoft Word/Adobe Acrobat
The complete system is tightly integrated with both Microsoft Word and Adobe Acrobat.
The complete system is tightly integrated with both Microsoft Word and Adobe Acrobat.
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Workflow
Advanced workflow creation/authoring tools help automate contract approvals, escalations, routing and more. Workflow Tools Include; Customizable Workflow Steps, Automatic Action Item Creation and Tracking, Application Documentation Routing, Online Workflow Dashboard, and Automatic E-mail Notifications.
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Advanced Workflow creation and authoring tools minimize the opportunity for error and oversight providing an invaluable management tool for quality control, accountability, cost effeciency.
Customizable Workflow Steps
You can customize your workflow steps and process to fit your current current or future needs, and modify them at any time.
Automatic Action Item Creation and Tracking
When a workflow process is triggered either manually or automatically, the system will create the appropriate action item that is associated with the workflow you created. The system tracks who completed the task, when it was completed, how long it took to complete, and the results. A workflow can be triggered by multiple ways; a change to a value in a field, a new contract was generated, change in status or language, dates etc.
Application Documentation Routing
Route the application to a specific person(s) or department(s) depending on workflow status. For example, you route the application to department heads for initial approval. Once approved, route it to the contract administrator and then the final sign-off or approval. You have complete control over who gets what, when and where.
Online Workflow Dashboard
Users login online and view what tasks have been routed to them for completion. The dashboard is where workflow steps are reported and action taken. The data that is viewed and the actions that can be completed are all driven by how you setup your workflow. The dashboard is designed to be completely flexible and easy to use.
Automatic E-mail Notifications
The workflow tools allow for the creation of automated e-mail messages. Some examples of messages are:
Notifications to the appropriate person(s) as tasks are completed.
E-mail reminders to users who have not logged on but have tasks to complete.
Follow up e-mail messages to managers if they have outstanding contract issues.
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