Contract Management Software Features:
1. Request Management: Know which contracts take priority;
2. Request Approvals: Route requests for approval by contract dollar amount.
2. Contract Drafting
3. Contract Reviews and Approvals: Ensure the right people get involved at the right time with custom workflow rules engine
4. Negotiate with 3rd Party
5. Single Contract Repository: Easily find contracts and supporting documents in one secure, central repository.
6. Complete Audit Trail
7. Real-Time Dashboards: Quickly see status updates, metadata, visual reports and workflow history.
8. Search & Reports: Find the information you need with targeted search, and get real-time ad hoc reports.
9. Renewal Management: Receive reminders so unused contracts can be renegotiated and aren’t auto-renewed.
10. Custom meta data and templates to satisfy unique business needs