In just about every organization, contracts and the corresponding details they include, are documented for every vendor.
These contracts are comprised of a wide range of documents that contain pricing, legal details and service level agreement details that must be actively maintained.
Even with a few dozen vendors, this can quickly become a paperwork nightmare.
DocuPeak Contract Management relieves these challenges in two ways. First, by managing the documents around the contract, plus but also the actual implementation of the contract itself.
This functionality is embedded into clients existing ERP solutions and only a click away while viewing a vendor record. By implementing both DocuPeak Document Managementand DocuPeak Electronic Forms together, it’s a powerful recipe that delivers a truly “active” contract management system.
Automatically manage renewal dates with documents and send reminders to contract managers
Store custom pricing and other details about the contract using DocuPeak Electronic Forms
Have instant access to all contract data with a simple click within your existing ERP system
To truly manage your contracts means monitoring things like renewals and other dates. Custom pricing and service level guarantees are all part of a contract too.
Here is the challenging part. Once they are written into the contract document, something must actually “implement” the parameters within these documents to deliver on these promises.
DocuPeak can associate renewal dates with documents and send reminders to contract managers and can store custom pricing and other details about the contract in DocuPeak Electronic Forms.
In other words, DocuPeak can make the contract “come to life” and can also act as a central database for other systems.
Why do organizations use DocuPeak in conjunction with their existing ERP system to store customer contract documents and manage renewal dates?
Embedded within their ERP, DocuPeak Contract Management is only a click away while viewing their customer record in their ERP.
When DocuPeak Document Management and Electronic Forms are combined to deliver a Contracts Management App, a truly “active” contract management system is now possible within your organization.
To learn more, contact us today to see how DocuPeak drives peak efficiency when managing your contracts.
