What are the features more important in contract management software in 2018?

What are the features more important in contract management software in 2018?

By ​DocuCollab

© 2018-2019 All Rights Reserved, No part of this document should be modified / used without prior consent.

DocuCollab​ ​- 1604 Spring Hill Road, Suite 216, Tysons, Virginia, 22182, USA Contact Number:​ +1-571-228-7037 | ​Email:​ sales@docucollab.com

Is your ​contract management Software tough to use, unable to produce valuable insights, and underutilized? If thus, your organization may well be missing out on revenue opportunities and vulnerable to non-compliance risk. think about these options if you’re brooding about associate degree upgrade:

1. Customized Dashboard

The contract management software shouldn’t be one-size-fits-all, and its dashboard mustn't be bolted down by admins. completely different roles have different desires, and a private user’s desires might modification as a business evolves and goals change—at times the user can be centered on expediting renewals and at alternative times implementing bound terms within the contract. rummage around for a contract management system that has a personalized dashboard to suit the distinctive needs of every role that the user will piece with no facilitate from an administrator.

2. International Searches

If your current platform doesn’t give you the complaisance to conduct global searches for related agreements, compared documents, comments, notes, and history to look at dependencies or define potential responsibilities, your business may well be in danger.

Effective contract management Software permits versatile search functions that capture

© 2018-2019 All Rights Reserved, No part of this document should be modified / used without prior consent.

DocuCollab​ ​- 1604 Spring Hill Road, Suite 216, Tysons, Virginia, 22182, USA Contact Number:​ +1-571-228-7037 | ​Email:​ sales@docucollab.com

the complete text of documents, metadata, and every one the associated data so nothing very important goes unseen.

3. Native Mobile Application

As additional and more business is conducted on smartphones, mobile access to acquiring processes is important. Rummage around for a contract management system that permits you to make, edit, approve or reject contracts from any device with a native mobile application. Push notifications on tasks, dashboard views, contract search and approval, note updates, and alternative contract-related actions on mobile devices equate to wider use, faster adoption associate degreed more practical contract management across an enterprise.

4. User Permissions

If you're unable to manage user permissions associated with sensitive contracts, it’s time for a modification. Contract management Software ought to embrace comprehensive Role-Based Access management (RBAC) system that governs access to contract knowledge at a granular level supported user roles, geographies, departments, and access permissions, so protective sensitive knowledge.

5. Simple Configuration

© 2018-2019 All Rights Reserved, No part of this document should be modified / used without prior consent.

DocuCollab​ ​- 1604 Spring Hill Road, Suite 216, Tysons, Virginia, 22182, USA Contact Number:​ +1-571-228-7037 | ​Email:​ sales@docucollab.com

Does your contract management platform need custom code development whenever you would like to make new workflows, rules, and fields? Effective contract management solutions enable super-users to simply modification and piece the appliance to a brand new business method, avoiding the necessity for code changes.

6. Portfolio observance

Can your organization monitor a portfolio of inter-dependent written agreement relationships with a versatile, intuitive, discourse interface? Your contract management Software ought to enable your team to manage master service agreements, parent-child relationships, and sophisticated written agreement hierarchies to convey you a holistic read of all contracts across the whole enterprise.

7. Risk Assessment

Look for an answer that permits users to piece models that track risks across completely different classes together with money, written agreement, performance, and third parties. Users ought to even be able to hunt and leverage internal knowledge still as external data to work out risk scores, guarantee proactive risk observance and increase visibility for stakeholders.

8. Deep Integration of Acquainted Apps

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DocuCollab​ ​- 1604 Spring Hill Road, Suite 216, Tysons, Virginia, 22182, USA Contact Number:​ +1-571-228-7037 | ​Email:​ sales@docucollab.com

One of the most important productivity killers in associate degree enterprise is the change between applications. Integration with applications like Sales force or Microsoft workplace 365 permits groups to make, view, approve and collaborate on contracts at intervals the applications they use daily. Having the flexibility to access contract knowledge and perform contract actions whereas within the application of a user’s selection ensures thriving adoption.

9. E-Signature Capability

The contract management Software ought to enable each stage of the contract life-cycle to be digitized, together with execution. Guarantee quick and safe contract performance with a contract management system that easily combines to e-signature solutions like DocuSign, Adobe Sign, and alternative electronic designation platforms.

10. Manageable Readying Time

Digital transformation comes are typically complicated and may be slowed by long readying times. Inflexible contract management Software that needs technical resources to piece and adapt will prolong comes and places them in danger. Rummage around for an extremely configurable and versatile answer that permits you to deploy in weeks, not months.

© 2018-2019 All Rights Reserved, No part of this document should be modified / used without prior consent.

DocuCollab​ ​- 1604 Spring Hill Road, Suite 216, Tysons, Virginia, 22182, USA Contact Number:​ +1-571-228-7037 | ​Email:​ sales@docucollab.com

For additional data on however you'll be able to quickly deploy an easy-to-use, intelligent, enterprise-wide contract management answer, inspect the ​DocuCollab Guide to Enterprise Contract Management Software​ page or schedule a demo these days.

© 2018-2019 All Rights Reserved, No part of this document should be modified / used without prior consent.

DocuCollab​ ​- 1604 Spring Hill Road, Suite 216, Tysons, Virginia, 22182, USA Contact Number:​ +1-571-228-7037 | ​Email:​ sales@docucollab.com