Solutions : Contracts : Business Benefits

solutions

LEVERAGE TOOLS AND INTELLIGENCE THAT DRIVE SUPERIOR RESULTS

Leverage Empower Succeed
  • Required clause and term enforcement
  • Support for multiple and complex contracts
  • Online supplier collaboration channel
  • Performance and execution synchronization
  • Lower risk and minimize overall contract exposure
  • Reduce off-contract, off-catalog pricing and buying
  • Efficiently exchange information and define requirements
  • Track performance to ensure match with contract
Maximize contract value by optimizing usage and performance
  • Contract compliance monitoring tools
  • Agreement approval hierarchy settings
  • Contract verions and audit trail reports
  • Event alerts, notifications, and tracking
  • Review exceptions to use of approved terms
  • Design and manage approval workflows
  • Collect contract history and versions for review
  • Respond rapidly to problems with corrective measures
Drive contract compliance through enhanced visibility and control
  • Online negotiation for terms and pricing
  • Standard contract terms repository
  • Standard contract templates and approved
  • Approved fallback positions and amendments
  • Efficiently and accurately negotiate with suppliers
  • Leverage approved contract terms to create agreements
  • Realize additional value on previous contract work
  • Reduce the contract negotiation and cycle times
Cut contract cycle time with streamlined processes
  • Reusable contract templates
  • Document set up and confirguration
  • Performance tracking and review
  • Alerts and key event notications
  • Copy existing agreements to quickly create new ones
  • Generate standard and non standard contract documents
  • Make good decisions with contract and performance data
  • Take corrective action to quickly eliminate problems
Ensure best-practice continuous improvement in contract management

LEARN MORE ABOUT EPIQ CONTRACTS