Contract Management

Simplify Contract Management and Efficiency

Every day your institution is creating, receiving, processing and storing multitudes of contracts. The importance of these documents demands that your employees have real visibility to them throughout the contract management lifecycle. This mitigates the risk of lost revenue, enables easier document workflow and helps support compliance initiatives.

Perceptive Software enterprise content management (ECM) solution for contract management dramatically decrease the time it takes to create, negotiate, review, execute and approve the contracts that are so critical to the daily operation of your institution by providing instant, integrated access to:

• Commercial contracts
• Employment letters
• Sales invoices
• Release forms
• Other legal documents

Gain Contract Lifecycle Transparency

Perceptive Software solutions provide an effortless way to manage contracts with powerful document control functionality. At any point in the contract lifecycle, whether you are creating a new contract or renewing an existing one, you can check out the latest version of the document, make your changes, check in a new version, review an audit trail, sign the contract electronically and more.  This helps to eliminate errors associated with multiple versions of a single contract.

Additionally, when a contract is ready for renewal, Perceptive Software’s solution automatically send you a notification, giving you ample time to renegotiate with your business partners for possible savings or additional earnings for your school.

Beyond the simplicity of single-click access to a contract, the secure electronic repository eases compliance and regulatory efforts. Easily run reports provide required information to auditors and regulatory bodies.

Transform Your Contract Management Processes

Use the Perceptive Software contract management solution to realize the full value of your contracts management process:

• Capture contracts and other documents from any source to boost productivity
• Check out the latest version of a document, check in a new version, review a history of revisions and create private versions
• Resolve vendor, business partner or other issues in seconds with real-time access to information
• Route related documents automatically for fast approval and payment
• Analyze productivity statistics and identify bottlenecks to gain greater efficiency