Multiple Contract Types

The system allows the contracts group to pre-define the various standard and non-standard contract types that can be defined for the whole organization in addition to ad-hoc contracts that are stored within the system.

Contract types allow the definition of milestones (like expiry of lease for a lease agreement), custom meta-data (like the leaser and lease information), specific workflows (if reviews, and approvals are needed), clauses tagged to this type of contract, required documents and exhibits for this contract type (like lease agreement along with insurance certificates, and bank guarantees). You can also define optionally contract document templates for auto-generation of documents for standard contracts.

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