eContracts - CLM Demo and Editions

Product Editions

eContracts^TM is available in multiple editions to support the needs of organizations of different sizes and stages in the adoption of contract management processes.

Product

Team edition

The Team edition is meant for the Contracts team to be able to manage contracts for their own organization and with some limited ability to provide access to external users. Typically these teams are anywhere from a single contract manager (with other reviewers and power users) to a group of 5-10 contract managers (with up to 50 reviewers and power users).

Business edition

The Business edition is for mid-size organizations that want to implement contract management processes and extend them to Sales, Procurement and other areas of the business with self service capabilities, contract request capabilities, extensive support of business process activities, obligation and milestones for all business users and self-initiated business review, technical review and other processes managed within the system.

Enterprise edition

The Enterprise edition is for mid-size to large organizations that includes all of the features and functionality of the business edition but extends it with contracts business intelligence, extensive support for compliance and business analytics. There is also support for clause management.

Feature

Contract Repository
Virtually can handle unlimited number of contract records.
Contract types
Unlimited contract types with contract type level configurations.
Contract Relationships
Support for individual contracts & contract with master-child relationship.
Contract Quick Create
Wizard that allows for quick contract creation and upload of multiple contract documents.
Milestone Management
Manage milestones around a contract with milestone ownership and reminders.
Contract Status Management
Manage contract status throughout the life cycle with automatic and manual status update.
Approval & Review workflows
Route contract for approvals or review with the ability to select participants for routing.
Contract Areas
Organize contracts by contract area for easy management and security.
Counterparty List
A list of external counterparties that can be associated with contracts.
Clause Tagging
Tag clauses available within contract documents for easy reference.
Company Profile Management
Manage multiple legal entities within the company using company profiles.
SSRS based canned reports
Standard contract reports based on repository and statuses.
Search
Search for contracts, within contract documents and the counterparty list.
Business User Portal
Extend the application to users outside the contract management team with gradual profile driven security.
Business User Profile
Business user specific profile for managing attributes like job functions, organizational hierarchy, reporting users etc.
Workflow Definition
Predefine workflow per contract type for approvals, reviews, renewals and signature routing.
Contract Requests
Users outside the contract management team can request for new contracts.
Obligation Management
Assign and manage contractual obligation ownership with business users.
Counterparty Management
Manage a counterparty database with detailed information like contacts, documents and milestones.
Amendment Management
Manage amendments made around a contract during its life cycle.
Contract Renewal Workflow
Renewal workflows for approvals of contract extensions with or without amendments.
Contract Document Generation
Automatically create contract documents with standard templates with autopopulated metadata.
Automatic Milestone & Reminders
Automatic setup of custom milestones and reminders in relation to standard milestones like start data and end date.
Contract Signature Workflow
Route contract for collecting signed documents to multiple signers.
Process Activity Definition
Define processes stages for managing contract and automatically guide users through each stage.
Compliance Notifications
Notify compliance users when standard processes are not followed for any contract.
Compliance Reports
Reports on non-compliant contracts and activity tracking.
Rules based alerts
User level alerts subscription on system level events.
Contract Performance Dashboard
Track the performance of counterparties and contract with the performance dashboard.
Clause Management
Automatically populate contract documents and tag contracts with the latest version of approved clauses.
Counterparty Portal
A cloud based portal to share contracts with your counterparty for reviews, obligations and signature.

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Enterprise

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