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Product Editions

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

Product

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  • Why eContracts?

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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What is New and Happening?

Upcoming Release

In the upcoming release of eContracts for sharepoint 2013 and Office 365, we will be providing a native support Project based Contracts, RFx management with self-service portals for IT, Procurement and Sales. We will also provide native support for contract approvals from mobile devices.

Given the need for comprehensive Contract, Compliance and Financial Data we will be introducing data level security for contracts. Also, features to support deeper spend, and revenue analysis with the ability to extract and load data from Enterprise Systems like CRM and ERP are to be launched.

Upcoming Webinar Schedule

Content Updates

WhitePaper New!
Contract Management solution Trends

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