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Description
Lack of clarity regarding the number of active contracts, their storage locations, and the individuals accountable for them can significantly heighten your organization's exposure to unnecessary risks. Are your contracts dispersed throughout various departments? Can you swiftly search for and access the most recent versions? Do you have a comprehensive understanding of all impending termination and renewal dates? Are you potentially paying for services that you are not actually receiving? Are contracts being executed without undergoing a thorough review by your legal team? As the volume of contracts within your organization increases, it becomes increasingly challenging to monitor their locations and the responsible parties. If contracts are not effectively managed, they could place your business at risk for substantial losses due to unclaimed benefits or compliance violations. To mitigate these risks, it is essential for your organization to implement a contract management solution that oversees the entire lifecycle of contracts, encompassing everything from initial requests and approvals to managing obligations and renewals, thereby ensuring better oversight and reduced risk. Such software can not only streamline processes but also enhance accountability across the organization.
Description
Overseeing contracts, risks, compliance, incidents, and audits can often be intricate and labor-intensive. If you seek a solution that is not only user-friendly but also quick to deploy, consider exploring Folio. Folio offers customizable templates, streamlined workflows, timely notifications, and comprehensive reports that ensure nothing falls through the cracks. Many risk management systems merely serve as superficial compliance tools, but Folio transforms Risk Management from an infrequent task into an integral part of business operations. By addressing Risk, Compliance, Incidents, and Audits, Folio provides significant value to Boards, Management, and Operational Teams alike. It stands out as the premier resource for contract-related information, overseeing the entire contract lifecycle—from the initial request to performance management and eventual renewal. Moreover, Folio enhances Contract Management beyond just the basic functions of document storage and monitoring contract expiration dates, allowing organizations to achieve a higher level of efficiency and effectiveness in their contract processes. This comprehensive approach not only simplifies management tasks but also fosters a proactive culture of compliance and risk awareness within the organization.
API Access
Has API
API Access
Has API
Integrations
Microsoft 365
Microsoft SharePoint
Pricing Details
No price information available.
Free Trial
Free Version
Pricing Details
No price information available.
Free Trial
Free Version
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Vendor Details
Company Name
Navantis
Founded
1998
Country
Canada
Website
www.navantis.com/contract-records-management/
Vendor Details
Company Name
Kwela Solutions
Founded
2013
Country
Australia
Website
www.usefolio.com
Product Features
Contract Management
Buy Side (Suppliers)
Completion Tracking
Compliance Tracking
Contract Lifecycle Management
Electronic Signature
Full Text Search
Government Contracts
Pre-built Templates
Sell Side (Customers)
Specialty Contracts
Version Control
Workflow Management
Product Features
Contract Management
Buy Side (Suppliers)
Completion Tracking
Compliance Tracking
Contract Lifecycle Management
Electronic Signature
Full Text Search
Government Contracts
Pre-built Templates
Sell Side (Customers)
Specialty Contracts
Version Control
Workflow Management
Desktop Publishing
For Newspapers / Magazines
For Printing
For eBooks
HTML Import / Export
Handles Database Formats
Image Editing
Multiple Editing Layers
Object Snapping / Grouping
PDF Export / Import
Templates