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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
OpenText™ Contract Center significantly shortens contract cycle durations while enhancing operational efficiency. This platform revolutionizes contract management by shifting from fragmented document processes to cohesive and intelligent workflows. It facilitates the automation of the entire contract lifecycle, encompassing creation, negotiation, approval, management, and renewal stages. By enabling both internal teams and external partners to access all contracts, it fosters seamless collaboration. Furthermore, the system optimizes contract creation, oversees document workflows, and boosts compliance through smart automation techniques. Users can generate comprehensive reports that integrate data from various sources, including ERP and CRM systems, thereby delivering valuable insights across the organization. Additionally, the platform allows for the automatic generation of contracts filled with relevant terms tailored for distinct business scenarios, while also enabling modifications using pre-approved clauses stored in a clause library. This holistic approach not only simplifies contract management but also enhances decision-making and strategic planning within the enterprise.
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
OpenText
Country
Canada
Website
www.opentext.com/products/contract-center
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