Average Ratings 0 Ratings
Average Ratings 0 Ratings
Description
The Pims Contract Management module effectively registers, oversees, and tracks various project commitments, including contracts, sub-contracts, purchase orders, framework agreements, and call-offs. Gaining a comprehensive view of all contracts and their associated details is crucial for any project, and the Contract Management feature provides this essential perspective. With all relevant information organized systematically, projects benefit from enhanced oversight of categorized commitments, contract modifications, key milestones, and the implementation plans along with actuals related to each contract. Utilizing this module in conjunction with the Cost Management module equips you with both a broad overview of the project and in-depth insights into individual contracts. Additionally, by monitoring contract forecasts alongside all commitments, a solid foundation for the overall project forecast is established. This integration allows procurement teams and cost engineers to collaborate seamlessly within the same system, enabling them to effectively manage commitments and the funding associated with each commitment while ensuring project success. Ultimately, this holistic approach enhances decision-making and promotes accountability throughout the project lifecycle.
Description
Key Benefits:
- Quicker Revenue:
40% reduction in contract authoring time.
Quicker revenue realization (18% of sales cycle spent on contracting).
- Reduced Costs:
Reduction in revenue leakage – 9% of the bottom line.
Optimized spend & 10-12% reduction in expenses.
- Improved Compliance:
Reduced risk – 2% of annual costs.
Real-time contractual insights for improved compliance.
- End-to-end CLM platform:
One platform for legal, sales & procurement teams.
- Quick deployment:
Simplify contracts across the enterprise in just 3 months.
Features:
• Distinct functionalities for both buying and selling sides of contracts, providing a unique and tailored approach.
• Advanced Reporting
• Contract authoring and template & clause library management.
• AI-powered (NLP) contract analysis, metadata extraction, and search.
• Contract repository and document management.
• Contract collaboration and approval workflows.
• Contract milestone and obligation tracking.
• Contract renewal and expiration management.
• Centralized Desk and Controlled Access to data.
• Integration with other enterprise systems.
API Access
Has API
No
API Access
Has API
No
Integrations
Adobe Acrobat Sign
No
Coupa
No
Docusign
No
Google Cloud Operations Suite
No
Google Workspace
No
Leegality
No
Microsoft Dynamics 365
No
NetSuite
No
Oracle CRM On Demand
No
Oracle Fusion Cloud ERP
No
Integrations
Adobe Acrobat Sign
Yes
Coupa
Yes
Docusign
Yes
Google Cloud Operations Suite
Yes
Google Workspace
Yes
Leegality
Yes
Microsoft Dynamics 365
Yes
NetSuite
Yes
Oracle CRM On Demand
Yes
Oracle Fusion Cloud ERP
Yes
Pricing Details
No price information available.
Free Trial
No
Free Version
No
Pricing Details
SaaS model
Free Trial
No
Free Version
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Customer Support
Business Hours
Yes
Live Rep (24/7)
No
Online Support
Yes
Customer Support
Business Hours
Yes
Live Rep (24/7)
Yes
Online Support
Yes
Types of Training
Training Docs
Yes
Webinars
No
Live Training (Online)
Yes
In Person
No
Types of Training
Training Docs
Yes
Webinars
Yes
Live Training (Online)
Yes
In Person
No
Vendor Details
Company Name
Omega
Founded
1992
Country
Norway
Website
omega.no
Vendor Details
Company Name
SimpliContract
Founded
2020
Country
United States
Website
simplicontract.com
Product Features
Contract Management
Buy Side (Suppliers)
No
Completion Tracking
Yes
Compliance Tracking
No
Contract Lifecycle Management
Yes
Electronic Signature
Yes
Full Text Search
Yes
Government Contracts
No
Pre-built Templates
Yes
Sell Side (Customers)
No
Specialty Contracts
No
Version Control
No
Workflow Management
Yes
Product Features
Contract Management
Buy Side (Suppliers)
Yes
Completion Tracking
Yes
Compliance Tracking
Yes
Contract Lifecycle Management
Yes
Electronic Signature
Yes
Full Text Search
Yes
Government Contracts
No
Pre-built Templates
Yes
Sell Side (Customers)
Yes
Specialty Contracts
Yes
Version Control
Yes
Workflow Management
Yes