ContractManagement provides a trusted way to manage contracts and monitor terms of agreement with your suppliers, alerting you when important items fall due – the result of which may bring about savings for your company.
Registration – contracts are scanned or imported electronically. Terms & Conditions and other import information is registered.
Monitoring – contracts are monitored for important events such as the date for renegotiation, extension and termination. Automatic monitoring provides security and control.
Contract and PurchaseDynamics interact to provide important controls between requisitions and purchase orders. Use standing orders or “self-billing” to remind you to make payments to contract terms.
Accessibility – Authorisation and approval rules are set up against Contract. All interaction with contract module is via web interface.