Why eContracts?
eContracts is a master solution for all your contract management needs. All aspects of contract management features are included such as contract creation, negotiation, lifecycle management, governance, security and performance management.
Users from diverse areas of business can collaborate on contracts, perform duties proactively, prioritize tasks and mitigate risks at every level. eContracts supports all contract management scenarios and use cases to help your teams turn business deals into success stories.
Contract Repository
Secure, reliable repository in the cloud or on-premise for all contract related information.
Contract Record
Organize all documents, metadata, amendments, correspondence and notes for each contract in single contract record.
OCR and Contract Discovery
Capture and analyze data from text in contract documents using discovery and OCR tools.
Contract Lifecycle Management
Fast track events in the contract lifecycle and reduce contract cycle times
Renewals and Terms
Set up Contract Management features such as renewals, expiration and close out processes for contracts with auto renewals, reminders and approval processes.
Milestones and Reminders
Track important deadlines in the contract lifecycle and create reminders for assigned users or groups
Amendments and Change Management
Support contract amendment process with approvals, document automation and comprehensive audit trails.
Contract Obligation Tracking
Manage contract deliverables and commitments by creation of obligations in eContracts and use automated reminders for sameAuthoring and Reviews
Create new contracts within minutes and accelerate legal reviews using workflows
Template Authoring and Document Automation
Use pre-approved templates to quickly draft contract documents.
Document Review Workflows
Route documents through pre-configured or ad hoc workflows to contract reviewers in a serial or parallel fashion.
Authoring Add-in for Word and Integrated Clause Library
Instantly add standard terms and clause language to contract documents from clause library using the Word add-in.
eSignature
Sign your contracts electronically by integrating with industry standard providers including DocuSign, AdobeSign and Citrix RightSignatureContract Administration
Standardize contract governance and reduce all possibilities of error
Administration Dashboard
Business area dashboards, provide administrators and business owners, a quick overview on contract activity within their department, team or location.
Counterparty Management
Associate each contract with one or more counterparties from eContracts counterparty database to use counterparty level reporting and management features.
Contract Governance and Risk Management
Standardize contract governance, reduce all error possibilities and keep compliance at check
Contract Governance Areas
Define and set up governance areas for each business unit to administer templates, permissions, workflow rules, and user access.
Contract Labels, Clauses and Terms
Tag contracts with specific clauses and terms as you create or upload documents to support legal search, analysis and reporting.
Contract Financials and Obligations
Capture expected revenue and spend of a contract with features for currency conversion and calculations for lifetime value, annual value.
Users and Roles Management
Add users to eContracts from Active Directory or SharePoint groups, and manage access for the overall system, specific repositories or individual contracts.User Dashboard
Users get a quick view of most important contract tasks from a single interface.Legal and Contract Service Desk
Support business issues and legal requests with contract management features like prioritization, team level task auto- assignment, escalation and delegation.Request Management
Supports business users submission of requests for new contracts, amendments templates and 3rd party contract review.Cycle- time reports
Analyze contract process bottlenecks by tracking time spent on each approval or review task or stage using our contract cycle-time reports.
Try us. You will love the eContracts experience.
