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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
Fratera offers a procurement-centric approach to contract management tailored for small and medium-sized enterprises. This solution empowers you to manage vendor relationships effectively while providing a comprehensive view of active contracts, expenditures, their significance, and impending renewals. You can easily draft or upload contracts, and with the assistance of AI, transform documents into organized, searchable files that are always subject to human review. Approvals can be managed through customizable delegation-of-authority pathways, and electronic signatures can be executed directly, eliminating the need for external signing services. Team collaboration is seamless, ensuring that records remain current, and crucial deadlines—such as renewal periods and action dates—are automatically monitored, with a personalized "My Work" queue for each user to track their tasks. Security is built into the framework rather than being an afterthought; it features role-based access for individual contracts, a comprehensive audit trail, and single-tenant isolation to keep your data in a dedicated database. Enjoy the complete benefits of enterprise contract lifecycle management at a fraction of the traditional cost and complexity, enabling you to get started in just days instead of waiting for months. With Fratera, managing your contracts becomes not only simpler but also more efficient and secure.
API Access
Has API
API Access
Has API
Screenshots View All
No images available
Integrations
Microsoft 365
Microsoft SharePoint
Pricing Details
No price information available.
Free Trial
Free Version
Pricing Details
4000$/year
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
Fratera s.r.o.
Founded
2026
Country
Czech Republic
Website
fratera.io
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
Vendor Management
Audit Management
Contact Management
Customer Database
Self Service Portal
Supplier Master Data
Transaction History
Vendor Maintained Profiles
Vendor Managed Inventory
Vendor Performance Rating
Vendor Qualification Tracking