Average Ratings 0 Ratings
Average Ratings 0 Ratings
Description
Streamline and automate the entire contract lifecycle—from initiation and creation to negotiation, execution, and expiration. Provide your organization with comprehensive visibility into all contracts, enhancing compliance, reducing risks, and boosting employee productivity. Utilize our automation solutions for more intelligent contract drafting and effective tracking of contract information. Implement automated workflows for crucial processes such as contract creation, review, registration, renewal, termination, and requests for contract modifications. Monitor outcomes from public expenditures to ensure that payments align with performance metrics. An escalation matrix, integrated from the client's active directory, will systematically establish the escalation hierarchy. Additionally, maintain a clause repository that includes essential information on contract clauses, such as clause ID, name, and content, to facilitate efficient contract management. This comprehensive approach not only enhances operational efficiency but also ensures that all stakeholders are well informed throughout the contract 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
No
Customer Support
Business Hours
Yes
Live Rep (24/7)
Yes
Online Support
Yes
Types of Training
Training Docs
Yes
Webinars
Yes
Live Training (Online)
Yes
In Person
Yes
Types of Training
Training Docs
Yes
Webinars
Yes
Live Training (Online)
Yes
In Person
No
Vendor Details
Company Name
Newgen Software
Founded
1992
Country
United States
Website
newgensoft.com/solutions/enterprise-service-management/contract-lifecycle-management/
Vendor Details
Company Name
SimpliContract
Founded
2020
Country
United States
Website
simplicontract.com
Product Features
Contract Management
Buy Side (Suppliers)
No
Completion Tracking
No
Compliance Tracking
No
Contract Lifecycle Management
No
Electronic Signature
No
Full Text Search
No
Government Contracts
No
Pre-built Templates
No
Sell Side (Customers)
No
Specialty Contracts
No
Version Control
No
Workflow Management
No
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