Folio Description
It can be difficult and time-consuming to manage contracts, risks, compliance and audits. Folio is a simple and fast solution that you can use. Folio offers configurable templates, workflows and notifications that will ensure that nothing is missed. Too many risk management systems are just tick-the-box solutions. Folio elevates Risk Management from a routine task to a business process. Folio provides real business value to Boards, Management, and Operational Teams by managing Risk, Compliance and Incidents. Folio is the trusted source for contract information. It manages the entire contract lifecycle, from request and performance management to renewal. Folio goes beyond just storing contract documents and tracking expiry dates.
Folio Alternatives
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Unknown numbers of active contracts, their locations and who is responsible can put your organization at risk. Are there contracts scattered throughout your organization? Are you able to easily search for the most recent versions? Are you aware about all the upcoming renewal and termination dates? Are you paying for services that you aren't receiving? Are contracts being sent out without being reviewed and approved by your legal team. It is more difficult to keep track of which contracts are being issued and who is responsible. Contracts can be costly for your business in the form of unrealized benefits and penalties. A contract management software is essential for your business. It will manage all aspects of the contract lifecycle, including approvals and requests, renewals, and obligations.
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CINCEL
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Zycus iContract
Increase contract cycle times. Critical legal information can become scattered and exposed. You may miss savings opportunities that arise from contract expiry. Increase risk quotients across legal, market and procurement ROI (return-on-investment) risk quotientWe then configure and empower our contract management solutions to meet your specific procurement objectives, so that you gain the power to influence business performance. Accelerated contracting and improved compliance across multiple legal or government regulatory systems. Enhanced security, continuity and stewardship of important contract documents. Reduced maverick spending, and less erosion of cost savings that are built into contracts. Greater awareness of market conditions and contract expiry. During negotiation, audit trail, version management and side-by-side comparisons of versions were performed.
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Pricing
Free Trial:
Yes
Integrations
No Integrations at this time
Company Details
Company:
Kwela Solutions
Year Founded:
2013
Headquarters:
Australia
Website:
www.usefolio.com
Media
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Product Details
Platforms
SaaS
Type of Training
Live Online
In Person
Customer Support
Phone Support
Folio Features and Options
Contract Management Software
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
Folio User Reviews
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