Collaboration and Visibility with Enterprise Contract Management

Contract management has evolved both in the role of strategic importance and technology to support the process.  Clearly automation has become a critical component of the management process. Contract management has evolved from the back office, manual, time-intensive process to an automated, efficient, and innovative process that can drive greater collaboration inside and outside of the organization.

In the past, one depended on out-of-date templates, email threads and version control issues.  With Contract Guardian, you have one-click-contracts (fully merged data),online collaboration including conversations with the vendor and of course complete support for redlines and version control as well as electronic signature.  The entire process is driven by the graphical workflow module in Contract Guardian.

"With increased collaboration and engagement comes enhanced visibility, uniformity, and compliance of the overall contract management process, which results in greater enterprise-level of performance."

Collaboration and Contract Benefit Examples

• Leverage existing suppliers and contracts to avoid maverick spending.
• Eliminate painful bottlenecks with automated workflow and electronic signature.
• Improved access and execution with mobile interface from anywhere at anytime.
• Uniformity and standardization of contracts by leveraging their repository contract templates with generation capabilities.
• Risk reduction with tools like a risk engine to identify any clause of concern.
• Manual contract reconciliation: Eliminate manual contract reconciliation time through process automation and access to more accurate contract file information.
• Contract underutilization: Control contract utilization with workflow tools that guide procurement staff to contract items on file.

About Contract Guardian has clients in 43 States and 9 Countries. Our Contract Guardian contract management software has been a key part of our overall success. Hospitals and healthcare were the first clients to leverage this powerful product and then it spread to other industries.

For more information, please contact us.