Contract Management Software Solutions
Optimize contract lifecycle management by streamlining every step of the process
Gain better control over contract management while minimizing risk. OnBase equips organizations to manage the contract lifecycle from request to approval to expiration and renewal, automating predictable steps while providing the information and tools personnel need to make recommendations and drive work forward.
With an OnBase contract management solution, you:
- Securely capture and store contracts and supporting data and documents
- Manage contracts like a "case," providing legal personnel with a 360-degree view of contract-related information, tasks, activities and correspondence
- Automatically route contracts for review, approval and execution (including digital signature)
- Receive automatic notifications of expirations and auto-renewals
- Support compliance with a full audit trail of all interactions
OnBase equips legal departments with complete visibility into the contract process, from a history of interactions with data to a clear view of current work and upcoming obligations. At the same time, organizations improve information access and collaboration with one central location for contract-related documents and data.
Benefits of OnBase for contract lifecycle management include:
- Accelerate contract cycle times and reduce operating costs, minimizing time spent searching for information and manually routing documents
- Provide insight into contract status and staff workloads, equipping managers to identify bottlenecks and improvement opportunities
- Proactively manage milestones, reducing the risk of missed expirations
- Minimize delays with remote and mobile access to contracts and approval tasks
- Maximize existing investments by linking contracts to other systems of record
An OnBase contract management system scales to support a variety of contract types – including supplier contracts, employment agreements and NDAs – and related processes, providing a lower cost of ownership and driving value organization-wide.