Business relationships, like personal relationships, can be amorphous and nuanced, but the contracts that govern those relationships are not. Organizations must carefully write, manage, and track their contracts, even though the relationships behind those contracts may continually shift and defy definition.
No one has a foolproof tool to help you escape the pitfalls and challenges associated with business relationships, but we do have tools that remove the stress of contract management.
ConvergePoint™s SharePoint Contract Management Software supports contracts from creation through final approval. Within SharePoint, the Contract Management Portal tracks all activity in a fully customizable workroom. From the moment collaboration on a contract begins, management can monitor all aspects of the contract and align it with budgetary limits. This one-stop shop forcontract management makes it easier for people to provide feedback and make necessary changes before the contract is finalized. It reduces rework, revisions, and employee resources, ultimately netting you valuable revenue.
The Contract Management Software also monitors contracts that need to be renewed, revised, or terminated. Managers can view a dashboard and receive alerts so that they can review and complete any new work on contracts before crucial deadlines. This high level of visibility encourages individuals to complete their portion of the work accurately and on time. Moreover, we engineer the portal to conform to each organization™s unique requirements, enabling culture- and industry-specific communication and compliance.
Business relationships may be complicated, but your contract management system doesn™t need to be. Leverage SharePoint to the fullest withConvergePoint™s Contract Management Software Template.
Related Article:
- How to avoid these Common Contract Management Pitfalls to Improve Efficiency & Reduce Risk?
- How to Close the Deal Faster with Robust Contract Lifecycle Management?
Take a moment to download our Free Resource by Clicking Below – Empowering Contract Lifecycle Management with Microsoft Office 365 SharePoint