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Trusted by happy customers across industries for their contract management best practices.

Centralized Contract Repository

A comprehensive guide to harnessing Microsoft Office 365 SharePoint for Contract Lifecycle Management

  • Easily Search and Retrieve Contracts: Quickly access all contracts from a single, centralized repository.

  • Built on SharePoint: Leverage the trusted Microsoft 365 SharePoint platform for secure access and customizable permissions.

  • Automated Metadata: Automatically capture and categorize key contract details like metadata for easy, fast retrieval.

  • Streamline Organization: Eliminate time wasted on searching for contracts by centralizing your documents and processes.

  • Enhanced Security: Rest easy knowing your contracts are secure with customizable permissions and access controls.

  • Real-Time Updates: Stay informed with up-to-date contract data, ensuring you’re always on top of your obligations.

Contract Renewals & Cancellations

Efficiently Manage the Contract Lifecycle on Microsoft 365 SharePoint

  • Automatic Renewal Notifications: Streamline the contract renewal process and receive alerts for upcoming contract renewals to avoid missed deadlines.

  • Track Renewal Dates: Track cancellations, amendments, expirations, and other key contract dates and keep an eye on critical renewal dates, preventing costly lapses in coverage or service.

  • Simplified Cancellations: Easily track and manage contract cancellations, keeping your team aligned and on schedule.

  • Prevent Costly Mistakes: Avoid penalties and overages by staying ahead of renewal and cancellation deadlines.

Contract Obligations Management

The comprehensive guide to implementing a successful contract management system

  • Track Key Obligations: Keep track of important obligations and milestones outlined in your contracts.

  • Automated Alerts: Receive automated alerts and notifications for upcoming obligations to ensure compliance.

  • Comprehensive Dashboard: View all outstanding obligations in one intuitive dashboard for quick status checks.

  • Manage Deliverables with Ease: Track key deliverables and timelines, ensuring nothing is overlooked.

Contract Reports and Insights

contract management technology

  • Customizable Reporting: Generate detailed, customizable reports on contract performance, renewals, and obligations.

  • Gain Visibility: Understand contract health and trends with in-depth, real-time analytics.

  • Instant Access to Reports: Quickly generate and access reports to make informed, data-driven decisions.

  • Monitor Contract Performance: Evaluate how your contracts are performing against key metrics and KPIs.

Secured Permissions & Access Control

automated contract management software

  • Granular User Permissions: Customize who can view, edit, or approve contracts based on their role or department.

  • Role-Based Access: Protect sensitive contract data by restricting access only to authorized users.

  • Audit Trails: Maintain a secure record of who accessed or made changes to contracts for compliance and tracking purposes.

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AI-Assisted Contract Migration Tools 

contract management technology

  • Seamless Contract Migration – Quickly and securely migrate contract documents from other platforms.

  • Flexible Document Import Options – Easily import and upload documents in a variety of formats, including Microsoft Word, Excel, PowerPoint, etc.

  • AI-Powered Data Extraction – Utilize AI contract migration tools to easily extract data from contracts.

  • Automated Storage & Organization – Automatically store uploaded and migrated documents into designated folders.

  • Effortless Document Retrieval – All documents are automatically indexed and tagged for easy retrieval.

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How customers use our ConvergePoint Contract Repository Software?

automated contract management software

Problem #1: Difficulty Finding Contracts Quickly

Scenario: A legal team spends hours searching through physical files or a disorganized digital folder structure to find contracts, causing delays and increasing frustration.

Solution: ConvergePoint Central Contract Repository automates metadata tagging and advanced search, ensuring quick contract access, and enhanced workflow efficiency. Contracts are organized and accessible, saving time and improving workflow efficiency.

Problem #2: Missing Contract Renewals and Deadlines

Scenario: A procurement team often misses key renewal dates, leading to missed opportunities, contract lapses, and financial penalties.

Solution: ConvergePoint Renewal Notifications automatically flag deadlines and send alerts, keeping teams ahead of renewals, preventing penalties, and maintaining business continuity.

Problem #3: Tracking Complex Contract Obligations

Scenario: Compliance teams struggle to track obligations and milestones in multiple contracts, resulting in missed deliverables and compliance risks.

Solution: ConvergePoint Obligations Management tracks obligations in real time with automated alerts and a dashboard, minimizing risks and ensuring compliance.

 

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News & Articles

See Our Latest Contract Management News & Articles

The Importance of a Centralized Repository in Contract Lifecycle Management Platforms
The Importance of a Centralized Repository in Contract Lifecycle Management Platforms
why contract tracking software is essential for modern organizations
Why Contract Tracking Software is Essential for Modern Organizations?
How Do You Manage Your Contracts_ 5 Best Practices for Success
How Do You Manage Your Contracts: 5 Best Practices for Success

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