Signing documents online can seem really simple, but it’s not a process that you should take lightly. If someone tries to legally challenge your documents, you need to know that your digital signature technology can hold up in court.
Bastion Technologies EPICS Contract Management is a web-based contract CMS built on over 20 years of experience that enables customers to increase their profits and lower costs associated with employees spent on the management of contracts. The platform allows users to reduce the time needed to handle contracts by eliminating the threat of manual errors and simplifying the management process.
ASC Contracts is a contract management platform that provides a robust feature set to automate, streamline and simplify sales, procurement, employment, partnership and other contract lifecycle needs as well as document, form, pricing and quoting, order tracking and other business process management requirements.
Managing multiple approvals, eliminating bottlenecks, minimizing costly delays, and overseeing disparate workflows are all challenges you must navigate to get deals closed, and if there is a lot of complexity, it can be difficult to avoid stepping on your own feet. This is exactly why contract lifecycle management (CLM) software exists.
Everyone’s a salesperson when trying to explain the benefit of new technology to key stakeholders and those who will ultimately back the implementation project. It is very difficult at most companies to fund new projects, so hedging your bets early on with a rock-solid business case that outlines CLM best practices, pointing out benefits that are particularly pertinent to your company’s needs, is critical to getting project support. Here are a few key points to keep in mind as you being constructing your “sales pitch.”
Contraxx is a contract management solution that’s built on the feedback of thousands of contract managers, intended to help users manage documents at an enterprise level. The platform enables users to create all types of contracts, and the system guides users through contract creation by handling the bulk of the legal wording.
Companies that use contract lifecycle management software understand that contracts are not just a part of business, but an asset that needs to be nurtured, maintained, and structured for best results. A great contract management system is a critical part of business success. It must be easily adoptable by multiple users representing different departments and be completely customizable while simplifying contract workflow.
Contract management software captures and sorts documents into personal service agreements, equipment and facilities leases, joint ventures, recruiting arrangements, and other areas addressed under Stark Law. Permission-based access controls create guardrails for users and what they can and cannot do in certain documents, preventing errors from being introduced and causing problems down the road.
If you’ve ever spent time as a corporate general counsel, you know that managing a contract is more complicated than it seems. While almost every contract starts with a request, and ends (hopefully) with renewal, there’s a lot of work—and sometimes chaos—in between.
To see why technology companies need to keep an eye on contract and revenue management, look no further than your smartphone. Think about where it came from. You likely bought it from a retailer, which received it from a distributor, which relayed it from the manufacturer, which sourced the dozens of components from equally as many suppliers.