Contract Management

A typical engineering and construction project is made up of independent parties working together under a construction manager. Architects, designers, engineers, contractors, suppliers and manufacturers must coordinate their efforts across different locations, often using disparate technologies developed specifically for their professions. And the geographic dispersion and time constraints that characterize the engineering and construction industry place unique burdens on the contract management function. You must make information available on the signatory, execution date, entity, subject and location of the authoritative original contract. You must also associate this information with the tracking information of related emails, instant messages, phone conversations, meeting notes and status reports.

Meet your Business Goals

  • Streamline the process of drafting, revising and approving contracts
  • Improve regulatory compliance in all jurisdictions

Key Performance Indicators

  • Shorter contract lifecycles
  • Fewer dates missed, and exceptions handled effectively

OpenText helps companies maintain control over contractual agreements with Enterprise Content Management (ECM) solutions. Various company departments, divisions and regions can work together to support all processes relating to a contract throughout its entire lifecycle—from creation through fulfillment and modification to termination.

ECM solutions for Contract Management from OpenText deliver this functionality with the following components:

Supplemented by Business Content (e.g., predefined workflows) to give you a head-start in configuring workstreams and processes, Consulting Services, Training and Support tailored to meet your requirements.