Organizations manage many different types of contracts, including sales, procurement, IT, legal, and HR. Between growing volumes and a dispersed workforce, it is difficult to keep track of these contracts and maintain consistent approved legal language. Organizations need a way to ensure agreements are reviewed and signed on time by the right people.
OpenText™ Contract Lifecycle Management solutions provide cross-enterprise tools to manage the creation, approval and centralized storage of contracts and legal agreements.
Maintain consistent, approved legal language across contracts and ensure they are reviewed and signed by the right people, on time.
Store contracts from across the business in a single repository for a single source of truth of all-contract-related information.
Use contract templates and simple document-generation workflows to create new contract drafts in seconds.
Quickly secure approvals from a dispersed approver base and get real-time updates with automated contract signature workflows and e-signature capabilities.
Manage contracts across all lines of business in a single solution, including sales, procurement, HR, IT, legal, real estate and more.
Connect content with leading business applications to ensure contracts stay out of silos and information is available to users.
Organizations need to ensure contracts adhere to approved business language. Individually drafting contracts can cause problems during review and introduce unintended risk. Use contract templates and clause libraries to reduce common deviations.
Starting contract renewals early gives organizations time to work out new contract details. With a growing number of contracts, manually tracking renewal dates is difficult and risks rushed or missed deadlines. Automatically track upcoming renewals.
OpenText Consulting Services combines end-to-end solution implementation with comprehensive technology services to help improve systems.