Contract Management Software

Reviews to help you choose the best software for your business

 

Apttus Contract Management Software

Apttus Contract Management Software is thought as one of the most functional modular solutions in the market today. Being modular, this software allows you to pick a specific function you’d like to automate. It is capable in the management of functions, processes and contracts for a few users and even up to thousands. It is a subset of the Complete Solutions Suites by Apttus, intended to focus more on contract management.

The software’s modules allow for an end-to-end lifecycle monitoring of processes, which helps improve monitoring capability with increased visibility. This contract management software is easy to deploy and allows immediate benefits. When properly deployed, immediate return of investment is possible attributed to your ability to take full control of the processes and to effectively manage risks.

Apttus Contract Management Suite has these modules:
· Contract Wizard
· Contract Author
· Contract Comply
· Electronic Signature.

These modules can be deployed according to the type of problem you’d like your business to address. Every module can be deployed in combination with the others or as an individual component. The modules can also be deployed at any time, and only when needed.

The Apttus Contract Management Modules
The modules are described in the following sections:

1. Contract Wizard
This Apttus module allows you to instantly generate an agreement through filling out a form as long as there are no violated rules. Such allows easy access that is needed for real-time and fast, but accurate, generation of business contracts. You can notify anyone of the request through the deployment of a notification engine. You can fax any signed contract or any document without having to do some scanning, directly storing it into the data repository.

2. Contract Author
This module includes all contract capabilities from creation, negotiation, to revisions of contracts. It allows you to draft contracts in MS Word, and has an MS Word interface that makes it easy for users to draft the contract. Its features and libraries such as templates, process management, and business terms are fully available in MS Word. The module is capable of auditing changes and actions done on a contract, and can even alert users when non standard terms are used in the contract. All data that has been placed is efficiently captured in the application’s backend system.

3. Contract Comply
This module serves as the repository which allows storage and retrieval of data using sophisticated management, with capabilities on dashboard, search, and reporting for analytics. The dashboard allows 360° view for all the tools utilized in the management of legal, finance, executive and contracts as well as for reporting. The search feature is capable of doing both simple and advanced search on data elements like contracts, clauses, provisions, and others. It is also capable of internal and external communication using email templates. It can be integrated into Lotus Notes, MS Outlook, and other email applications that your business already uses.

4. Electronic Signature
The electronic signature capability allows users to sign documents online without the need to print, snail mail, or fax documents. The electronic signature or e-signature now replaces the traditional pen-and-ink method of signing any document. The module can execute simple to complex requirements of your business. The Apttus Electronic Signature Professional is intended for simple to standard capabilities while the Apttus Electronic Signature Enterprise can be used for the more complex and very advanced business requirements. The application allows a fast and convenient way of getting legally binding and secure electronic signature. Using this module helps businesses save some time and administrative costs in producing legally binding contracts and other documents.

Every module comes with Contract Analytics that’s “out of the box”. This analytical capability helps you gain a deeper understanding of your contracts, processes and functions. This allows fast business discovery as you can have an access to dashboards that show meaningful reports, allowing a user to see the root cause of problems with only a matter of clicks. This makes it easier to monitor and capture important analytics for contracts and transactions from a few displays of data at the dashboard.