Great Minds Software Contract Management Software

Great Minds Software is your contract solution that promises to add corporate advantage through effective management of contracts. It is a scalable deployment that can fit small to large organizations. It has set the standards for quality contract management software fit for a wide range of organizations and industries from across the globe.

Contract Advantage is an affordable contract management solution by Great Minds Software. It is priced right for every organization size that will help improve efficiency in contract processes and functions. It comes in Standard Version, fit for those looking for solutions that can deliver for those with limited budget. This version can be upsized whenever an organization is ready for a more sophisticated deployment.

Contract Advantage: Great Minds Contract Management Solution

Client Server and Web Versions are more sophisticated versions of Contract Advantage, helping in the delivery of efficient contract management for all organizations across different industries. Great Mind Software’s Web Versions hosted solutions provides the power and features that an organization needs and comes with minimal outlay. It can be purchased to sit behind an organization’s firewall or can be hosted by Great Minds Software.

Contract Advantage promises a desirable flexibility that is scalable to any contract management automation needs, regardless of details and complexity. It brings management features from cradle to grave, phase by phase, or operational phase contract management. Fields and labels are customizable and can be renamed. In the Web version, every contract can be tailored to show only the fields and pages that are needed for the contract. New fields and pages can be added as needed, reports can be created, and data can be imported and exported.

Key Features of Great Minds Contract Management Software

One key feature of the Great Minds Contract Advantage is its document repository. It houses all documents like contracts, contract images, correspondence, spreadsheets, and amendments that are associated with every contract. All the stored documents become part of its full search capability. The Web Versions in the repository can also be searched in full text.

At has another feature called AdvantageAlert™ which is a notification system that is capable of automatic alerts to call action from those responsible in meeting milestones, due dates, and contract renewal or expiry. The notification system can send out warnings and status alerts of task list that users have set up. This helps minimize loses attributed to missed milestones and penalties from overlooked contract renewals.

Contract Advantage has its Clause Library which provides a collection of approved alternate and approved language that can be used to stipulate terms and conditions in the generation of contracts. Its Workflow features tracking capabilities for all products. It has the WebElite product which has an electronic routing system for document approval purposes.

Efficient and accurate reporting is possible with its extensive capabilities that include standard reports, exporting to Adobe Acrobat and Excel documents, which helps in easy analysis with its great compatibility with commonly used applications. All documents that are attached can be searched in full text in common formats like MS Word, MS Excel, MS Powerpoint, PDF, email, and other common file formats. Contract creation and management can be easily standardized with the application’s Contract Templates.