The GMS Group Contract Management Software

The GMS Group contract management software is called Contract Administration System (CAS). It is an application to manage contracts and financial aspects of government and corporate contracts from small to large size organizations. The application is very proactive in the protection of an enterprise against overpayments of contracts.

Contract Administration System gets integrated with GOA applications for enterprises for a truly complete solution for the management of vendor contracts. It helps lower your total ownership and integration costs. Pricing of this application procurement and use is based on the volume of contracts.

This contract management software by The GMS Group has features that can help telecom, finance and utilities companies to get things done in the Approval Process Control, Completion Tracking, Invoice & Payment Tracking, Key Date Tracking as well as Invoice & Payment Tracking.

Features Of Contract Administration System (CAS) By The GMS Group

This application also features easy integration with Microsoft Office and Legacy System. It can manage multiple points of contact and contracts for multiple parties. It has easy to use access control as well as remote access. Its search functionality makes it easier for authorized users to find contracts which are deposited in electronic contract repository.

The GMS Group’s Contract Administration System is available on Windows platform and has customer support that is available only during regular business hours. CAS is the customized turnkey for contract administration that is fit for the demands in government and corporate contracts management. It has fill integration capability with other common enterprise applications which can help in efficient management of vendor contracts.

Contract Administration System’s easy integration features can help lower the cost of procurement which will also help with faster return of investment. It has full ERP integration for its accounts payable modules. It has limited invoice and contract visibility according to the corporate service of users. It also features an accounting system that is based on accruals. Its document management is efficient enough to aid in effective document management.

Why Use The GMS Group’s Contract Administration System

Contract Administration System by The GMS Group helps in the effective management of contracts by facilitating easier viewing of total recognized, billed, released amount, as well as the total contract value. The system provides secure access but allows full corporate viewing of invoice and contract data to authorized users.

This application supports accrual based accounting and holdback processing automation. Integrating the system to an organization’s daily applications helps in prohibiting payments that are fraudulent. Contract creation is not only done easily but can also be automated to enforce business rules. It uses Chartfield data and IMAGIS Vendor which helps define your contract structure. You get the structure of your contracts defined according to contract and selection type, corporate service, holdback percentage, and maximum amounts.

The GMS Group contract management software, Contract Administration System, defines contract distribution based on fund source, organization, business unit, account names, program and project systems. It also allows integration of the system to contract invoice transactions in PeopleSoft 8.4.

Its document management features easy attachment of documents associated with contracts which can be accessed within the contract itself. Enterprise Contract Control in The GMS Group’s Contract Administration System features full automation of contract management processes which help in more cost-effective business processes.