The newly introduced contract management module aims to assist borrowers in enhancing their contract and project execution. It comprehensively covers the entire contract implementation cycle, starting from contract signing to completion, consolidating all relevant contract management records.
Contract management is the process of digitally maintaining agreements made with customers, vendors, partners, or employees. This encompasses creating, managing, sharing and archiving business contracts, and should allow in-house legal and its business users to automate management processes while extracting business intelligence from those contracts.
Create legally binding contracts in seconds and keep all your contracts organized in one place. Also get real-time updates on the status of your contracts, and automatically record contract changes.
Contract Module is very helpful for proper documentation of the contracts done with clients showing the type of contract, the value, and time duration. The predefined settings can be done/ updated through Setup.
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Suite allows you to efficiently oversee all your business operations from a centralized platform.