contracts+ contracts+ powers organizational excellence€¦ · updates in the contract and approval...

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CONTRACTS+ Contracts+ Powers Organizational Excellence JAGGAER.com MOST ORGANIZATIONS still create and manage contracts manually — a process that sets them up for inaccuracies, noncompliance, unnecessary risk, and legal issues. Industry analysts estimate that standardizing and automating the process could save these organizations up to 10% of their total annual costs by automating their contracts. The right contracting tools eliminate inefficient contract management pitfalls that occur across the lifecycle: Manually searching for contracts in file cabinets and individual online directories Missed expiration and milestone dates costing both time and money Loss of control due to missing contract performance measurements Lack of visibility into outstanding liabilities or SOX compliance Missing records of previous negotiation failures and successes Simply gaining control of the contracting process can have a significant impact on the bottom line. SAVINGS THROUGH CONTRACT MANAGEMENT AUTOMATION Automating contract management brings top-line and bottom-line benefits that lead to a strong ROI for any size organization: Collaborate and process contracts easier and faster with a central contract repository Negotiate with suppliers via email and attachments, or directly over the JAGGAER ONE Supplier Network Enable your suppliers to submit invoices directly from contracts to reduce invoice process time Create contracts instantly from Salesforce.com opportunities Get alerts regarding upcoming and past due commitments, including individual obligations

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Page 1: CONTRACTS+ Contracts+ Powers Organizational Excellence€¦ · updates in the contract and approval process • A comprehensive and configurable contract authoring library with Smart

C O N T R AC T S +

Contracts+ Powers Organizational Excellence

JAGGAER.com

MOST ORGANIZATIONS still create and manage

contracts manually — a process that sets them up

for inaccuracies, noncompliance, unnecessary risk,

and legal issues.

Industry analysts estimate that standardizing and automating

the process could save these organizations up to 10% of

their total annual costs by automating their contracts.

The right contracting tools eliminate inefficient contract

management pitfalls that occur across the lifecycle:

• Manually searching for contracts in file cabinets and

individual online directories

• Missed expiration and milestone dates costing both time

and money

• Loss of control due to missing contract performance

measurements

• Lack of visibility into outstanding liabilities or SOX

compliance

• Missing records of previous negotiation failures and

successes

Simply gaining control of the contracting process can have a

significant impact on the bottom line.

SAVINGS THROUGH CONTRACT MANAGEMENT AUTOMATION

Automating contract management brings top-line and

bottom-line benefits that lead to a strong ROI for any size

organization:

• Collaborate and process contracts easier and faster with a

central contract repository

• Negotiate with suppliers via email and attachments, or

directly over the JAGGAER ONE Supplier Network

• Enable your suppliers to submit invoices directly from

contracts to reduce invoice process time

• Create contracts instantly from Salesforce.com opportunities

• Get alerts regarding upcoming and past due commitments,

including individual obligations

Page 2: CONTRACTS+ Contracts+ Powers Organizational Excellence€¦ · updates in the contract and approval process • A comprehensive and configurable contract authoring library with Smart

• Minimize creating and

authoring time with

an out-of-the-box and

configurable library of

clauses and templates

• Increase security and

validity by eliminating

rogue contracts, creating

a robust audit trail

and ensuring security

with automatic policy

enforcement

EASY TO IMPLEMENT AND USE

The award-winning

Contracts+ solution allows

organizations to manage

the complete contract

lifecycle with the following

features:

• Central contract

repository to create a

“single source of truth”

for each contract as it

goes from authoring

through approvals and

compliance tracking

• Native editing inside

Contracts+ with the

industry’s only contract

management Office

App--users can edit with

Microsoft Word without

having to use exports,

imports, or even plug-ins

• Support for negotiating

contract versions via

Microsoft Word email

attachments. Contracts+

tracks every attachment

for robust version control

and comparison.

or approver based on a comprehensive set of contract

variables, including monetary value, type, commodity

and risk level - allowing stakeholders to monitor the

detailed progression of their contract as it moves through

workflow

• Flexible reporting capabilities across the contract portfolio

provide insight into compliance, upcoming events, and

line item obligations for superior management control

STREAMLINE AND MANAGE OPERATIONS WITH CONTRACT LIFECYCLE MANAGEMENT

• Manage all contract types including procurement/

sales/general, single, and multi-supplier, umbrella,

manufacturer/distributor, and more

• Reuse templates configurable with individual

company/organization style guides

• Collaborate internally and externally with a central

copy of the contract and integration with DocuSign

and Adobe Document Cloud for electronic signatures

• Manage financial performance including price

compliance, renewal & amendments, and milestones

• Salesforce.com

integration that creates

contracts directly from

Salesforce.com Sales

Opportunities, with full

two-way synchronization

allowing every

stakeholder to have

access to the most recent

updates in the contract

and approval process

• A comprehensive and

configurable contract

authoring library with

Smart Templates for

contracts, clauses, and

individual obligations--

users can choose from

out-of-the-box or custom

templates standard to

each organization

• Complete Obligations

Lifecycle Management

including an obligation

library for authoring,

approval workflows,

expiration/past due

alerts and overall

status dashboards

• Real-time notification

system for key contract

management functions

including events,

compliance, performance

& delivery, assessment,

and management –

keeping stakeholders

up to date and optimizing

the value of business

agreements through

the entire lifecycle

• Configurable workflow

engine that dynamically

routes agreements to the

right internal reviewer

24/7 PRODUCTIVITY FOR MOBILE USERS

• Approve, reject,

forward, and assign

contracts and other

workflow objects such

as requisitions

• Receive push

notifications for new

action items

• Download and view

attachments

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USA

+43.1.80.490 80

[email protected]

EUROPE

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