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