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The Contract Lifecycle
UpsideContract is an enterprise-class contract management solution providing full contract lifecycle management functionality – including collaborative contract creation and negotiation, performance, compliance and risk management, amendment and renewal processing, and event management – in a package that is completely web-based with no plug-ins required (100% zero footprint on the client).
UpsideContract is based on the Microsoft .NET technology, simplifying interoperability and integration with all other systems (including J2EE) on a platform that provides significantly better performance and usability. The advanced design and extensive flexibility of the user-configurable interface enables rapid user adoption while robust security ensures information and functions are granted only to the appropriate people.
To take full advantage of the system's implementation, UpsideContract comes with a robust deployment management tool, advanced document conversion capabilities, and Smart Paste functions which ease migration of structured word processor documents into the system while retaining their structure. UpsideContract improves every aspect of the contracting process and sets the standard for enterprise contract management best practices.
Click on a contract phase below to learn more about it.
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featured info: |
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Contract Lifecycle
(click a phase for more information)
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Contract Request
- Highly configurable, wizard-like interface.
- Provide users with an easy to use interface that guides them to contract request or creation via questions.
- One request for one or more contracts with one or more vendors.
- Requestor provides automatically validated information and details (vendors, items, quantities, etc.) to be included in the new contract(s).
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Authoring / Templates
- ‘Smart Template’ technology customizes contract content based on contract conditions & user entered variables.
- Build in logic to allow selection of alternatives using data provided and based on risk.
- Assign meta data to clauses and sections for rich analysis.
- Reduce cycle time by over 80% using our template analysis functionality.
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Negotiation / Collaboration
- Collaborative contract creation, renewal & amendment with rules-based review & approval workflow.
- Online negotiation functionality to refine terms & conditions, establish performance metrics, compliance items, critical success factors, payment terms, & schedules.
- Get the very best in redlining functionality, leveraging Deltaview (Workshare).
- Send Word documents to clients/vendors/partners and interact with
them without having them need a plug-in or macros, or anything else other than Microsoft Word.
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Review / Approval
- Approve via email functionality allows on-the-go contract negotiation.
- Clause level approvals allowing for dynamic collaboration with extensive tracking & audit trail.
- Powerful document compare & redlining functionality that offers extensive compare views and filtering.
- Built in click-to-accept functionality allows for quick approvals/rejections via your BlackBerry or any other PDA.
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Execution / Signature
- Full support for e-signatures, including the award winning EchoSign and DocuSign.
- Support for other leading e-signature solutions.
- Built in click-to-accept functionality
- Support fax based solutions where signed contracts can automatically be attached to the appropriate contract.
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Post Contract Management
- Vendor / supplier & customer relationship management capabilities including Performance & Compliance Management.
- Proactive compliance, performance & risk tracking, monitoring & event management.
- Contract and template optimization including rich analysis and reporting.
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Audit & Reporting
- Ad hoc reporting that enables complex, user-defined reports.
- Visual / Graphical reporting to leverage contract related information for true business intelligence.
- Richer reporting that displays (in various formats) cycle time & other relevant benchmarking data.
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Renewal / Amendments
- Renewals generate a new contract & retain all historical information from the originating contract.
- Advance notification of an expected renewal ensure vendor & customer processes are taken into consideration before the expiry date.
- Streamlined amendment process also provides a summarized document with signature block indicating only what’s changed from the prior version.
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