Contract management

Managing contracts can lead to some administration and it also requires that you keep track of the contract dates that apply. In many cases this responsibility lies on the person that is responsible on respective contract which can lead to a contract date is forgotten when the person is on vacation or quits.

Advantum Contract management is a solution that makes it easy to manage contracts, find them and ensure that no contract dates are forgotten. In the system it is easy to register already approved contracts without any extra manual approval step is required afterwards. It is of course possible to create or register attachments as well if such exists or if additional amendments are added. It is also possible to create new contracts where the user easily can select the correct template that applies for the contract type. In the associated process there is a step for cases where a signature from an external party is needed which makes it possible to gather all files on one and same contract.

The system has support for reminders that is sent out before the notice period occurs where you can decide if you wish to prolong the contract, let it continue if auto prolong of the contract is set or let it expire. It is possible to notify more persons than the contract responsible for respective contract to avoid forgetting a contract date if the person in question is on vacation or have quit.

Using Advantum Contract management makes it easy to manage contracts and keep track of the different contract dates that apply to each contract.

Examples of functions in Advantum Contract management

Create and manage contracts and attachments
Create and manage documents
Template management
Version management
Electronic signature
Create and manage and sign with role
Standardized processes
Prolong contracts
Reminders for reminder date and expired date
Find information based on different perspectives and search functions
Management of access rights via groups and roles
Audit trail
Prepared import for documents

Operation

Advantum can either be installed in your server environment, in the cloud, or you can let us take care of the operation of Advantum in a strictly controlled server environment (Advantum ASP-service). Get in touch and we'll help you find the best operating solution!

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CLIENTS

Advantum provides bio-tech business, Alligator Bioscience, an effective overview of their contracts in terms of validity periods and notifications, access and permissions, and documentation related to the contracts.

an effective overview of their contracts in terms of validity periods and notifications

Some of the features

Advantum Contract management has been proven for many years in demanding environments.

Optimize revenue and costs

Advantum Contract management helps your organization to distribute important and sensitive contracts to the right role, position, and group.

Relations and cross references

Advantum Contract management helps your organization to connect contracts with documents, customers, suppliers, partners, products, services and more. This will create a comprehensive management of how contracts are linked and affect your organization

Alarm and reminders

Advantum Contract management reminds your organization when it is time to renew, terminate and negotiate existing contracts. With the help of automated emails to the right persons within the company, you will be notified when contracts are to be handled.