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Contract Management Software Approval Workflows

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Contract Management Approvals

Your contract managers need signed approvals on several contracts, but the process has been bottlenecked for several reasons: There’s a stack of contracts to be signed sitting on upper management’s desk, and they’re not sure which ones take priority. There are also so many contracts outstanding, that your contract managers are having trouble staying on top of the status of each.

ConvergePoint’s Contract Management Software ensures the right people only review and approve the right contracts at the right time. Custom SharePoint workflows allow you to upload files or simply provide the necessary details to move onto the next phase. Once your legal team has received the request and procurement begins, the contract can move through additional reviews and approvals before obtaining a signature.


Contract Management White Paper

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Contract Review and Approval Features

Manage all of your contracts using one robust system
  • Upload documents or use templates to finalize contract negotiations
  • Use the approval system to email outside of your organization, while keeping your data secure behind your firewall
Ensure the data you need is captured
  • Use custom forms and fields tailored to your business process needs
  • Keep all notes in one central document repository
  • Save your legal team’s time by ensuring they have all information (contract details and supporting documents) stored in one place so they can have relevant, related discussions
Improve collaboration with custom workflows
  • Let your contracts go through multiple reviews before being approved with our multi-tiered approval system
  • Give designated users access to discussion boards, comments, metadata and auto-updating version history with unique profiles that are attached to each contract request and carried over to the contract’s creation
Increase revenue opportunities with real-time audit reviews
  • Gain the chance to see and evaluate inefficiencies in your current contract processes

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We surpass our clients’ high expectations by delivering powerful compliance management software and solutions on Microsoft’s SharePoint and Office 365 platforms.

INDUSTRIES SERVED

Education

Manage employee and teacher contracts, sponsorship deals, city and state regulations, and partnerships.

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Insurance and Employee Benefits

Create and manage employee contracts, improve organizational transparency, reduce risk factors, and mitigate lawsuits.

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Healthcare

Comply with HIPAA, HITECH, ICD 9, ICD 10, and FDR CFR regulations for contract management, and handle active directory contracts for your organization.

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Financial Services and Banking

Comply with SEC, FDIC, FINRA, OCC, CFTC, and Federal Reserve regulations on contracts, handle employee contracts, and partnership deals.

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Manufacturing and Retail Industry

Manage supplier and vendor contracts, employee and staff contracts, distribution contracts, and facility leasing and ownership contracts.

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Energy and Utilities

Abide by local, regional, state and federal regulations, manage contractor information, develop third-party outsourced contracts, and handle facility agreements.

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Transportation

Comply with FAA, DOT, FMCSA, FRA and FTA regulations for contracts, outline contracts for drivers and vendors, and reduce potential risks.

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Contract Management – Best Practices

Visit our resource library for industry best practices and how our Contract Management Software has helped numerous clients in your industry.

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