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Contract Administration Software

Contract Administration Software

Overview

What is Contract Administration Software?

Contract Administration Software is a contract management system designed to improve organization and management in the contract formalization process. This software is suitable for companies of any size, making it accessible to both small businesses and large enterprises. It is utilized by various...

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Pricing

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Entry-level set up fee?

  • No setup fee

Offerings

  • Free Trial
  • Free/Freemium Version
  • Premium Consulting/Integration Services

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Acquirell is a SaaS procurement technology suite solution tailored to SMBs. Acquirell enables businesses to save the time of their procurement teams by eliminating manual workflow and automating the procurement process. The E-Sourcing module of Acquirell enables the companies to attain more savings…

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Product Details

What is Contract Administration Software?

Contract Administration Software is a contract management system designed to improve organization and management in the contract formalization process. This software is suitable for companies of any size, making it accessible to both small businesses and large enterprises. It is utilized by various professionals and industries, including legal professionals, law firms, procurement and supply chain management professionals, contract managers and administrators, human resources professionals, and the financial services industry.

High Transaction Volume Management: According to the vendor, the software has the capability to handle high volumes of transactions and efficiently manage contracts.

Request Creation and Tracking: Users can create and track requests sent to the legal department for the generation of contracts or legal instruments.

Workflow for Instrument Management: The software offers a complete workflow that covers capturing information, validation, tracking, and formalization of requested legal instruments.

User Profile Management: Users can manage profiles with different levels of access and permissions within the system.

Automated Distribution of Requests: Requests are automatically distributed to the legal department for attention and follow-up.

Configurable Alerts and Email Notifications: Users can configure alerts and receive automatic email notifications related to the contract management process.

Template Management: Predefined templates can be used for generating different types of documents, such as contracts and commercial agreements.

Calendar and Holiday Management: Users can manage calendars and holidays to better plan and schedule activities related to contract management.

Customizable Workflow Phases: The software allows customization of workflow phases, user configurations, and specific controls for each phase.

Contract Administration Software Technical Details

Deployment TypesSoftware as a Service (SaaS), Cloud, or Web-Based
Operating SystemsUnspecified
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