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Users of Exigent Contract Management software have found it to be an indispensable tool for organizing and managing their contracts …
Overview
What is Exigent Contract Management?
Exigent Contract Management is a solution designed to simplify contract management, streamline operations, and provide valuable insights for organizations. According to the vendor, this software caters to companies of all sizes, from small businesses to large enterprises. It is utilized by various...
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- About
- Tech Details
What is Exigent Contract Management?
Exigent Contract Management is a solution designed to simplify contract management, streamline operations, and provide valuable insights for organizations. According to the vendor, this software caters to companies of all sizes, from small businesses to large enterprises. It is utilized by various professions and industries, including corporate legal departments, law firms, compliance and regulatory professionals, contract managers, and procurement professionals.
Key Features
Data Discovery: According to the vendor, this solution allows users to conduct contextually aware searches across the entire contract portfolio using cognitive and contextual search capabilities. The vendor also states that the solution can be implemented quickly with robust access controls, making it suitable for various applications beyond just legal.
Data Extraction: The vendor claims that this software enables users to drive business analyses by extracting structured data from the contract portfolio, providing valuable insights.
CMS Express: The vendor states that this feature allows users to securely store contracts in a central repository and benefit from rapid search, data extraction, and obligation management capabilities.
CMS Power: According to the vendor, this software offers industry-tailored AI capabilities to identify risks and opportunities, empowering organizations to make informed decisions.
CMS Decision: The vendor claims that this feature helps generate revenue, drive decision-making, and develop strategies through a holistic business solution for contract management.
Greater Visibility, Faster: According to the vendor, this software allows users to view contracts organized by family, amendments, and related documents, which can help highlight areas of concern. The vendor also states that machine learning models can identify common contract features or be tailored to fit unique business needs.
Flexibility and Customization: The vendor claims that users can customize the contract management solution to integrate with ERPs or BI systems and tailor the platform to meet specific industry requirements.
Transform Legal From Cost Center to Value Driver: According to the vendor, this software enables users to extract, process, and analyze contract data to plug revenue leakage and inform business strategy, ultimately turning the legal department into a value driver for the organization.
Expert Support and Managed Services: The vendor states that users can collaborate with data scientists and senior attorneys to ensure accurate and legally relevant data. The vendor also claims that a quality assurance team reviews results for accuracy and relevancy, providing ongoing monitoring, problem resolution, and support for the contract solution.
Impactful, Cost-Effective AI: According to the vendor, this software utilizes sophisticated machine learning technology to extract the right data and accelerate insights, minimizing risk and maximizing return on investment.
Exigent Contract Management Technical Details
| Deployment Types | Software as a Service (SaaS), Cloud, or Web-Based |
|---|---|
| Operating Systems | Web-Based, Mac, Windows, Android, iPhone, iPad |
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- Pros
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Users of Exigent Contract Management software have found it to be an indispensable tool for organizing and managing their contracts effectively. With its user-friendly interface and intuitive navigation, customers have praised the software for its ease of use. Reviewers have noted that the software has significantly improved their contract management processes, leading to increased efficiency and productivity.
One key use case of Exigent Contract Management is its ability to centralize all contracts in one location, eliminating the need for manual searching and reducing the risk of losing important documents. Users appreciate being able to store and access all their contracts easily, saving time and effort. Additionally, the software's advanced search and filter capabilities allow users to quickly locate specific contracts based on various criteria, further enhancing their ability to manage contracts efficiently.
The reporting and analytics features of the software have been commended by customers as valuable tools for gaining insights into contract performance. These features provide users with the ability to track key metrics, identify bottlenecks, and make informed decisions for overall contract improvement.
Another important use case of Exigent Contract Management is its automated reminders and notifications feature. This functionality helps users stay on top of contract deadlines and renewals, preventing any potential lapses or missed opportunities. By receiving timely alerts, users can take appropriate actions proactively, ensuring that all contractual obligations are met in a timely manner.
Integration capabilities are also a significant benefit of this software. Users have praised its seamless integration with other business systems, which allows them to streamline their contract management workflows. This integration eliminates the need for manual data entry or switching between multiple platforms, resulting in improved efficiency and accuracy in contract management.
Customizable workflows and approval processes have been highly appreciated by users as they enable them to align contract management with their organization's specific requirements and policies. This flexibility empowers users to automate approval routing, enforce compliance measures, and ensure consistency across all contract-related activities.
Finally, customers value the robust security features of Exigent Contract Management, including access controls and encryption. These measures protect sensitive contract information, ensuring that only authorized individuals have access to confidential data.
In summary, Exigent Contract Management software offers a range of valuable use cases for users. From centralizing contracts and enhancing search capabilities to automating reminders and notifications, the software improves efficiency and productivity in contract management processes. Its integration capabilities, customizable workflows, and robust security features further contribute to a comprehensive and user-friendly solution.
Centralized Platform: Multiple users have praised Exigent Contract Management for providing a centralized platform that allows easy access to all necessary information. This has resulted in time and effort savings, as there is no need to search through multiple systems or documents.
Responsive Customer Support: Reviewers have consistently expressed their satisfaction with the attentive and responsive customer support provided by the Exigent team. This positive experience indicates that customers can rely on efficient assistance when needed.
User-Friendly Interface: Users have highlighted the software's user-friendly interface and navigation capabilities, making it effortless to retrieve data. The ease of accessing information suggests that Exigent Contract Management offers a system that is intuitive and simple to use.
Difficult Navigation: Users have found it challenging to navigate back to a previous page, as the software takes them to the beginning of a section instead of just one page back. This issue has been mentioned by several reviewers and impacts their overall user experience.
Confusing Attachment Location: The layout of the software does not make it intuitive for users to locate attachments, causing confusion and frustration. Multiple reviewers have expressed difficulty in finding attachments, indicating that this is a common issue with the system.
Inaccurate Data Entry and Quality Control: Concerns have been raised about the accuracy and quality control of data entry in the software. Numerous reviewers have reported errors in every report that need manual correction, highlighting a recurring problem that affects data reliability and efficiency.