Name: Accord
Author: Target Information Systems

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Accounting

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Crypto Tax

Online Trading

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Banking

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Vertical-Specific

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The Accord Contract Management System aims to streamline contract management processes, enhance compliance, and improve overall contract performance. It caters to businesses of all sizes, from small and medium-sized enterprises (SMEs) to large corporations. Professionals and industries such as legal professionals, contract managers, procurement teams, compliance officers, risk management professionals, and sectors including construction, manufacturing, healthcare, technology, and professional services can benefit from this system.

**Unlimited Users and configurable user permissions**: Accord allows for unlimited users with configurable permissions based on the organizational hierarchy. This ensures appropriate access and control over the contract management system.

**Forward-Look for workload planning**: Accord provides a Forward-Look Report for effective resource planning, offering visibility into contract end dates, renewals, extensions, and other milestones.

**Built-in procedural compliance and workflow**: Accord incorporates built-in workflows and features for consistent adherence to contract compliance processes. Mandatory fields and approvals enforce compliance throughout the contract management lifecycle.

**Collaborative working environment**: Accord provides a collaborative hub for contract and supplier information, facilitating secure and compliant collaboration among stakeholders from different departments.

**Clear visibility on Expiries, Renewals, Extensions, and End Dates**: Accord offers clear visibility into contract expiries, renewals, extensions, and end dates, enabling timely action and avoiding missed opportunities or unwanted auto-renewals.

**Centralized supplier and contract document repository**: Accord provides a centralized repository for easily accessible, organized, and securely controlled storage and management of supplier and contract documents.

**Individual team member homepages**: Accord offers individual team member homepages providing an overview of tasks and contract status, keeping users updated on their responsibilities and contract progress.

**Integrated Procurement Projects Tracker**: Accord includes an integrated Procurement Projects Tracker compliant with OJEU regulations, enabling organizations to track and manage procurement projects from initiation to close-off.

**Integrated Spend Analytics tool**: Accord provides an integrated Spend Analytics tool for analyzing and tracking contract-related expenses, assisting organizations in making informed decisions.

**KPI tracking**: Accord offers KPI tracking capabilities for monitoring and measuring contract performance against predefined metrics, facilitating contract assessment and identification of areas for improvement.

Essentials

Business

Concord

signNow is an eSignature solution with mobile apps for iOS and Android. signNow can be integrated into popular platforms and offers SaaS, public cloud, and private cloud deployment options with the same underlying API. This enables customers to leverage the power and usability of the signNow eSignature platform, while meeting their particular security and compliance requirements.

Business Premium

Site License

airSlate SignNow

Accord

Contract management software is a program or series of related programs for storing and managing legal agreements such as contracts with vendors, leases and licensing agreements.

Contract Management

Target Information Systems

Contract Authoring

Features related to the contract authoring process.

Contract creation

Includes a document generator and tools for creating new contracts.

Contract templates

Allows users to set up templates or templatize old contracts in order to make new contract creation easier and more consistent.

Clause library/saved fields

Users can save certain fields of a contract for re-use; these may be stored in a template or a clause library.

Integration to CPQ

Integrates to CPQ software so that calculated quotes/configuration details can feed into contracts. This is an important element of automation in the contract authoring process.

PDF generator

Users can generate PDFs of contract documents.

Contract attachments

Users can attach other documents, like invoices, images, meeting minutes, memos, etc, to contracts.

Guided logic

Automated questions (based on company policies and the circumstances of the deal) help with the contract authoring process; this is an example of partial automation.

Contract Collaboration

Features related to collaborating on contracts.

Contract sharing

Users can easily and securely share contracts with internal users and external users. Contracts are accessible.

Contract editing

Contracts can go through multiple drafts and revisions; the software supports multiple versions and version comparison.

Contract merge

Multiple versions of a contract can be merged.

Collaborating on contracts

Internal and external users can collaborate on contracts without changing the text of the contract; this may be done through comments, questions, and/or message board conversations.

MS Word plug-in

Users can make changes to contract language using Microsoft Word.

Approval process

Approval workflows can be configured to streamline and automate the approval process; the approval process is helpful and convenient.

Parallel approvals

Users can set up complex workflows to handle parallel approvals.

Interdepartmental workflows

Users can set up interdepartmental workflows so that contracts can flow between teams in a logical and organized manner.

Contract Monitoring

Features that enable users to monitor the status of contracts.

Contract database

Contracts are stored and organized in a central repository.

VORs

Allows users to send/receive variation order requests and coordinate these with contracts.

Contract search

Users can easily look up contracts within the database.

Contract milestone reminders & alerts

Users can schedule reminders and/or trigger alerts according to contract milestones.

Custom contract reports

Users can create custom reports about the status of contracts, contract timelines, efficiency, and revenue tied to contracts.

Tracking contract status

Users can track the status of a contract as it moves through the approval process and beyond.

Salesforce integration

Integrates to Salesforce so that contracts are tied to contact’s CRM records.

Compliance check

Users can define and enforce complex business rules related to compliance regulations; helps automate or partially automate contract compliance check.

Tools and features to aid in contract management and formation.

Contract Storage

Centralized storage and management of all contracts in one place.

Document Management

Ability to upload, organize, and track changes to contract documents.

Advanced Search and Filtering

Efficient search functionality and advanced filters to quickly locate specific contracts or clause language.

Version Controls

Ability to track and manage different versions of contracts, including changes made and the history of revisions.

Customizable Contract Templates

Pre-defined templates that can be customized for different types of contracts.

Workflow Acceleration

Streamline the contract approval process by automating workflows and notifications.

E-Signatures

Capability to electronically verify user signatures, eliminating the need for physical signatures and enhancing efficiency.

Reminders and Alerts

Automated alerts and reminders for important contract dates, deadlines, and milestones.

Analytics and Reporting

Generate reports and gather insights on contract status, performance, and compliance.

Integration with other Systems

Ability to integrate with other tools, such as CRM or ERP systems, to exchange contract data seamlessly.

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Accord

Overview

What is Accord?