Emptoris

Includes a document generator and tools for creating new contracts.

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

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

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.

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

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

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.

Users can make changes to contract language using Microsoft Word.

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

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

Contracts are stored and organized in a central repository.

Users can easily look up contracts within the database.

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

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

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

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