Name: Liquid
Author: Liquid

Help Desk

Live Chat

Web and Video Conferencing

Customer Support

AI Development

Image Recognition

Version Control

Development

Business Intelligence (BI)

Collaboration

Enterprise Legal Management

Transportation & Logistics

Workflow

Enterprise

Accounting

Anti-Money Laundering (AML)

Investor Relations

Finance and Accounting

Applicant Tracking

Corporate Learning Management

HR Management

HR Service Delivery

Payroll

Talent Intelligence

Talent Management

Workforce Analytics

Workforce Management

Human Resources

Cloud Brokers

Cloud Storage

Converged Network Adapters (CNAs)

Custom Software Development Services

Data Integration

Data Privacy Management

Database Load Balancing

Density-Optimized Servers

Fraud Detection

Governance, Risk & Compliance

Integration Platform as a Service (iPaaS)

Migration

Mobile Application Performance Monitoring  (APM)

Network Performance Monitoring

NoSQL Databases

Privileged Access Management

Release Management

Server Management

Tape Storage

Time Series Databases

Unified Endpoint Management (UEM)

Information Technology

A/B Testing

AI Writing Assistant Software

Ad Serving & Retargeting

All-in-One Marketing

Content Management

Customer Experience Management

Customer Journey Mapping

Digital Experience Intelligence

Digital Rewards

Email Marketing

Marketing Automation

Mobile Advertising

Press Release Management

Product Information Management (PIM)

Product Intelligence

Social Media Management

Survey & Forms Building

Tag Management

Video Collaboration

Web Analytics

Marketing

Project Management

Professional Services

Customer Communication Management

Customer Relationship Management (CRM)

Headless eCommerce

eCommerce Analytics

Sales

Animation

Computer-Aided Design (CAD)

Construction Workforce Management

Loan Servicing

Patient Engagement

Vertical-Specific

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Liquid is a global payment solution aimed at small businesses. According to the vendor, it provides secure and efficient payment processing, micro escrow services, and a procure-to-pay workflow. The goal of Liquid is to simplify the payment process, save time on onboarding and payments, and ensure compliance and security. This versatile platform caters to a range of professions and industries, including freelancers, independent contractors, small business owners, entrepreneurs, service-based businesses, e-commerce businesses, and international businesses.

## Key Features

**Micro escrows**: According to the vendor, Liquid Trust provides micro escrows to protect against payment delays, defaults, and fraud. Businesses can hold payments in third-party micro escrow accounts, helping to reduce risk and equalize power in business relationships.

**Global Pay**: Liquid supports secure single or bulk business payments to 175 countries. The vendor claims that the same workflow can be used for paying domestic or international individuals or entities. Liquid supports ACH, card, wires, and FX payments through bank partners.

**Procure-to-Pay**: Liquid offers a full onboarding to global pay workflow for managing vendors and contractors. According to the vendor, it includes contract execution, document collection, and compliance checks. The platform provides customizable onboarding processes and collects tax forms upfront.

**Flexible, micro escrow solution**: According to the vendor, Liquid Trust offers a flexible micro escrow solution to meet modern business needs. It provides revenue opportunities and additional deposits for bank partners, while aiming to improve the customer experience for SMB customers.

**Secure single or bulk business payments**: Liquid Pay enables secure payments to 175 countries, offering clear transaction fees and ensuring payees are paid in full. The platform supports various payment methods and integrates with the contract-to-pay solution, according to the vendor.

**Full onboarding to global pay workflow**: According to the vendor, Procure-to-Pay provides a comprehensive onboarding process for vendors and contractors. It manages contracts, collects documents, and ensures compliance, enabling efficient management of vendors and contractors.

**Usable Data from All Contracts and Documents**: According to the vendor, Liquid's contract management system organizes vendor files and agreements, providing data for reminders of upcoming renewals and terminations. The agreement data is used throughout the system for efficiency and matching to invoices.

**Execute Contract and Collect Paperwork in Minutes**: According to the vendor, Liquid allows for fast contract execution and collection of necessary paperwork. Standardized and customizable onboarding processes ensure compliance, and tax forms are collected upfront to simplify annual filing.

**Your Flexible Team is Always Ready to Work**: According to the vendor, Liquid's contract and bench management system keeps your flexible team organized. The vendor database allows for easy searching and tagging, ensuring proper approval and onboarding of vendors.

**Managing Your Bench with Ease**: According to the vendor, Liquid's bench management feature simplifies managing a flexible team. It provides a ready-to-work vendor database with tags and notes for easy organization, while ensuring compliance and collecting necessary paperwork upfront.

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Liquid

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

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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Liquid

Overview

What is Liquid?