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Contract Management
TeamConnect Contract Management software is the one-stop solution for creating, managing, and leveraging contracts throughout the extended enterprise. Consolidate your portfolio of contracts and other agreements on a single system, reduce the risk of missed deadlines, and prevent duplicative efforts through language re-use.
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What Our Customers Have To Say
Maureen Tripp"As the global business expands, it is critical to have all North American agreements maintained in a single system. TeamConnect provides this functionality, along with a robust matter management system capable of evolving as our business requirements and competitive pressures change."
Senior Manager - Legal IT
Create, manage, and leverage contracts for risk reduction and business efficiency
Few aspects of business operations grow chaotic more quickly than contracts. Centralize contract management across business units using a single point of control. With greater visibility into legal and financial risks, TeamConnect helps ensure that your contracts adhere to business standards and objectives. Notifications and triggers manage key events to enforce important deadlines and deliverables.
TeamConnect Contract Management consolidates contracts across business units and geographies in an enterprise-wide repository. A clear view into commitments and deadlines, key parties, and main objectives helps ensure that contracts are created on time and with accurate information.
TeamConnect automates contract workflow, record-keeping and review, enforces policies, and supports aggregate analysis and reporting from a common data repository.
TeamConnect Contract Management is built on the same platform as other TeamConnect products, such as Matter Management, e-Billing, and Legal Hold, for a seamless legal operations management solution that allows you to pick and choose your modules.
Speed contract creation while improving consistency
- Store and manage contracts electronically
- Track contract status and generate effective documents
- Manage prevailing language, terms, and clauses
- Leverage verbiage from past contracts using document search functionality
- Track negotiations, amendments, and work orders
- Eliminate the risks and inefficiencies of manual review
- Expedite routing and approvals
- Search and access contracts based on type, date, or other key terms
- Track upcoming renewals, expirations, and other deadlines
Achieve business objectives and minimize risks through easy enforcement of standards
TeamConnect Contract Management helps enforce business standards for proper language, terms, and clauses. Users manage primary and alternate language without the risk of deviation, by simply checking the box above desired paragraph.
Additionally, TeamConnect’s central repository maintains all contracts, negotiations, amendments, and other related documents, thereby eliminating un-auditable file cabinets and paper trails. All documents are easily presentable with proof of all the necessary controls in place.
Leverage TeamConnect Legal for matter management and e-billing
TeamConnect Contract Management software can be implemented as a stand alone solution or used in conjunction with TeamConnect Legal. On a single platform, users can easily associate a dispute or other matter types to the contract management system for greater information access and visibility.