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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
Contract Management
Create effective contracts that maximize business opportunity and minimize risk
Few aspects of business operations grow chaotic more quickly than contracts. Embedded in nearly all of an organization’s diverse operations, policy control of contracts, standardization of terms and aggregate understanding of total contract obligations often proves elusive. TeamConnect enforces workflow, policy, record-keeping and review associated with contracts, and supports aggregate analysis and reporting from a common data repository.
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.
Speed contract creation and improve consistency of terms
- 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
Adhere to 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 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 record for greater information access and visibility.