ST6 Contract Management | Contract Management

ST6 Contract Management

Make contracts the cornerstone of your supplier relationship. ST6 Contract Management is a central repository of all contracts across your organization. It gives you a simple and efficient way to store, manage and search all information related to corporate contracts.

Manage the complete lifecycle of your contracts: Create new contracts within minutes using templates and clause libraries. Then review and approve them with suppliers and co-workers in real-time collaboration mode. Store the key data of your contract in one single place to make it accessible to every stakeholder. Finally, track, review an renew your contracts on a regular basis.

Product features

Benefits

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			Provide a company-wide data store with key data for all our contracts.
			Collaborate and approve on contract documents with your suppliers and co-workers in real-time.
			Search across all contracts using powerful, Google-like full-text retrieval.
			Apply expiration reminders and escalation management to your contracts.
			Restrict view and access rights by user, division, organizational unit, role, commodity and other criteria.
			Provide a complete audit trail of all contract modifications (who, what, when, etc.).
			Build your contracts using a clauses library.

	Speeds up the contract creation and negotiation process by up to 80%.
	Gives the whole company real up-to-date information on contracts.
	Increases the quota of contract compliant purchases leading to significant savings.
	Improves the corporate compliance of your contracts.
	Provides best practice sharing between different departments.