Procureavenue's contract management solution enhances efficiency by automating and streamlining contract processes, ensuring transparency and risk management through a centralized repository. Key features include automated notifications for contract changes, deadline tracking, and collaborative negotiation capabilities. The solution aims to reduce contract cycle times, minimize risks from manual handling, and improve overall contract compliance.

1. Contract
Management
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Solution of ProcureAvenue

2. Contract Management
OVERVIEW
ProcureAvenue’s solution of Contract Management streamlines and automates contracts
of an organization to maximize revenues, minimize cost, and manage all contractual terms
and risks on one repository.
Any change in the contract are reflected in the form of notification to both the parties
involved in the contract with great transparency.
The solution aids effective management of the documentation, deadlines, budget and
commitments in relation to contract and its compliance.

3. Contract Management

4. Contract Management
FEATURES
• Automate your contracts using features like – contract library,
clauses, templates, etc.
• One single place to manage major components of contract
(like: Contract and Commitment)
• Auto alerts when the contract is about to expire

5. Contract Management
• Decrease the long contract cycles
• Collaborative negotiation
• Save the extra time spent on managing and tracking contrac
ts manually
• Minimize risks associated with manual entries
• Access contracts from anywhere
BENEFITS