Cloud Based Management Software

Business Requirement

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Ease of Use: The solution should be user-friendly and easy to use, with intuitive navigation and simple processes for creating contracts.

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Automation: The solution should automate as many tasks as possible to reduce the manual effort required to create, manage, and track contracts.

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Template-based Contract Creation: The solution should allow end-users to create contracts using pre-defined templates, reducing the time and effort required to create new contracts.

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Centralized Repository: The solution should provide a centralized repository for all contracts, enabling customers to securely store and manage all their contracts in one place.

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Approval Process Automation: The solution should allow contracts to be assigned to different teams for approval and track the status of the approval process in real-time.

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Contract Tracking: The solution should provide real-time updates on the status of contracts and the ability to track key milestones such as approval and completion.

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Solution Overview

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The move from paper contracts to digital contract management makes it easier to manage and automate tasks, reducing the need for manual intervention.

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The client and our team worked together to create a cloud-based contract management system, where users can create contracts using templates.

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Customers can use the centralized contract management repository to securely create, manage, and optimize contract processes, from creation to approval and completion.

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Real-time updates on contract status and the ability to track milestones such as approval and completion, helps customers stay informed and on track.

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Contracts can be downloaded in both pdf and excel formats, making it easy to access and share information.

Business Impact

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Improved Contract Visibility:A centralized repository for all contracts allows for easy access and viewing of contracts, increasing transparency and reducing miscommunication and disputes.

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Streamlined Contract Processes:Automating contract processes, such as contract creation, approval, and renewal, saves time and resources.

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Enhanced Contract Compliance:A contract management solution helps ensure contracts are executed and managed in compliance with internal policies and external regulations, reducing legal and financial risks.

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Better Contract Negotiations:A clear overview of all contract terms and conditions allows for more efficient and effective negotiations, resulting in better contracts and stronger relationships.

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Increased Contractual Efficiency:Automating routine tasks such as contract renewals and expirations, the overall contract management process becomes more efficient, reducing the risk of missed deadlines or lapses in coverage.

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Technology Stack

Key Features

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Create new contracts using template and import word documents

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The dashboard view displays the list of contracts, option to edit meta data and search using keyword

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PDF and Excel based data export

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Assign workflow assignees and view status of contracts

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Add notes in contracts

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Search contracts by metadata

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Attach supporting documents

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Add Digital Signatures to contracts

Goal Achieved

Using a centralized contract management repository, customers will be able to securely create and manage contracts. They will be able to automate and optimize the contract process from creating contracts to adding electronic signatures and assigning to different teams for the approval process. Real-time up-to-date about contract status and ability to track contract milestones such as approval and completion. The contracts can be downloaded in pdf and excel format.

Trusted and Proven Engagement Model

  • A nondisclosure agreement (NDA) is signed to not disclose any sensitive information revealed over the course of doing business together.
  • Our NDA-driven process is established to keep clients’ data and IP safe and secure.
  • The solution discovery phase is all about knowing your target audience, writing down requirements, and creating a full scope for the project.
  • This helps clarify the goals, and limitations, and deliver quality products & services.
  • Our engagement model defines the project size, project development plan, duration, concept, POC etc.
  • Based on these scenarios, clients may agree to a particular engagement model (Fixed Bid, T&M, Dedicated Team).
  • The SOW document shall list details on project requirements, project management tools, tech stacks, deliverables, milestones, timelines, team size, hourly/monthly rate cards, billable hours and invoice details.
  • On signing the SOW, an official project kick-off meeting shall be initiated.
  • Our implementation approach, ecosystem, tools, solutions modelling, sprint plan, etc. shall be discussed during this meeting.

Our Award-Winning Team

A seasoned AI & ML team of young, dynamic and curious minds recognized with global awards for making significant impact on making human lives better

Awarded Bronze Trophy at CII National competition on Digitization, Robotics & Automation (DRA) – Industry 4.0

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50+

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Engineers

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40+

AI & ML
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reputed Clients

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5yrs

in AI & ML
Engineering

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