On–demand service model provides both the applications and services necessary for implementation within just days.
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Single enterprise wide repository to store all contract electronically in a centralized location
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Powerful search capabilities enable users to quickly find a single contract or a collection of contracts for reference or research.
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Powerful search capabilities support efficient audits of contracts and complete audit trails of contract changes.
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Comprehensive role based permission controls ensure contracts and terms are accessible to approved users.
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Contract authoring with integration to Microsoft word. On–line collaboration environment and configurable workflows.
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Delivers predefined analytical reports to examine supplier price variances by category, supplier and organizational divisions.
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Supports all the stages of contract life cycle management – creation, activation, analysis and compliance and includes reports, alerts and contract On boarding services
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Alerts and Actions dashboard keeps users informed of pending contracts creation activities
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Timely disclosures are supported by event alerts of material changes in existing agreements.
Ketera’s Contract Management solution, an on demand and web based solution, allows customers to create contracts, and store them in a single electronic repository to manage all aspects of the contract life cycle. Customers use the Ketera Contracts solution to achieve compliance and reporting on all contract management activities, improve visibility of all contracting and related activities and to improve supplier performance and streamline the procurement contract management processes.
Ketera Contracts provides a very simple and highly usable user interface which ensures that companies can roll–out the web contract management solution to many users in a short period of time with very little or no training requirements. Ketera Contracts management automation includes services and tools to offer the following capabilities:
Contract Repository: Ketera Contract solution provides you with an online, repository that can be accessed from anywhere, anytime. Powerful search capabilities enable users to quickly find a single contract or a collection of contracts for reference or research. Comprehensive permission controls ensure contracts and terms are only visible to approved users.
Contract Management: With Ketera’s web contract management solution, you can automate and control all the administrative process of contracting suppliers, including compliance management, amendments and renewals. Comprehensive permission controls ensure contracts and terms are only visible to approved users.
Reporting and Analytics: Ketera delivers predefined analytical reports to examine supplier price variances, examine contract usage throughout the enterprise to uncover overlapping contracts and volume consolidation opportunities. Ketera Contracts today includes an interactive and drill dashboard that provides both graphical views and text–based views at both a reporting level as well as at the operational or task level. Using the dashboard feature users can easily access our multi–dimensional reports which have extensive and interactive “slice and dice” functionality. By providing customizable alerts, our procurement contract management solutions help companies meet many of the financial reporting requirements arising in their procurement activities.
Integration and Services: To ensure a high rate of internal adoption and ease of use, Ketera Contracts is integrated to the MS Word to ensure easy creation of contracts. The Ketera web contract management solution also offers on–boarding services for converting existing paper contracts to digital formats to store them in a single and highly visible online repository and to make them easily searchable.
