Emptoris Contract Management Sell Side

Gain Global Contract Visibility

• Maintain a single, central repository with easy access to all sales contracts and amendments across the global organization.
• Gain clear visibility into the sales contract process, from contract creation and negotiation, through approvals and execution.
• Access the business intelligence contained in contracts and analyze risks, compliance and revenue coming from those contracts.
• Extend the value of your CRM solution with important customer intelligence including complete customer and contract profiles available in the contract management solution.
• Gain quick access to customer and contract intelligence with robust contract search capabilities.

Accelerate Contract Closure and Capture Contract Renewals

• Accelerate time to closure by streamlining and expediting contract processes and gaining visibility into bottlenecks, negotiations and approvals.
• Generate custom reports on contract status, approvals and projected revenue.
• Enable improved collaboration with stakeholders across the enterprise including finance and legal.
• Enable exception-based approvals: only contracts that need to be secondarily reviewed by legal are routed for review.
• Reliably capture sales contract renewals and expedite revenue recognition with intelligent alerts and automatic contract generation.

Streamline Contract Processes

• Automate the contract management process from creation and execution, through performance monitoring, analysis, re-negotiation and renewal.
• Empower teams to collaborate and work together seamlessly in order to get deals completed faster.
• Allow contract information to be accessed by analysis tools downstream to improve customer service, structure better deals and gain negotiating leverage. 
• Leverage the Contract Wizard to allow casual users to easily draft contracts with pre-approved terms and language.
• Allow users to work directly in Microsoft Word while still maintaining contract controls.

Ensure Compliance and Mitigate Risks

• Ensure that agreed upon terms and obligations are clearly defined from the outset of a customer relationship.
• Certify that critical policies and terms are inherent within contracts to meet regulatory and corporate requirements.
• Automatically route contracts with non-standard language for proper review and approvals.
• Gain a clearer picture of commitments and obligations and help deliver renewals and total contract value.