ADVANCED CONTRACT MANAGEMENT
Contract Management Software
Maximise the value of your supplier agreements
Anticipate. Plan. Achieve.
Advanced Contract Management helps organisations take control of their supplier agreements and plan for the future. Our contract management solution puts you in the driving seat of your contract negotiations by providing you with all the tools you need in one centralised location.
Efficiency and visibility are two of the main priorities for procurement teams. Whether your organisation is within the NHS, Higher Education, local government, or the private sector, we have a solution that is simple to use, implement and manage.
"Advanced Contract Management is a genuine game changer that provides a solution to common procurement and contract management challenges whilst giving you un-precedented access to, and oversight of all procurement and contract activity within your organisation."
Michael Robinson, Managing Consultant at Arc Blue
Contract integrity controls
Checklists and activities
Alerts and Reminders
Options, Extensions and Deeds of variation
Automated tracking and reporting
Import actual spend for analysis
Built in dashboards
Modern User Interface
Easy to use
We understand and solve your key issues
We build products which are designed to solve our customers key challenges.
- Lacking visibility of contracts
Manage contract details and documents in a single system. Avoid unwieldy spreadsheets, lost documents and missed elections and renewals. Classify your contracts and share details with relevant teams avoiding local silos of information. Public organisations can easily publish relevant contracts.
- Business growth is making spreadsheets unmanageable
At Advanced we partner with you to tailor a solution that fits the needs of your organisation. Familiarise your team with contract management and begin your journey towards streamlined contracting processes. With fully scalable services, your contract management capabilities can grow with you as your budget, scope and maturity increase.
- Struggling to get actionable insights from contracts
Drive real insights to your company’s contract landscape and receive actionable insights around a range of factors including contracts, spend, supplier performance and sentiment as well as timelines and contract history. Both executives and end-users can gain invaluable insights into both individual contractor management and overall contract process performance.
- No integration with finance and accounting systems
Advanced Contract Management is fully integrated with Advanced Financials and can link to other Cloud solutions as well as on-premise accounting systems from Advanced, Microsoft, Oracle, Sage, SAP and Unit4. Now you can have a single source for supplier and contract details and actual spend data can flow into Advanced Contract Management for live dashboards and analytics.
How our contract management software can help you
FEATURES & BENEFITS
Reporting & Dashboards
Focus on strategy and performance easily, with our powerful reports and dashboards that are built into Advanced Contract Management
The user-friendly interface provides a high-level dashboard, with the ability to drill down for more detailed information. In addition to this, contract insights can be configured so that individual users have access to the data most relevant to them.
Reporting & Dashboards
Quick and easy access to the information you need.
Gain insights into what is important to you and other team members
Get a quick and simple overview of your contracts, dates and reminders
Gain real time business insight
Insights to help you make decisions
Automatic alerts & reminders on purchases and buyer insights, reducing the need for manual input
Centralised reporting ensures insights are accurate and up to date
Gain valuable insights into both individual contract management and overall contract process performance
Increase business agility
More speed, less admin
Gain a complete view of contract performance across the business
Make decisions based on accurate data
Spend less time analysing and more time implementing improvements through valuable insights
Contracts & Visibility
Simplify your contract management process and allow your team to be more agile by setting customisable filters and tracking contract milestones and variations
Start gaining insights into the whole contract landscape the instant you start populating data. Our reports are tied to core contract administration functions, meaning they’re ready to roll as soon as you begin using Advanced Contract Management
All your contracts in one place
Reduce time spent hunting for documents and maintaining spreadsheets
Increase visibility across all contracts
Easily add contracts to the platform
Contract Classification & Tagging
Organise your contracts efficiently
Identify critical contracts and monitor them
Realise which contracts are contributing to your goals and objectives
Organise and group contracts by territory, business area or any other customisable filter you wish to add
Share certain contracts and documents with relevant departments, such as ICT, facilities and buyers
Contract Extension Management
Easily extend and modify contracts
Get reminders before contracts expire
Keep track of options, extensions, milestones and pricing reviews
Extend contracts using your own tailored parameters
Manage deeds of variation and update values in your finance system
Contract Variation Tracking
Track changes and variations
Keep your contracts up to date by tracking changes
Get one version of the truth with automatic updates when integrating with other solutions
Easily change contract details throughout the year as things change
Optional management of master agreements and frameworks
Record and track all types of framework and approved lists
Share guidance on the use of frameworks
Schedule custom reporting and alerts
Data & Insights
Realtime insights specifically tailored for your whole team
Having access to up to date contract information is critical to making informed contract decisions. Without this data, teams can struggle to act and react to changing market dynamics and business priorities.
Empower your teams with full contract visibility – ensuring agility and efficiency when making key business decisions
All contract data in a single destination
Safely store information
Easily organise, store and update contracts
Add functionality as your budget, scope and maturity increase
Record Level User Access Control
Define access and permission levels effortlessly
Create teams based on roles and/or departments
Decide which contracts are visible to certain teams or employees
Allow different teams to focus on the contracts that are relevant to them
Data quality – health checks
Keep track of the health level of your contract
Easily realise which contracts are incomplete or at risk
Assign standard parameters and checklists
Encourage collaboration with increased visibility on health status and recommended actions
Compliance & Information Management
Adapt to legislative changes and manage information efficiently with Advanced Contract Management
Reduce human error and manual input when dealing with important reports and contracts. Ensure the right people are involved and information is available for selected team members. Advanced Contract Management makes it easy for your organisation to maintain high compliance levels.
Insurances & Certifications
Align insurance obligations and dates to your contracts automatically
Manage risk and time by having full visibility of your contract relative insurances
Ensure both your contracts and insurance are valid and up to date
Easily generate custom reports and alerts
Alerts & Reminders
Reminders so you never miss a deadline or expiration date
Get alerts when your contracts are expiring
Create custom reminders
Mitigate the risk of contract expirations
Public Information Reporting
Custom reports to ensure maximum transparency
Select custom filters for a more detailed reporting
Adapt to any legislative changes regarding public reporting
Generate reports effortlessly for maximum transparency
Designate responsible persons to speed up processes
Choose who needs to be involved at certain contracts
Send notifications when contract changes
Speed up internal processes
We get a better understanding of you and your business to drive your onboarding experience towards success.
We build a plan of action for your journey to go-live with due dates and owners.
Working through the action plan, we execute the plan with you and get you ready to adopt Advanced Contract Management.
Congratulations you’re live! This is where our Customer Success program really kick in to provide you more value and make sure you are maximising your chances of reaching your goals.
Featured resources for you
Procurement Challenges 2023
Download our latest whitepaper as we identify the procurement challenges that UK businesses have recently been facing, and may continue to face for some time to come.
HOW CAN WE HELP?
Hi, we are Advanced. Talk to us.
Enable the strategic capability of your contract management teams.
Call us at0330 343 8000