Contract Management

Reduce your Risk

Contract Management is easy-to-use, Cloud-based contract management software that provides a central repository of procurement contracts across your organisation. It eliminates the inefficiencies associated with maintaining distributed contracts and improves procedural compliance.

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How can it help you?

Contract Management will save you and your team time by automating routine tasks such as distributing management reports or starting contract renewals on time. Our solution provides the perfect platform, when you are ready, to introduce performance and risk management, and tools to track savings, benefits and procedural compliance.

Contract Management is part of a wider suite of modules supporting the whole contract lifecycle.

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Benefits

Avoid missing deadlines for reviews and renewals

Avoid missing deadlines for reviews and renewals

Contract Management automatically generates alerts for common tasks such as reviewing or renewing a contract, along with the ability for user to add their own tasks with email and pop-up reminders, meaning that you don’t need to set multiple alerts across multiple systems.

Improve visibility of contractor performance

Improve visibility of contractor performance

KPI scorecards can be set up to record periodic service levels for suppliers on key contracts, with the option of internal staff or suppliers completing these, which can then be made visible to everyone in your team.

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Identify and reduce supply-side risk

Each contract in Contract Management has a Risk Register and Issue Log allowing you to record every current or potential problem or complaint, which is them summarised on a corporate risk register so you can continually keep track.

Key features

  • Centralised contract register
  • Activity management and Approval workflow - workflow scheduling for routine procedures and MS Outlook integration
  • Contract types - MSAs, variations, work orders, f/w, etc. with separate page layouts
  • Record/monitor Savings and CSR/Social Value Benefits
  • Document management - user access and document version control
  • Contract Risk Profiling and Risk Register
  • Performance Management - Contract KPI Scorecards
  • Dashboards - Renewals, Savings, Overdue tasks, KPI exceptions, Compliance

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"Advanced has an excellent reputation across the sector and having multiple products from the same supplier means that our IT systems are more integrated, which saves us considerable amounts of time and therefore money."
Marc Jordan, Assistant Principal, College of North West London

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