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Effective contract management has emerged as a crucial function to improve profitability, support compliance and manage risk.
Procuri’s contract management solution is designed to streamline the entire contract management lifecycle, offering a flexible, secure environment for contract creation, visibility, and control. With support for all agreement types, online authoring and negotiation features, and automated performance tracking, alerts, and reporting capabilities, Procuri TotalContracts helps maximize the value of contractual agreements and improve compliance.
Procuri's contract management solution incorporates a highly intuitive user interface with robust functionality including:
Contract Management
- Compliance monitoring & management
- Pre-defined, ad hoc, and advanced reporting
- Contract risk & performance management
- Pre-defined integration to all major ERP and back-end systems (via TotalIntegration™)
Contract & Search Repository
- Advanced search and query capabilities
- Multi-tier contract hierachies
- Support for all contract types (e.g., procurement, sales, IP, employee, etc.)
- Document tracking and linking
Contract Creation
- Authoring, redlining, & collaboration with audit trail
- Advanced workflows, permissions, and approvals
- Pre-approved language libraries & contract templates
- Word integration & 3rd-party paper management
- Support for multiple & complex contract types
Procuri's contract management solution offers the following capabilities to supply management organizations of all sizes:
- Enhanced visibility and control of all enterprise contracts and amendments
- Improved supplier, operational, and regulatory compliance (e.g., Sarbanes-Oxley, HIPAA, Basel II, etc.)
- Streamlined contract creation, negotiation, approval, and renewal processes
- Mitigated financial and business risk
- Reduced costs and penalties
- Increased rebate, discount, and revenue capture
- Optimized contract usage and performance
Procuri's contract management solution combines an intuitive user interface with best of breed contract creation, negotiation, reporting and compliance features. Click the numbers below to view select TotalContracts features and descriptions.
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| “With Procuri TotalContracts, Toyota Motor Sales saved an estimated $14 million over five years through enhanced visibility into contracts and compliance, resulting in 571% ROI” |
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| -- AberdeenGroup |
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