Contract management is the process of managing contract creation, execution and analysis to maximize operational and financial performance at an organization, all while reducing financial risk.
Organizations encounter an ever-increasing amount of pressure to reduce costs and improve company performance. Contract management proves to be a very time-consuming element of business, which facilitates the need for an effective and automated contract management system.
While the tradition is normally to manage contracts manually through folder and file cabinet storage, the practice is riddled with inefficiencies that can only detract from an organization’s overall efficiency. Integrating with an automated contract management service will help free up countless man hours and automate countless processes associated with managing a contract, thus creating more value for a company.
Oryx Technologies recognizes your need for a contract management system to handle the full contract lifecycle, from contract requests and approvals through obligation management and renewals. We automate the contract process, ensuring you never again must worry about uneconomical contracts auto-renewing, missed opportunities and wasting time searching for and compiling contract information.
Our contract management solution turns even the most complex contract management challenges into an efficient, structured process. Reduce costs and achieve compliance in all your contract-related activities with help from this secure Microsoft SharePoint centric solution.