How many off-the-shelf solutions do you currently have? If the statistics are accurate, it's likely more than a couple. If one of those is for Contract Management or you're considering a new solution for your contract needs, we've got great news. If you already subscribe to Microsoft's M365 for the myriad ways it can improve efficiencies, boost collaboration, streamline processes, and automate workflows, now you can add Contract Management to that list - and TEAM IM can make it happen.
Whether its cutting out the cost of a COTS solution or evolving a legacy manual operation, Contract Management can be automated and streamlined using M365 functionality you're already paying for. TEAM has developed design patterns for use in SharePoint, PowerAutomate, and PowerBI which will enable a solution that works the way your organization needs it to work, while operating in an environment that users will find familiar.
Not only is the cost of this solution often quite similar to the configuration costs you would experience with off-the-shelf software, but it would also be tuned for your own processes and wouldn't be saddled with the additional, ongoing software subscription fees and expenses. TEAM also offers a wide range of Support Services – from low-touch occasional help to bundled services offers to help get your entire M365 environment into shape and to solve the common, but all too frequent, challenges customers experience with vanilla SharePoint and Teams configurations.
Best of all, because the solution uses out-of-the-box M365 functionality, it will fully leverage future capabilities introduced by Microsoft, such as enhancements to external integrations, workflow automations, and evolutions in Copilot and generative AI.
Check out the Features of our M365 Contract Management solution below, then fill out the form to be contacted for a short demonstration!
A master register of contracts that captures key information for each contract.
Automatic contract number assignment and generation of contract documents from contract templates.
Template management and version control.
Each contract type can have its own metadata assigned relevant to the contract, which is used to generate the contract document.
Background automation processes to automatically create folders, assign permissions and link the contract (including supporting documentation and attachments) to the contract register.
Contract documents are saved in SharePoint and M365 capabilities like redline, document compare, PDF generation, co-authoring, link sharing, MS Teams and SharePoint based sharing, collaboration and access controls are all available.
Tailorable internal review and approval workflows and notifications.
Integrated eSignature for contract execution, for fast turnaround and no-fuss client experience.
A dashboard showing the status of contract approvals, renewals and breakdowns by metrics that matter most to your organisation, such as contract value, contract terms, associated business units or locations.
Quick links to contract management related policy information, user support, guidance, examples and advice.
Contract Life Cycle management, alerting users of pending renewals and ultimately long-term retention management or expired contracts.
Advanced document generation capability can be added.
Native M365 integration with Microsoft Co-Pilot for Generative AI based wording generation, summarization and more is also available.
The Contracts Register is your hub for Contract information. Sort, filter, and click into Contracts from one place.
Develop and publish as many Contract Templates as you need to streamline the completion process.
