With TeamLease RegTech's contract management, you can now streamline all aspects of the contract lifecycle and increase visibility with a central repository that is highly scalable, secure, searchable, and easily accessible.
Vendor
TeamLease Regtech
Streamline all aspects of contract lifecycle
Enterprises today manage thousands of contracts, and this can be a tedious task. TeamLease RegTech's contract management software is a robust module that helps you manage all types of contracts, including vendor contracts, supplier contracts, real estate agreements, insurance policies, employee contracts, service agreements, maintenance contracts and more. With TeamLease RegTech's contract management, you can now streamline all aspects of the contract lifecycle and increase visibility with a central repository that is highly scalable, secure, searchable, and easily accessible.
Features
Centralised repository
Store a contract forever with keyword tagging for easy search and retrieval with role-based access
Integrated workflow management
Role based task assignment for approvals, renewals, modifications and termination of new and existing contracts across your organization
Contract creation
Templates, section and clauses library with an export to MS word capability to create a new contract and reduce the approval iterations
Complete Audit trail
Version control and audit trails for contracts ensuring you always know answers to who, what and when
Scheduling, Alerts and reminders
Email notifications to assigned users regarding renewals, expiry, tasks and re-negotiation and termination date of contracts
Scalable solution
Store unlimited contracts, forever, reduce people dependency and increase efficiency. Our pricing is not storage dependent
Benefits
Traceability
Keep track of every action and change made within contracts, ensuring complete transparency and auditability throughout the contract lifecycle
Accountability
Assign specific roles and responsibilities to individuals, ensuring accountability for tasks, approvals, and compliance within the contract management process
Timeliness
Streamline workflows and automate reminders to ensure contracts are executed promptly, minimizing delays and maximizing efficiency in contract management
Risk Management
Ensuring risks associated with contracts get the desired attention is enabled by this platform as the alerts and reminders help drive this