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OneAdvanced Contract ManagementOneAdvanced

Spend Management Software. Never miss a contract renewal again. Get more from your vendor contracts, understand how much you're spending and who with. Powerful analytics help you mitigate risks and see greater total contract value.

Vendor

Vendor

OneAdvanced

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Product details

Key features

  • User-friendly interface
  • Quick-start contracts
  • Contract integrity controls
  • Checklists and activities
  • Variation register
  • Contract variation tracking
  • Automated tracking and reporting
  • Classifications

How Contract Management will benefit your business

Friction-free contracts Eliminate bottlenecks and ensure smooth contract processes for all stakeholders. Less admin Automate workflows and eliminate time-consuming manual input and documents. Enhanced efficiency Streamline the entire contract lifecycle and free up more time for your team. 

Features and benefits

Quick-start contracts

With Contract Management, fast adoption is guaranteed as contracts can be set up quickly on the system with a minimal amount of data to get up and running. Easily view, organise and manage all your contracts in one easy location. Set up your contracts with minimal fuss and update as the contract progresses and more information flows in.

Contract performance reviews and health checks

With Contract Management, get real, actionable insights on a range of factors, including contracts, spend, supplier performance, sentiment, timelines and contract history to enable you to assess and review performance. Gain visibility on individual contractor management and overall contract process performance. Easily share results and reports with your stakeholders.

Checklists and activities

Stay on top of your requirements and prioritise key tasks to ensure consistent and compliant contract management with our checklists. Each item on the contract checklist is designated based on the contract type selected during creation. The checklist is divided into 'Required Activities' that must be completed prior to contract execution for compliance, and 'Recommended Activities', which represent good practices, although they're not essential or applicable to every contract.

Contract variation tracking and variation register

Track, monitor, and document any changes to the contract over time. This includes capturing the date, author, type, value adjustments, and revised end dates, to ensure full visibility of contract amendments, both completed and in progress. To avoid any unexpected surprises, you will receive notifications whenever a change occurs.

Compliance checks and management

Minimise human error, reduce manual input and involve the right people to ensure essential information is readily available to selected team members. Elevate your organisation's compliance levels easily and streamline your contract management process for enhanced efficiency and peace of mind. Capture insurances and certifications against the contract, quickly demonstrating validity and overall contract health, and get alerts and reminders when these are expiring.

Classifications

Organise and classify your contracts into contract group types, and enable automation of manual processes. This includes the use of contract templates, master agreements, approval panels, and frameworks, and subsequently, the associated workflows. Classifications include spend threshold rebates, supplier indexation, and supplier performance/KPIs, as well as service credits.

Gather contracts from across your whole organisation with forms

Contract Management enables you to have far greater visibility across all of your vendor contracts and to keep your contracts in one location from all over your organisation. Support effective communication and collaboration between wider organisation and procurement and legal teams by using easy-to-use built-in guided forms allowing them to submit any contracts they have with suppliers without needing full system access.