Contract Collaboration Management
GlobalSearch® Accelerates Contract Cycle Times and Increases ProfitsGlobalSearch contract collaboration allows users to efficiently negotiate, manage and collaborate on contracts to ensure compliance with written terms and conditions.
Contract Challenges
- Tracking changes and multiple contract revisions
- Ensuring legal compliance
- Getting contracts signed quickly and efficiently
- Losing sight of contracts in queue
GlobalSearch Solutions
- Integrate with DocuSign for remote signatures
- Easily track global contracts with multiple parties
- Measure contract performance with full audit trail
- Receive automated notification for signing
Contract Collaboration Automation Provides the Ability To:
Meet contractual requirements and obligations
Assign policies for contract lifecycle management
Avoid the risk and penalties from broken or incomplete contracts
Create company specific contract regulations
Automate contract approval processes
Log all contract modifications and approvals
Case Study
Aerospace Company Takes Flight with GlobalSearch
HARCO Laboratories saves over $28,000 annually as GlobalSearch improves contract management processes.
“We strategically implemented GlobalSearch’s time-saving workflow capabilities to streamline our complex, 17-step contract review procedures which has revolutionized the way we manage documents.”
How GlobalSearch Contract Collaboration Works
1. Audit Trail
GlobalSearch automatically retains all document history, including versioning and editing, so that administration can easily track all contract activities.
2. Workflow
With GlobalSearch, users can streamline the negotiation, review and approval of contracts through automated document workflows.
3. Storage
Within GlobalSearch, contracts can be sorted by the date they were created, modified or completed, or by customer name, customer number, etc.
4. Retrieval
With the proper permissions, an employee can easily retrieve a contract from the document database, ensuring that obligations are met on both sides to determine that the scope of work is fully met.
