Managing contracts online in SharePoint - DOCM the solution

Contract management means more than just managing contract documents. Contract management refers to all activities that deal with the development / design, administration, adaptation, processing and updating of all contracts of a company.

Contract management thus includes the support of contractual negotiations between client and contractor, the implementation of contracts and the execution of contract changes for technical, scheduling, personnel or financial reasons. ( Wikipedia )

The claim of the DOCM SharePoint solution is to support the user in the respective defined contract management process, a smooth online collaboration and to ensure a targeted flow of information in the company.

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Which companies / organisations are involved in your company?

With a DOCM organization overview, you can easily get a quick overview. You can also create a company overview according to other criteria such as country locations, etc.

Do you have an overview of the revenue with your suppliers?

Contract Value Evaluation Customers Suppliers

Do you need a quick overview of the current turnover with your suppliers? On the basis of a contract value evaluation / analysis over the specified contract period of the recorded individual contracts, the SharePoint solution DOCM allows you to provide this information at any time without large evaluations with a mouse click.

Why invest money in a contract management system?

According to the Gartner Group, 60% of all supplier contracts automatically renew without the buyer's knowledge, mainly because the buyer fails to terminate the contract.

What is your benefit when using DOCM?

A centralization of the object and contract management with the archiving of all contract information in a relational database is crucial for the compliance with legal obligations, both for you and for other parties and thus represents the database / basis for your compliance process.

What business risks arise in the absence of a contract management system?

Contract risks are only risks if they have not been evaluated and made manageable by an action plan to be taken. However, if this risk assessment is only a one-off process, i.e. these risks do not remain in focus through regular audits, then you cannot benefit from your previous assessment.

What are the requirements for a modern contract management system?

Anforderungen an Vertragsmanagementsystem

A modern contract management should guarantee a centralization of all company contracts for all relevant groups with regard to the completeness of the information and its evaluation. It should guarantee the confidentiality of the information related to the company parts / departments.

What are the benefits of using an enterprise-wide digital contract management solution for each user group?

Every company department (purchasing, controlling and legal department, etc.) needs a different view of the data of a contract and its evaluation.

DOCM Contract Structuring

The contractual framework is structured in individual, framework and consortium or project contracts. Individual contracts are concluded for a specific contract object; they can be concluded for a limited or unlimited period. An outline agreement is a scheduling agreement that defines the terms of delivery between the supplier and the customer. Consortium or project contracts are concluded for the realization of larger projects, usually construction or infrastructure measures.