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 Mochadocs Explainer

Contract Lifecycle Management

 

 

The contract lifecycle management process is the management of all stages of a contract, from initiation and negotiation to execution, monitoring, renewal, and termination.

 

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Contract Lifecycle Management

Workflows

Evaluate risks and value while creating, signing and executing  the contract

Templates

Playbooks to improve consistency and increase efficiency

Dashboards

Analyze any status, any stage at any time

Colaboration

Identify all stakeholders in your creation, signing and managing process.

Notifications

Milestone Management. Milestones are tools used in contract lifecycle management to mark specific points along a contract lifecycle timeline. These points may signal anchors such as a notification date, start date, sign date, authorisation date or a need for external review or input and checks. Some contracts for products include a "milestone fee" that may be paid out when certain points are achieved.

Reporting

Improve process and value with smart and successful reporting.

 

 

Contract Creation

 

 

The contract creation process involves establishing mutually agreed upon terms and conditions between two or more parties and formalizing them in a legally binding document

 

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Contract Creation

Speed

Speed up the contracting processes, especially for high-volume, low-risk contracts.

Empowerment

Empower teams across the business to kick off the contracting process on their own.

Visibility

Provide business counterparts and executive leadership with visibility into contract metrics.

 

 

Contract Signing

 

 

The contract signing process involves all parties involved in the contract authorizing and signing the document to signify their acceptance and commitment to the agreed upon terms and conditions.

 

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Contract Signing

Speed

Speed up the authorization processes via all stakeholders for all contracts.

Empowerment

Empower teams across the business to agree the content of a contract.

Compliancy

Provide business counterparts and executive leadership with visibility into contract metrics.

 

 

Contract Management

 

 

The contract management process is a comprehensive approach to ensure that contractual obligations are met, risks are mitigated, and opportunities are identified to optimize revenue and reduce costs.

 

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Contract Management

Visibility

Provide all stakeholders with authorized visibility into contractual information and files.

Empowerment

Empower teams across the business manage the content of a contract on their own.

Compliancy

Provide stakeholders with tools to comply with the agreed terms.