Implement Contract Management with your own Team!
Implementing Mochadocs is a simple task, but it can also be time-consuming. This guide gives a clear picture of what is required in implementing Contract Management. Here are the Seven Steps:
- Build A Team
- Take Inventory of Contracts (and Addenda)
- Scan Contracts
- Discover Mochadocs
- Contract Review and Audit
- Research Contract Key Elements
- Train the Team on Data Entry
- Contract Key Element Data Entry
- Assign Contract Process Owners
An estimated process time to enter key data from 2 or 5 contracts was calculated to take about 12 to 20 minutes per contract. This depended on the contract type, the template contract type set-up, and the steps that were already taken. Collecting data, alone, could already take a significant amount of time.
In addition to this, self-implementation has other pros and cons. Aside from some drawbacks, self-integrating all contracts can have a number of important advantages. Benefits you wouldn’t get if the Mochadocs Virtual Team handled the implementation, or if you only started managing future contracts using Mochadocs.
Step by Step
Seven Steps for Implementing all Contracts
Huib van der Struik
"Managing a team that implements contracts requires a clear view on the ultimate goal: What should be managed by what type of contract, which would force the user to be proactive."
With additional feedback, we support the steps in self-implementing contract management successfully. We gathered our experiences in partnering with Rabo Real Estate, TKF, OSG Erasmus and other clients here.
Valuable Benefits of Do-It-Yourself Mochadocs Implementation
Two Valuable Benefits
By reviewing all contract data, the contents are completely analyzed by the Team.
- Implementation can commence immediately once sufficient resources are available.