komtract

Komtrakt_contract management

What is Komtract ?

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Komtract is a contract management tool envisages to address customer pain points while doing contract management. Komtract provides an easy to use intuitive tool to customers to manage contracts online as well as offline. With Komtract, contract management now is entirely structured and risk free.

Pain Points of the User

Non-adherence with company policy due to non-standard process of contract management

No centralized storage process leading to difficulty in tracing and retrieving documents

Non-adherence of approval mechanism leading to exposure

No access control and security over confidential documents

Missing timelines for renewal

Wastage of time in closing contracts

Why our product is the right solution ?

Contract Repository

Online hierarchy-based contract repository or archive

Key Features

Contract Repository

Online hierarchy-based contract repository or archive

Contract Creation & Amendment

Different type of contract like Service, Procurement, Lease, NDAs

Version Control & Tracking

Allow to track key Vendor, Customer and Contract Information

Auto Archiving

Ability to set the period for retention of different types documents

Get Notifications

Advanced E-Mail Alerts, Calendar Alerts & Work-flow tasks

Reporting & Ease of Access

Track the status of a;ll contracts – Contract List, Expiring Contracts, and Analysis Reports

Obligation Tracking

Work on contracts offline and online

Review System

Simultaneous reviews by multiple persons

Search Module

Search any text from contract documents

Why do you need a Contract Management Tool

Centralized storage of contractual documents

Reduce the time spent during pre-execution stage

Easy track milestones, obligations & other commitments

Minimize risk through effective contract governance