Komtrakt is a contract management tool. It is designed with a simple user interface and is built with fully automated features, making contracts more simple and easy to use. We understand your pain points while doing contracts, we know how important contracts are, they are the lifeblood of every organization. That is why, you not only need to manage them, but have absolute control over them. With Komtrakt you can manage contracts online as well as offline. It is entirely structured and completely risk free.
komtrakt
What is Komtrakt ?
Pain Points of the User
Non-Structured Process of Contract Management Leading to Delay
Decentralized Storage of Contarcts Resulting in Mis-tracking & Retriving Issues
Non-adherence of Approval Mechanism Leading to Exposure
No Access Control and Security Over Confidential Documents
Missing timelines and Deadlines for Renewal of Contracts
Wastage of Time Closing Contracts Due to Non-standard Contract Management
Why our product is the right solution ?
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
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 all contracts – Contract List, Expiring Contracts, and Analysis Reports
Obligation Tracking
Tracking the obligations set by two parties. Once the obligations are agreed the tool keeps a track of all completed and incomplete obligations.
Work on contracts offline and online
You can work on contracts offline through your desktop version and save it in the local drive, once online you can save the file in you cloud storage.
Review System
Simultaneous reviews by multiple persons
Search Module
Search any text from contract documents