Contract Management

The Assets Maestro Contract module is an intelligent agreement management that helps you efficiently manage the contractual agreements related to an organization’s assets.

OVERVIEW

The contract management module provides a strategic approach to managing contractual agreements related to an organization’s assets, including warranties, insurance policies, lease agreements, and maintenance contracts. This helps organizations ensure compliance with contract terms, optimize vendor relationships, and streamline operations.

Contract Management

How can you use it?

Digitization

Digitize your old hardcopy contracts.

Auto-Generated Contract Template

The organization can use industry-standard contract templates created with AI or sourced from the library for quicker execution.

Life Cycle Management

You can oversee the contract workflow from creation through review to execution. It incorporates workflow and e-signature features while tracking changes and comments.

Develop various types of Contracts

It facilitates creating and managing revisions, addenda, and amendments to existing contracts.

Supports multi-action on an existing contract

It allows for various actions, including terminating or suspending a contract.

Supports Multiple Channels

Expedite the process by delivering agreements through various methods, including mobile apps, WhatsApp, email, SMS, and the web.

Library management

The clauses and contract templates can be reused through a bidirectional conversion between the template and the contract, saving time and reducing costs.

Advanced Workflow

Add more controls or flexibility to approval and signature workflow with routing based on the conditions.

E-Signature

Faster and efficient with e-signature.

Pricing and Costing

Utilize an integrated costing model for complex service pricing.

Customized Notification

Set up the customized notification through multiple channels.

Supports multiple-party contracts

Supports multiple parties (Two or more parties) agreements.

Key Benefits of Contract Management

01
Enhance Compliance: Ensures adherence to contractual obligations and regulatory requirements.
02
Risk management: Managing the risks linked to asset and contract performance is essential.
03
Performance Overview: Provides real-time insights into the contract's performance.
04
Advance Notification: Facilitate advance notifications and alerts via multiple channels.
05
Supports multiple costing models: Creating and managing various costing models within a contract.
06
Digitizing old contracts: Digitize and reuse the old hardcopy contract.
07
Reduce costs and time: Cut expenses by minimizing the time from contract inception to execution.