Hi Vinny,
It would be really nice if you elaborate your question.
Contracts are one of the most important documents in an enterprise. Your company´s contracts are significant to daily operations, because they represent all business relationships throughout the enterprise. To ensure that your company gets most out of their contracts and limit risk exposure, it has to be ensured that the contract terms and conditions are met and that the contract is based on the approved legal language.
Many companies use clauses and legal contract templates as a starting point for legal contract authoring. The legal contract is the legally binding contract document which is signed by both parties and contains legal language and the terms and conditions.
The business scenario starts with the creation of clauses which are grouped into sections and sections are used to create templates. After you select an appropriate template, you can develop and finalize the legal contract using internal and external collaboration capabilities.
The finalized legal contract can be stored in a central repository which provides visibility to authorized users.
Under Contract Management :LEGAL CONTRACT REPOSITORY
The user can create a master agreement as a container for the meta data of contract document. The contract documents can be uploaded to the repositroy and associated to a master agreement. The master agreement can store multiple contract documents which can be created outside of the system, legacy and 3rd party contracts. Customers can gain visibility,gain control and generate automated alerts.
Processes
Create Master Agreement Template
Create Master Agreement
Upload Contract Document
Search Contract Repository
Thanks
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