Overview
Prodagio Contract is contract management software that gives you the control to streamline and automate contract creation and the visibility to manage the revenue attached to that contract throughout its life-cycle, ensuring you get the most out of your Sell-side contracts.
What is unique about Prodagio Contract is not only does it provide a leading contract life-cycle management solution with central storage, version controls, and powerful search for medium and large-sized companies, it also provides:
- Visibility by capturing all contracts terms and financial obligations, supplying you with the information you need so you can begin to forecast and proactively manage your revenue
- Control and Standardization of the contract creation, negotiation and approval process
- Term Management tools that efficiently help you to take action that will have an impact on your revenue stream, such as:
- Renegotiate at expiration
- Standardize disparate terms within vendor contracts and adopt the most favorable ones
- Be notified of upcoming renewals
- Monitor existing and upcoming obligations in one consolidated view
- Performance measurement of your contracts in a single and aggregate view
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Benefits
Prodagio Contract management is a solution that will quickly pay for itself, and since Prodagio Contract can be deployed in as little as 6 weeks – even with your custom workflows, templates and processes – you could have a solution to your complex contracts problems in about a month and a half.
In their last Contract Management Marketscope, Gartner recognized as a leading contracts management solution. Prodagio works to bring additional value to your business processes by delivering the following benefits:
Faster Time to Revenue
Leveraging standard template, clause library and authoring wizard, Prodagio Contract enables you to quickly create contracts with the right data, and the right contract type. Escalation is done electronically through approved workflows, insuring you get the necessary approvals and sign-offs - dramatically cutting the contract cycle.
Stop Revenue Leakage and Maximize Revenue
Obligation and task notifications give you the awareness you need to stay in control of the multiple contracts your group manages, and enable you to take actions that can positively impact your revenue stream.
Decreased Operating Costs
Manual contract processes are slow and prone to errors, both of which cost companies money. Prodagio Contract management streamlines and standardizes contract creation, negotiation, and approval processes allowing you to execute contracts faster and more accurately.
Lower Risks by Gaining Visibility
Prodagio’s Sell Side solution manages risk by gathering all the contracts that are scattered across multiple business units or hidden within individual’s hard drives, and storms them in a secured central repository where you can search and report on contract content and contract terms. This comprehensive view allows you to proactively take necessary action as it relates to the contract.
Maintain Control, Compliance, and Continuity
Permission and security grant users access only to objects/data they have the rights to view and an audit trail provides complete tracking of any and all actions taken against a contract, ensuring users are following necessary and ethical processes. You will always have a record of what actions have been completed on a contract and what milestones are set in the future, upholding contract continuity.
Integrate Seamlessly
Prodagio can easily capture all terms from quotation and other CRM system to simplify and minimize manual indexing, storing the data in the central repository. Once you have captured all contract data and terms you can report on it, push it to your financial ERP systems and use the data to better manage your revenue.
Prodagio as a Consulting Partner
We provide not just a great technology but also sound advice in configuration, implementation and integration. We take the time to understand your unique processes and advise on how you can receive the most value from a contract management solution. Prodagio has customers throughout the Globe utilizing our technology, and we maintain resources throughout the world to ensure continuity of service and deployment.
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