Centralized Agreements
Many businesses today store contracts and important documents in an ad hoc manner on separate disjointed computer systems, or in folders which can make it difficult to locate items when you need them. Even with a standardized process in place for documenting information about contracts, finding items kept in multiple locations can still be a tedious task.
UpsideLive / UpsideLive LITE’s central repository provides a safe place to store all your contracts and related documentation in one location. The benefits of a central repository include:
- Easy retrieval of documents by using the Search feature to look up contracts according to their contract type, supplier/vendor name, contract details, etc.
- 24-7 access to all contents within the online repository.
- Provides viewing, editing or processing privileges only to those who have been granted security access – this protects sensitive corporate information from leaking out.
- Improved organization of stored contracts according to specified contract criteria.
- Eliminate duplicate entries from staff in different departments (i.e. contract management staff and accounting staff).
- Avoids contract content errors through the use of standardized templates and automatic clause selection
(template functionality not available in UpsideLive LITE).
- Reduces administrative overhead by leveraging on UpsideLive’s easy contract creation wizard
(contract wizard functionality not available in UpsideLive
LITE).
- Abolish problems typically associated with paper contracts such as lost documentation, forgotten deadlines and unclear
financials, deliverables and performance.
back
|
