Professionally meet your obligations every time.
Legal agreements and commitments can be worth millions of dollars, with business success tied to the delivery of complex obligations. Confusion over commitments and responsibility can cause deadlines to be missed, and even trigger expensive legal actions.
Effective contract management helps eliminate these risks. It can also help businesses become more proactive and strategic in the agreements made.
Challenges can include:
the dispersal of contracts across different business units, making it hard to understand the types of contracts that exist and their importance
unclear roles and responsibilities around managing contracts and delivering on commitments
limited understanding of the relationships and dependencies between contracts
lack of preparedness for litigation, with information being difficult to find and consolidate
low engagement from team members who find contracts confusing or intimidating.
Our solution
Myriad Technologies can design and implement a cloud-based solution that manages contracts end-to-end, from creation and implementation through to termination.
Our approach goes beyond just document management. We also integrate obligations, contract risk and contract outcomes to create better business outcomes.
Contract management becomes easy, with the capabilities of Office 365 enabling:
a process to share information, work end effort, tasks and obligations
clear governance, identifying ownership and responsibility to fulfil commitments
quick information access to support decisions about resourcing, budgets and costs
at-a-glance views of compliance, financial obligations and risk
identification of contracts that are unsigned, incorrectly signed or due for renewal
automated contract generation and signing using document generation and electronic signature
identification of anomalies before signature
effective real-time collaboration using Microsoft Teams
delivery of aggregated views of information using modern SharePoint user interface
management of contract due dates, obligations and tasks using Planner and To-Do
visibility of business insights and dashboards using Power BI, artificial intelligence and machine learning.
Take your business further with information management designed for people
Find out how Myriad Technologies can help you improve customer service, reduce operating risks and become more profitable.