UpsideContract is a web-based e-contracting system (CLM - Contract Lifecycle Management solution) that can be fully implemented (including integration with most systems) within 40 days and can deliver a full ROI in less than one year. This is a compelling reason for organizations to look at contract software for ways to reduce paper and streamline their commercial and government contracting processes.
UpsideContract is a web-based e-contracting system that can be fully implemented (including integration with most systems) within 40 days and can deliver a full ROI in less than one year. This is a compelling reason for organizations to look at contract software for ways to reduce paper and streamline their commercial and government contracting processes.
Rapid deployment is possible because of UpsideContract's fully web-based architecture, and ROI can be quickly realized through reduced manual processes and improved quality of the contract-related information captured, coupled with the automated monitoring and management of performance, compliance and risk.
UpsideContract ensures the critical success factors of any contract management system are easily managed. Ease of use, web-based, integration with other systems, quick implementation, fast ROI, high user adoption and satisfaction, and improved management reporting are critical factors that will drive the success of the solution. UpsideContract maximizes the benefits in these areas while providing the platform to establish industry-leading best practices in the contracting process.
In general, the benefits of implementing UpsideContract are seen
in the reduction in time and effort and improvements in the
contracting process. Specific areas that see improvement are:
Improved information related to contracts and the
activities governed by those contracts - better
information and more of it.
Streamlined processes that result in reduced operating
expenses.
Maximum realization of revenue and/or cost savings
potential by maximizing the benefits of each contract
through event management and performance and compliance
monitoring.
Maximum involvement of stakeholders through an online,
paperless contracting process.
Improved relationships with all stakeholders including
staff, customers and suppliers.
Strategic sourcing benefits - maximize buying power
through better managed contracts.
Business Intelligence through proper analysis of
information about contracts and contracted activities.
UpsideContract delivers extensive benefit in
each of these areas out of the box, but when coupled with
business process improvement that is aimed at maximizing the
functionality of the contract management process, organizations
further improve their strategic benefits significantly.
