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Implementation of contract management system gives an opportunity to sequence the work with contract documentation and increase the responsibility of related lower level managers for quality of decision-making.

Implementation of contract management system at the enterprise may entail the optimization of organization structure related to business processes of contract management department, including determination of staff functions, duties and regulations. 

Prior objectives undertaken by Contract Management System:

  • Drawing up and running the contract index card within the life cycle of the document, from the day of conclusion until termination;
  • Drawing up and running registering system of all contracts at the enterprise;
  • Automation of the data access process on contract performance;
  • Automation of contract agreement process with financial budgets;
  • Drawing up the schedule of supplies and payments for each contract;
  • Drawing up statements for different analytical reviews.