top of page

Contract Life Cycle Management Solution Power By Microsoft Platform

Transform Your Relationship with Strategic Suppliers

Capturing Vendors Partnership

WEBSITE IMAGE.png

BUY-SIDE CONTRACTS

  • Buy-side contracts add more detail to the vendor-buyer relationship beyond what was agreed to in the quote, defining critical elements such as delivery terms, publicity rights, procedures for settling disputes, and much more.

 

  • The clauses and obligations within contracts are inundated with business-critical legal terms. Start and end dates, payment terms, service levels, customer support levels, warranty periods, and agreement values are all conveyed in your contracts.

  • With strong obligation management tied into ERP, you will not miss a deadline or lose track of a payment. Using built-in workflow and BOT automation from i3 CLM, a company can automate and streamline the process.

Unlock The Full Value In Your Sell-Side Contracts

Capturing Customers Compliance & Risk Management.

website image2.png

SELL-SIDE CONTRACTS

  • To process renewals, sales reps and other involved parties need information quickly and accurately around the existing agreement, previous purchases, delivery performance to date (i.e., scorecard), payment performance, earn-out of incentives, and rebates.

     

  • In fact, sometimes businesses need to incorporate terms and conditions from existing agreements into a new agreement.

     

  • Put simply, the CPQ process feeds the CLM process, which in turn feeds the CPQ process.

     

  • Having CLM system integrated with CRM & CPQ, the account executives can get this information on their fingertips within CRM (Sales Force) system or in i3 CLM.

Process Of Making The Future

i3 Teck Customized Management Solution 

15883 [Converted].png
  • Significant amount of time spend to get contract approve and signed by organization. However real value from contract can be only realized by managing obligations define in the contract.

 

  • If obligations aren’t managed, they can result in a significant loss of revenue, increase cost & create high risk: through automatic renewals, missed savings deadlines, inaccurate pricing & terms, and regulatory compliance penalties.

 

  • Establishing control over the contracting process from tracking, tracing, triggering and reporting on obligations is the key to maximizing contract value

We Integrate With Your Ecosystem

CPQ_ERP.jpg

i3 CLM tool powered by MS Flows and Power Automation systematically monitors buy or sell side contract terms and conditions allows operators to recover 10-12% of a contract’s value in leakage: costs associated with missed deadlines, regulatory penalties, missed SLAs and other failures of oversight.

bottom of page