Contract Management Overview
Each vendor contract is stored within the system to monitor rates, start and expiration dates, tariffs, contract notes, .pdf contract attachment images, volume discounts and other applicable contract data.
Automated Bill Auditing
Management by exception tracks all product inventory down to the USOC level with a central inventory database that matches products billed to actual inventory, avoiding overpayment and a full view into vendor products at each location. Audits invoices for compliance against contract rates, commitment levels and SLAs.
Centralized Contract Management
Provides a single source central database to compare all expenses by products, vendor, circuit number, date ranges and expiration in detail down to the USOC level or you can summarize level format across the entire Enterprise. This results in dollars saved from the ability to view and compare all products across the Enterprise.
Vendor Contract Expiration Notification
Advance expiration alerts notify you about upcoming vendor contract expirations, including hosting contracts and lease expirations giving you the time to compare and shop similar services without being placed in a last minute vendor contract negotiation.
Receive Contract Discounts
Whether it's getting the 11th month free or hitting a volume discount, your vendor contract discounts are tracked and managed through the system to ensure you receive the rate and credits your contract entitles you to.
View Contracts Online
Scan contracts, vendor agreements and other account documents making them available to review instantly. Match contract rates without pulling a hardcopy from the filing cabinet. Any PDF document can be associated with a contract and made available for online viewing.
Prevent Early Termination Fees
Avoid penalties and termination fees for early termination of contracts. Store critical dates about each contract to prevent termination fees when terminating contracts.