Compliance

Compliance

Key Date Manager
Contraxx provides an unparalleled level of functionality to manage the key dates associated with a contract. Any number of dates can be modeled for a particular contract type (for example, effective dates, service dates, delivery dates, etc.) In addition to passively managing key dates in the form of “tickler” reports, any contract date can be linked to a notification email and/or can be placed on a user’s dashboard.

Expiration or Renewal
Each renewal requirement is identified in advance, making it easy to decide whether a contract can/should be renewed. This will apply to the main contract itself and to any supporting documents such as an insurance certificate that must be renewed annually.

Workflow Processes
By establishing rules for workflow processes, your enterprise is assured that the proper approvals, notifications and alerts go into effect for every contract at precisely the right time and involve precisely the right people.  The Contraxx suite is designed to capture the unique structure and data requirements for each of your organization’s contract types, while maintaining a standard method of entering, analyzing and reporting on that data.