Contract Management
A contract is more than a piece of paper with signatures; it is the basic document that defines the business relationship and terms of cooperation. From the moment the negotiations begin until the final signing, it is important to monitor every detail and ensure that everything is in accordance with the agreed standards. It's up to you to manage the contract processing process that involves multiple teams, legal requirements, reviews and approvals. This can be a time-consuming and complex process that requires precision and efficiency.
OWIS is your reliable partner in managing contract processing, giving you full control over every step of the process, from preparation and negotiation to final filing. Regardless of whether you work with in-house legal teams or external partners, OWIS ensures transparency and efficiency at every stage.
The top three benefits of using an OWIS contract management system
Control
OWIS allows you to centrally store all information and documents related to contracts in one place. All reviews, changes and approvals can be easily tracked, ensuring no versions or documents are lost.
Safety
Contract processing often involves confidential data. OWIS offers advanced security access and encryption options to ensure that only authorized users can access sensitive information.
Automation
The contract processing process can be time-consuming, especially when multiple reviews and approvals are involved. OWIS automates processes from sending documents for review, tracking the status of revisions to final filing, allowing you to save time and reduce errors.
Imagine a scenario where a company, much like many others, confronted the intricate challenge of creating diverse contracts, each requiring unique identification numbers and specific templates. Navigating this complexity and maintaining a structured approach proved daunting...