Streamline the contract lifecycle, from managing clauses and templates and enabling seamless integration with other systems. Minimize risks of business losses and penalties by deftly and flexibly managing contracts and clause updates. Furthermore, facilitate contract archival, based on the renewal lead-time, and easy retrieval.

Features of Newgen Contract Management Software

End-to-end Contract Management

End-to-end management, including contract authoring, review, registration, renewal, termination, and request for an addendum to the contract

Managing different contract types

Clause Management

Auto-fetching of latest clauses based on the contract type and generation of a contract draft

Routing the edited clauses to the owners for review

Template Management

Generation of templates for recurring contracts

Management of third-party templates as supporting documents

Central Repository for Secure Contract Archival

Rights-based access to the repository for information security

Alerts and notifications for renewals

Performance Monitoring

Identification of any major gaps, key contracts that may have expired, and other risks

Compliance with contractual obligations by tracking performance and payment obligations

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