Solutions

Contract Manager

Revitas™ Contract Manager

Revitas™ Contract Manager is a comprehensive contract management software solution for the authoring, management, and storage of contracts. Automating contract creation, review, and renewal processes, Revitas Contract Manager delivers support for authoring, approvals, and amendments, speeding time to market, establishing operational efficiencies, and improving visibility across the contract lifecycle.

Most companies rely on rudimentary processes and homegrown systems to manage contracts. In today’s volatile business environment, this is dangerous. Companies may be leaving millions of dollars on the table, wasting valuable resources, and exposing the business to risk of non-compliance. Organizations of any size and scale can realize positive impacts in all areas of business by implementing a comprehensive contract management software system.

These benefits increase exponentially when Revitas™ Contract Manager is integrated with Revitas’s revenue management solutions as part of an overall Enterprise Revenue Dynamics strategy. When contract meta-data – such as pricing terms and quantities – feed directly into Revitas™ Pricing Dynamics or Revitas™ CARS applications, businesses can be assured that contract terms are being executed properly, avoiding errors and oversights that lead to profit margin erosion or missed revenue opportunities.

Revitas Contract Manager delivers impactful results.

The Results
Stronger Financial Performance	Maximizes revenue by shortening contracting time and minimizing payment penalties Prevents revenue lost to unintended approval of unfavorable contract terms
Decreased Operating Costs	Reduces unnecessary costs with automated approvals – eliminating redundant, inefficient, and error-prone processes and reducing overall contract creation times
Increased Visibility	Ensures the right level of oversight at each step in the contract process via integrated workflows and approval routing Prevents deals lost to slow or road-blocked approval processes
Reduced Compliance Risk	Maintains transparency with complete audit trail for legal inquiries Establishes standardization in legal language, ensuring consistency and re-use Enables robust and efficient reporting and analytics capabilities on past performance and future impacts

Key Features
Single centralized contract repository	Parsing RFP requirements for government and commercial contract opportunities
Automated rule-based workflows and alerts	Value-added integration with Microsoft Word
Contract redlining and version control	Enterprise-class scalability and performance
Support for diverse amendment strategies	Contract analytics
Contract milestone management	Integration with Revitas™ Pricing Dynamics and Revitas™ CARS
Mobile support & e-signature fulfillment	CRM integration