Software for effective Contract Management
Contract management is still often a challenge. Deadlines are missed, appointments get out of sight and important documents are scattered across different folders and inboxes. With ISPnext's contract management software, you bring overview, structure and control back into the process.
You manage the entire process: from contract creation to signing and renewal. Everything is centrally, securely and completely digitally arranged. Less manual work and errors, more time for valuable supplier relationships.
The benefits of contract management software
Working faster with templates
With preset contract templates and required fields, you quickly set up correct contracts. Approvals are automatic via workflows.
Share and monitor contracts centrally
Our contract management solution gives you real-time visibility into contract agreements. See contract performance, deviations and risks at a glance.
Legal digital signing
With e-signing, you speed up the signing process, reduce costs and automatically meet compliance requirements. No more scans or emails.
How a contract management system works in 5 steps
With Contract Management, you digitise the entire contract process: from drafting to signing and monitoring. You prevent risks, increase compliance and collaborate more efficiently thanks to central storage and smart workflows.
1. Drafting contracts via templates
2. Approval via automated workflows.
3. Legal digital signature
4. Storage in central platform linked to ERP
5. Monitoring maturities, commitments and performance
More control with contract management software
Do you work with multiple departments, suppliers or legal risks? Then you know how important central contract management is. With ISPnext's contract management tool, you digitise and automate the entire process.
You prevent contract lapses, duplicate documents and incomplete approvals. And through integration with your ERP system, you always keep a grip on your obligations.
Who is contract management suitable for?
Our Contract Management solution is designed for:
CPO
Effective Contract Management gives the CPO full visibility into risk, compliance and strategic supplier relationships.
Procurement Manager
Contract Management helps the Procurement Manager centrally manage contracts, automate workflows and optimise costs.
Finance Manager
With integrated Contract Management, the Finance Manager maintains control over obligations, maturities and financial compliance.
Which organisations work with Contract Management?
More than 450 organisations rely on ISPnext. From healthcare facilities and logistics service providers to manufacturing companies, our customers choose grip, compliance and efficiency in contract management.
"This allowed us to gain insight into contract compliance for each company. This gave us a huge efficiency gain.''
Contract Management in 5 steps
Want to manage contracts effectively and minimise risk? With this whitepaper, you'll discover how to create a clear and efficient contract process in five easy steps. Centralise contracts, automate workflows and improve collaboration with suppliers. Download now!
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Our Source-to-Pay solutions
Whether choosing the right supplier, managing contracts or processing invoices, with ISPnext you manage the entire process efficiently and compliantly.
Source-to-Contract
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Sourcing
Source-to-Contract
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Vendor Management
Source-to-Contract
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Contract Management
Purchase-to-Pay
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Procurement
Purchase-to-Pay
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AP Automation
Insights
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Spend Analytics
Sourcing
Optimise sourcing processes with supplier selection and market analysis.
Key benefits:
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Accelerate and simplify RFx processes.
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Negotiate the best terms and prices.
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Shorten lead times and reduce process costs.
Vendor Management
Manage supplier relationships effectively with automated evaluations and performance monitoring.
Key benefits:
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Reduce risk through visibility into creditworthiness.
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Centralise supplier and policy information.
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Build strong, trusted relationships with suppliers.
Contract Management
Streamline contract management from creation to renewal with workflows and compliance monitoring.
Key benefits:
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Centrally manage contracts and easily share with stakeholders.
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Improve compliance with standardised templates.
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Get real-time visibility into obligations and performance.
Procurement
Automate procurement processes with ordering systems and approval workflows.
Key benefits:
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Order at negotiated prices and terms.
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Reduce fraud and errors through authorisations.
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Bring all spend together for optimal control.
AP Automation
Accelerate invoice processing with AI and automated approval paths.
Key benefits:
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Automate repetitive and time-consuming tasks.
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Prevent erroneous or duplicate payments.
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Pay on time and improve financial efficiency.
Spend Analytics
Get deep insights into your spending patterns with comprehensive analytics and reports.
Key Benefits:
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Get real-time insight into spend and savings potential.
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Optimise decision making and procurement strategy.
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Increase transparency and reliability of data.
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nextAI
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DORA
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E-invoicing
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Procurement Team Management
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Supplier360
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Dynamic Discounting
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Rebate Management
nextAI
Make Business Spend Management processes faster, smarter and easier.
Key benefits:
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Speed up the processing of invoices, contracts and purchase orders.
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Minimise errors and exceptions.
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Save time and money.
DORA
Integrate DORA compliance into your processes and generate one-click reports.
Key benefits:
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Automate DORA reporting.
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Gain insight into operational and digital risks.
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Implement an efficient and scalable approach.
E-invoicing
Process invoices digitally, securely and with regulatory compliance.
Key benefits:
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Comply with national and European standards.
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Automate validation and processing.
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Strengthen financial overview with integrated control.
Procurement Team Management
Make the financial value of the procurement department visible.
Key benefits:
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Gain full visibility into ongoing and future savings.
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Increase collaboration and transparency among team members.
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Centralise reporting for consistent decision-making.
Supplier360
Get a full 360° view of your suppliers in one central platform.
Key benefits:
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Centralise supplier data for maximum reliability.
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Identify risks in a timely manner through continuous monitoring.
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Encourage collaboration and long-term relationships.
Dynamic Discounting
Pay faster, save more and strengthen your cash flow.
Key benefits:
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Increase financial efficiency and cost savings.
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Realise speed and agility in payment arrangements.
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Improve collaboration with suppliers through flexible terms.
Rebate Management
Utilise every bonus appointment, automatically and accurately.
Key benefits:
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Centralise and automate all rebate agreements.
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Ensure accuracy and compliance.
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Maximise financial impact.