Contract Lifecycle Management Software For Procurement Teams

 

Maintain close control over myriad buy-side contracts

Exercise better control over your contracts with AI-powered iContract. Login and start authoring & managing your contracts in a whole new way.

Manage Contracts in a Whole New Way

Enterprise Contract Management. Simplified.

Simplify negotiation. Get better performance insights.

Accelerate Contract Generation

Ensure quicker creation of error-free contracts and with minimal legal involvement, using standard templates as well as clauses with automated review-approval workflows

Get Better Contract Insights

Do not miss your revenue goals because of legal process bottlenecks. Quickly and easily adjust policies and processes to spend less time on paperwork and improve efficiency.

Improve Vendor Contract Management

Predict supply and security risks by quantitatively assessing vendor performance. Get granular insights into vendor performance, to aid in contract negotiations and renewal.
 

What procurement teams can do with iContract

Zycus' analytical tools can analyze data from the past contracts with a particular vendor and identify patterns to measure risks associate with that vendor’s contracts.

Yes, analyzing and comparing performance of Vendor A’s past contracts with us can give a data driven analysis of current performance scope for Vendor A.

iContract is constantly updated with any changes or updates to the existing regulations. It then identifies all older and legacy contracts in the centralized repository and automatically updates them with any new or updated regulations to ensure they stay compliant.

Yes, you can identify and track contracts by multiple parameters including value and geography.

Contract performance considers multiple, varied and customizable parameters including but not limited to obligations management, contract progress, payment status, meeting pre-defined milestones and metrics, etc.

Yes, iContract stores and archives contract audit history details for future referencing.

Yes, iContract provides advanced post-award contract management and analysis through comprehensive reporting and dashboards, real-time access to obligations and milestones concerning to both contract parties.

Yes, Zycus' automated contract management solution provides key contract data like upcoming expiries, renewals, payments in advance, through comprehensive, real-time dashboards, accessible from across devices.

Jumpstart Your Contracting Journey

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4 Pillars of Contract Compliance

Find out how to create a strong foundation for boosting enterprise-wide contract compliance

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Designing a Robust Contracting Process
Discover how to design an efficient and future-proof contracting process for your enterprise
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5 Steps to Realizing Value from Contract Management
Minimize risks, improve efficiency and maximize value with effective Contract Lifecycle Management
 

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