Compare Contract Insight vs Coupa Contract Management

Summary

Contract Insight is an appropriate contract management software that enables companies to store and manage unlimited contracts. It allows users to manage, track and draft contracts quickly. Users can automate and streamline the entire lifecycle of an individual contract, based on the unlimited storage, flexible features and version tracking mechanisms available within. Contract Insight also helps companies with effective management and control of the entire supplier relationship. It does so, by enabling admins to gain access to critical vendor information, insurance certificates, important documents, scorecards, workflows, alerts and more. As an enterprise-grade solution for acquisition, sourcing, bid and solicitation management Contract Insight turns out to be of great use. This solution works for organisations of all sizes and adheres to their ever-changing business needs and requirements on the go. Contract Insight also helps companies in managing procurement contracts. It enables them to automate and manage purchasing and sourcing cycles alike. Moreover, companies can also utilise the particular software to manage product and services catalogues, budget levels, approvals, spend tracking, online bidding, award management, punchouts and more. ..show more

Coupa Contract Management provides enhanced control and efficiency across the entire contract life-cycle, enabling the particulars to be legally operationalized for their optimum value. Advanced data analysis offered by the solution, helps automating the contact creation process and gain portfolio based visibility into commitments as well. Coupa Contract Management provides real-time structured data helping users to amend, re-work or terminate incurred contracts, avoiding loss. Clause libraries and smart templates within the particular, enables users to get individual contracts drafted in an intelligent way. Its robust workflow facilitates enhanced collaboration for internal contract related negotiations and approvals. The software features a global repository facilitating protected portfolio storage and monitoring besides offering overall visibility. Organizations get to understand the risk levels in contract monitoring and facilitate tight control via detailed reports, built-in risk scores, data normalization and more. Customizable dashboards and automated alerts within Coupa Contract Management, eliminates unwanted disruptions. Users can also digitize their pre-existing contracts using the particular software. ..show more

Approval Workflow Allows to route the documents to one or multiple people for seeking their approval

Auto Extraction Helps in conducting auto scanning of data and extract the required piece of information from a contract document

Buy Side (Suppliers) Helps managing contracts of firms that buy investment services like securities

Completion Tracking Helps in setting certain completion criteria for any activity within a contract management process

Contact Management Organizing customer data in a centralized location and handling contact details, demographics, transactions, etc.

Contract Drafting Helps in drafting a reliable and secure contract for understanding properly the terms of the agreement

Contract Templates Provides ready-made beautiful templates for writing different types of contracts

Digital Signature A facility to capture digital signature in a secure format

Document Management Ability to store and manage various information and documents in electronic format.

Full Text Search Allows and helps in searching for a single or a collection of computer-stored documents in a full-text database.

Government Contracts Helps taking care of Government contracts that allows you to sell your goods/services to the Government and its different agencies

Lifecycle Management Helps in automating and managing all the critical phases of a contract, starting from its initiation until its compliance and renewal.

Milestone Tracking They act as signposts through the course of your project, as they help to ensure that you're staying on track.

Sell Side (Customers) Helps in managing the contracts related to the firms that sell investment services to asset management firms/organizations

Specialty Contracts Helps managing specialty or formal contracts that mainly are written agreements, as a deed.

Version Control It gives the team the ability to recall specific versions of a document, code, content, file, or folder that records changes over time.

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