Contract library

Central records of different type contracts used by the company

Contract library

Has it ever happened to you that you were in urgent need of a contract signed by the company but it took hours to find it? Or, you remembered a certain part of a contract but could not recall exactly which contract it was in? These problems can never occur if you have a well-organised contract library. At the current level of technology, it does not pose a problem if you want to store the full content of hard copy contracts in a digitised and searchable form. Having access to this function, you no longer need to spend time on finding contracts and laboriously go through them when you want to check some details. Well, actually, you may no longer need to prepare hard copy contracts at all. An electronic document generated in compliance with the required standards and regulations, and complete with the required level of electronic signatures is quite sufficient. Contracts created in this form have the same probative value at court as their hard copy equivalents.

Features

  • Manage paper-based contracts and contracts created only in an electronic form
  • Multi-level classification of contracts
  • Support the contract preparation process
  • Contract templates
  • Add electronic signatures to contracts and verify third-party signatures
  • Recognise full content of contracts using OCR technology
  • Automatic warnings
  • Store all documents (annexes, preparatory materials) associated with the contract
  • Control access rights
  • Keep records of invoices related to the contract

Advantages

Uniform storage of and access to hard copy and electronic contracts.

Structuring option: different types of contracts specific to given areas can be displayed in a hierarchical structure.

Linking other contract-related documents (certificates of performance, invoices) to the contract simplifies the overview of contract-related processes.

General features

  • Bespoke solutions
  • Reliable systems tailored to the needs of financial institutions
  • Processes and data content can be designed by the principal
  • Solutions working closely with other systems used by the company