Make your contract management easier with Conrab. Our system helps you keep track of all contracts, step by step. You'll receive reminders when it's time to terminate or renew a contract, and invoices are automatically matched.
We make sure everything follows the rules - without the hassle. From first draft to follow-up, we make the process clear, fast and easy to use.
Managing your company's contracts doesn't have to be complicated. With a digital contract management system, you get a powerful tool that gives you full control over all contracts - from customer and supplier agreements to internal staff and partner contracts.
The system gives you a clear overview and reduces the risk of common mistakes, such as lost documents, contracts renewed without approval or duplicate versions. You get reminders of important dates and everything is in one place - available when you need it.
A major advantage is the management of recurring invoices. Around 15-25% of a company's supplier invoices are recurring and can be automatically matched against existing contracts. This means you don't have to approve the same invoice over and over again.
We have created Conrab's system to make your everyday life easier and provide you with an efficient and safe solution.
Why is contract management important?
Contract management is a key process to ensure that contracts are handled correctly, that no important terms are overlooked and that the company's interests are preserved.
Common challenges with contract management
Managing multiple contracts, deadlines and specific terms can be a complex task. With a digital contract management system, you can reduce risks and make the process more efficient. Contract management is about structuring and following up on your company's contracts to ensure that important details are not missed. Our solution digitizes management, providing faster access to contracts, increased security and less reliance on paper documents.
All contracts are scanned or imported digitally, making them available directly in our contract management system. The content can be interpreted and recorded according to your specific needs and rules. You can also verify information against your business system, such as supplier numbers. Contracts can also be retrieved and registered via a signing tool that Conrab Opto integrates with. There are currently existing integrations with Scrive and Oneflow, among others.
Permissions to manage contracts can easily be set at user or group level. If a person leaves the organization, permissions can be easily transferred to another person, ensuring continuity and security.
Contracts are stored securely in Conrab Opto, with the option of extra security levels for sensitive documents, such as bonus agreements. Our digital contract management solution means you always have access to your contracts, without having to search through physical archives.
Automated reminders are sent out to ensure that no important deadlines are missed. If an action is not carried out on time, the system can escalate the case to ensure that the contract is not automatically renewed without review.
With our contract management, you can easily send contracts to the relevant parties for review. Permissions and tracking of different versions of the contracts are handled smoothly in the system, giving you a full overview of the process at all times.
Our contract management system allows you to monitor and follow up on contracts in real time. You can create reports that are automatically sent to the people responsible, improving control and ensuring that no contracts are missed.
Contracts can be easily linked to other documents and systems within the company. Read more about this on our document management system page. This means that you can, for example, view invoices and claims directly from a supplier contract, simplifying your work and reducing the risk of mistakes.
