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What is Kontrax?

Create a new contract by completing a simple form that allows you to assign a supplier, choose a category, and establish a deadline. You also have the option to add custom fields for effective tracking of each contract. Effortlessly manage related documents by dragging and dropping them into your workflow for improved organization. It’s crucial that team members have access to these contracts, bringing all essential information into a single, accessible location. An automatic scheduling system will manage renewal and termination deadlines, sending alerts to the relevant stakeholders. Your team will have the ability to view a remote dashboard that provides an overview of all ongoing contract activities, including work logs, approval requests, future deadlines, and required amendments, thus promoting enhanced collaboration and efficiency. This unified system not only simplifies contract management but also fosters better communication among team members, leading to a more cohesive workflow. By integrating these features, the process becomes more transparent, ensuring everyone stays informed and engaged.

What is Komrz TRACKx?

Intricate internal procurement procedures can cause significant financial losses that adversely impact both business success and relationships with strategic suppliers. The Financial Dashboard provides CXOs with the ability to oversee both spending and revenue aspects by granting immediate access to financial information from all vendors and contracts. In addition, the Procurement Dashboard plays a crucial role in mitigating supplier risk dependencies, facilitating the discovery of savings opportunities through supplier rationalization. By ensuring comprehensive visibility of expenditures across all vendors, the Calendar Dashboard simplifies the tracking of activities and deadlines, offering strong features to keep users updated on contract-related events. Moreover, the Portfolio Dashboard is instrumental in monitoring and evaluating project health indicators and financial metrics using various key performance indicators, which are vital for effective prioritization. Utilizing these dashboards allows organizations not only to refine their procurement strategies but also to bolster their financial management. Ultimately, the integration of these tools can lead to a more streamlined and efficient procurement process.

Media

Media

Integrations Supported

Additional information not provided

Integrations Supported

Additional information not provided

API Availability

API Availability

Pricing Information

$19 per month
Free Trial Offered?

Pricing Information

$49 per month
Free Trial Offered?

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Web-Based Support

Customer Service / Support

Standard Support
Web-Based Support

Training Options

Not specified

Training Options

Online Training

Company Facts

Organization Name

Kontrax

Company Location

United Kingdom

Company Website

mykontrax.com

Company Facts

Organization Name

Komrz

Date Founded

2019

Company Location

India

Company Website

www.komrz.com

Categories and Features

Contract Management

Buy Side (Suppliers)
Completion Tracking
Compliance Tracking
Workflow Management

Document Management

Access Controls

Categories and Features

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