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What is Newgen Contract Lifecycle Management?

Optimize and automate the entire contract lifecycle, encompassing initiation, drafting, negotiation, execution, and expiration phases. This strategy will afford your organization total visibility over all contracts, leading to improved compliance, minimized risks, and increased employee efficiency. Leverage our automation tools for smarter contract drafting and diligent tracking of contract details. Implement streamlined workflows for key processes like contract creation, review, registration, renewal, termination, and modification requests. Evaluate results from public spending to guarantee that payments correspond with established performance indicators. An escalation matrix, seamlessly integrated from the client’s active directory, will clearly define the escalation hierarchy. Moreover, maintain a comprehensive clause repository that captures vital information on contract clauses, including clause ID, name, and textual content, to support effective contract management. This all-encompassing strategy not only boosts operational productivity but also ensures all stakeholders remain informed throughout every stage of the contract lifecycle, facilitating collaboration and accountability. In doing so, your organization will be better positioned to manage contracts effectively and drive overall success.

What is BRC Gap Analysis?

By employing the BRCGS Global Standards as a guideline, a structured set of inquiries will be developed for each section and clause, with answers classified as Yes (indicating adherence), No, or N/A. Any issues will be highlighted if a question receives a No response. Each inquiry will have a space for comments, allowing for the citation of relevant documents, like policies, or the addition of further remarks. When non-conformities are discovered, corrective actions can be initiated, assigned to individuals accountable for resolution, given specific deadlines, and confirmed by appointed personnel. You can explore each identified deficiency in detail to monitor the raised actions, the responsible parties, and the current status of those efforts. It is vital to keep a thorough historical record and an audit trail for all evaluations and actions related to the BRCGS Global Standards clauses. Additionally, it is necessary to revisit the gap analysis whenever there are changes in processes or products to guarantee sustained compliance. Regular assessments of the compliance status are key to early identification of potential risks, allowing for timely interventions to address them effectively. This proactive approach ensures that the organization remains aligned with the evolving standards and best practices.

Media

Media

Integrations Supported

Additional information not provided

Integrations Supported

Additional information not provided

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

$20.16 per user per month
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Newgen Software

Date Founded

1992

Company Location

United States

Company Website

newgensoft.com/solutions/enterprise-service-management/contract-lifecycle-management/

Company Facts

Organization Name

BRC Compliance Solution

Company Location

United kingdoms

Company Website

brccompliance.org/brc-gap-analysis/

Categories and Features

Contract Management

Buy Side (Suppliers)
Completion Tracking
Compliance Tracking
Contract Lifecycle Management
Electronic Signature
Full Text Search
Government Contracts
Pre-built Templates
Sell Side (Customers)
Specialty Contracts
Version Control
Workflow Management

Categories and Features

Compliance

Archiving & Retention
Artificial Intelligence (AI)
Audit Management
Compliance Tracking
Controls Testing
Environmental Compliance
FDA Compliance
HIPAA Compliance
ISO Compliance
Incident Management
OSHA Compliance
Risk Management
Sarbanes-Oxley Compliance
Surveys & Feedback
Version Control
Workflow / Process Automation

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