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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 Initio?

Recognize and obtain key data components from your contracts to effectively respond to business needs. By leveraging your contract details, you can reduce risks, optimize business operations, and track important commitments such as renewals, changes, and key milestones. Utilize our expertise in legal engineering to express your business challenges and operational difficulties. Collaborate with our legal engineering team to swiftly establish and execute workflows without needing any technical expertise. This method enables rapid creation and initiation of contract generation and approval processes, significantly improving operational efficiency and responsiveness. Ultimately, this systematic approach equips your organization to handle contracts better and achieve superior business results, fostering a culture of proactive management and continuous improvement.

Media

Media

Integrations Supported

Adobe Acrobat Sign
Docusign
Google Calendar
Google Drive
Leegality
Microsoft Outlook
Okta
Salesforce
Slack
Workday Extend
Zapier
Zoho CRM

Integrations Supported

Adobe Acrobat Sign
Docusign
Google Calendar
Google Drive
Leegality
Microsoft Outlook
Okta
Salesforce
Slack
Workday Extend
Zapier
Zoho CRM

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
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

Initio

Date Founded

2017

Company Location

United States

Company Website

initiohq.com

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

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