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What is Newgen Provider Contracting Management?

Enhance the lifecycle of provider contracts by utilizing automation to effectively manage complicated care delivery models, intricate regulations, and constrained provider networks. It is crucial to uphold compliance with regulations to reduce the chances of facing financial penalties. By promoting the creation and oversight of value-based contracts, providers are empowered to deliver transparent and consistent care to their members. The entire contracting process should be expedited, covering initiation, negotiation, execution, archiving, amendments, and renewals. An automated contract creation system, supported by interview-driven contracting features, can streamline this process. A smart questionnaire can be employed to swiftly generate contracts from pre-defined templates, while integrating features like parallel editing, bind variables, reusable clauses, and templates will further accelerate contract development. Additionally, a systematic and organized approach to managing provider credentialing should be maintained, incorporating case auto-routing and intuitive checklists to decrease the likelihood of errors. This all-encompassing strategy not only boosts operational efficiency but also cultivates stronger relationships with providers, ultimately benefiting all stakeholders involved. Moreover, a focus on continuous improvement and feedback mechanisms can ensure the longevity and adaptability of these practices.

What is SAP Ariba Contract Management?

Say goodbye to the disorder that comes with disorganized and inadequately handled paper contracts, as well as the risks and financial drawbacks tied to them. Implementing SAP Ariba's contract management software enables you to eliminate the reliance on paper and ink throughout every stage of any contractual agreement. This innovative solution promotes seamless collaboration among all parties, irrespective of their geographical location in today’s digital world. With improved tracking features through secure electronic storage and effective search functionalities, contracts are readily accessible whenever needed. Additionally, you can quickly create contracts by utilizing pre-approved templates and established legal clauses, making the entire procedure more efficient. By using the latest versions of SAP Ariba’s contract management software, you will notice a significant decrease in total cost of ownership (TCO) while requiring minimal input from your IT team. Furthermore, synchronizing your contract management processes with other SAP Ariba solutions, your ERP system, or external applications guarantees exceptional compliance and oversight. In the end, SAP Ariba not only boosts operational efficiency but also cultivates a more systematic and secure method of managing contracts, ensuring your organization is always prepared for the future. Embrace this transformative approach and watch your contract management practices evolve.

Media

Media

Integrations Supported

Integrations Supported

Beamy
Data Secure
DemandMatrix
Neptune DXP
Noosh
ReturnPro
SAP Ariba
Sirion CLM
Splunk User Behavior Analytics
Thales Sentinel

API Availability

API Availability

Pricing Information

Pricing not provided

Pricing Information

Pricing not provided

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Standard Support

Customer Service / Support

Not specified

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

On-Site Training

Company Facts

Organization Name

Newgen Software

Date Founded

1992

Company Location

United States

Company Website

newgensoft.com/solutions/industries/healthcare-payer/provider-contracting-servicing/

Company Facts

Organization Name

SAP Ariba

Date Founded

1972

Company Location

Germany

Company Website

www.ariba.com/solutions/solutions-overview/strategic-sourcing/contract-management-software

Categories and Features

Contract Management

Not specified

Categories and Features

Contract Management

Buy Side (Suppliers)
Compliance Tracking
Contract Lifecycle Management
Electronic Signature
Full Text Search
Pre-built Templates
Sell Side (Customers)
Workflow Management

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