Preferred Contract Lifecycle Management Software for Non-Profit Companies
Agile and compliant contracting for Non-Profit Companies
The Non-Profit sector grapple with a challenging contracting process owing to difficulties in balancing their mission, resources and legal requirements. Non-profit organizations most often do not have in-house legal or procurement teams making it difficult to tackle complex legal and regulatory requirements. Zycus, a 3rd time in a row leader in the Forrester WaveTM Contract Lifecycle Management is ideally positioned to help Non-Profit companies with their contracting needs.
Contract Management Challenges in the
Non-Profit Industry
Limited financial and human resources
to devote to contract management. This can make negotiating contracts, managing contract compliance, and resolving disputes difficult
Uncertain funding streams
make it difficult to plan for long-term contractual obligations
Aligning contracts with mission
and values makes it challenging to enter into agreements that do not share the same mission or value
Difficulty in negotiating contracts
that meet the needs of all stakeholders including donors, members, and beneficiaries
How AI-powered CLM
solves these key challenges:
Automate the entire
contract lifecycle, from contract creation to execution and renewal, to reduce manual tasks and save time and resources
Analyze contract
data to identify trends, risks, and opportunities and make data-driven long-term decisions
Easily access and manage
all supporting and regulatory documents with contracting parties to ensure 360-degree visibility and complete regulatory compliance
Leverage dynamic
and standard workflows with multiple reviewers and approvers for parallel redlining and negotiation accelerates contract closures
Integrations
iRequest
Fast-track contract creation by originating contract initiation process directly from a sourcing event
InstaReview
Get complete visibility into potential risks in contracts along with suggestions to mitigate them to achieve 100% process compliance.