Unable to place a contract request directly from Salesforce or any P2P platform.
Absence of contract workflows led to compromised contract reviews.
Lack of standard contract templates for in-house and external contracts.
Absence of a central contract repository led to poor visibility into executed contracts.
Embedded self-service portal along with guided wizard to automate the workflows and AI engine to parse third party contracts.
Automated workflows for seamless contract reviews, negotiation and execution while tracking the redlines.
Established a single source of truth along with a user-defined access for retrieving contracts and perform search.
Set alerts & reminders to schedule recurring statistics reports and dashboards for holistic view of key metrics.
Led to ease of use and faster atoption of the CLM within US and Asia users.
Set workflows to track and monitor the contracts stuck at every stage with just click of a button to accelerate the contract process.
Streamlined contract initiation for authors across several business units.
Reduced the time to signature to under 2-3 weeks from about 2 months.
Scaled up adoption with 100% of sell-side contracts processed through Zycus iContract since implementation.
Improved 100% Contract Visibility by accessing contacts in a few seconds.
Mitigate contract renewal and termination risks with timely reminders.
