Contract Repository
Transform your contract management with Tipalti’s contract repository software. Our solution enables you to effortlessly track and manage supplier contracts. Streamline contract reviews using predefined approval flows, centralise all contracts in one location, and gain insights into contract statuses at the purchase level. Stay ahead with intelligent alerts that notify you of upcoming contract expirations.
- Centralized Contract Repository
- Pre-defined Contract Approval Workflows
- DocuSign and IronClad Integrations
- Contract Status Visibility
Features
Centralized Contract Repository
Streamline contract monitoring with all your contracts in a single place. Attach contract files to suppliers and easily search for contracts based on criteria such as supplier name, contract owner, renewal date, and expiration status. You can also set reminders and receive renewal alerts via email. Supports multiple contract types, including NDA and terms & conditions, and more, providing comprehensive visibility into contract statuses directly within purchase requests.
Pre-defined Contract Approval Workflows
Set up contract approval workflows—you can create a dynamic flow based on default and custom fields. Authorized users can easily upload a contract, and the system will automatically route it to the appropriate stakeholders for review and approval via the pre-defined approval flows. Once approved, the contract will appear as “Active” in the system.
DocuSign and IronClad Integrations
Enhance your contract management process with Tipalti’s DocuSign and IronClad integration. After initiating a contract request in Tipalti, you can specify the stage for automated forwarding to the chosen platform for contract signing. Once signed, the contract will be automatically updated in Tipalti’s contract repository for final approval.
Gain Visibility into all Contract Status
Get a comprehensive overview of contract statuses at the purchase level. When an employee creates a new purchase, they and the approvers can quickly determine if the supplier has a valid contract, empowering approvers to make informed decisions promptly. Configure notifications to receive alerts from 7 to 120 days before a contract’s end date. Giving contract owners ample time to negotiate renewals or take necessary actions without catching surprises.
Markus Stellmach | Senior Financial Systems Manager, TIER Mobility
With Tipalti, we can maintain a valid procurement process while keeping it simple and straightforward.
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