Creating contracts quickly and easily using pre-approved templates and legal clauses.

Strengthening operational, contractual, and regulatory compliance.

Standardizing and controlling contract development.

Automating and accelerating contract lifecycle management from start to finish.

Managing procurement and sales contracts, IP licenses, and internal agreements Cloud-based tools help us save on both, and Coupa and SAP Ariba are well-known in the market for supporting contract management activities.

Most contract management software is designed to provide greater visibility into corporate spend, create greater efficiencies in the contract process, and lower administrative costs. The Ariba contracts module is a solid software solution that provides our contracts with the tools to effectively manage our active agreements.

These stages include initiation, authoring, process and workflow, negotiation and approval, execution, ongoing management and compliance (within the repository), and contract renewal.īuyers and suppliers save time and reduce errors by creating a common language, core templates, unified terms, and repeatable, consistent conditions.

Contract lifecycle management (CLM) automates and streamlines contract processes during key stages.

Contract management in ariba