Risk is an inherent part of any business operation. Modern contract risk management tools enable organizations to identify and mitigate contractual risks to derive full business potential.
Contract risk management begins with generating compliant and qualified business agreements. It protects organizations from legal, financial, and operational repercussions.
Features:
Minimizing contractual risks is easy with a brilliantly designed and secure contract management system. It enables organizations to safely store all their active contracts and relevant documents in a centralized location.
Features:
Control and transparency across a company's entire portfolio of active agreements can go a long way in improving contract risk management. A centralized cloud storage facility and an integrated comprehensive search offered by Dock 365’s CLM software help organizations achieve it.
Benefits:
Organizations are exposed to contractual risks and losses through poor contract management. Driven by Microsoft SharePoint and Office 365, Dock CMS has sophisticated features to address process irregularities.
Risks Solution
Missed deadlines Automated reminders for milestones
Lax access control Role-based permission
Compliance failure Obligation tracking function
Poor approval process Automated approval workflows
Ineffective reporting Custom contract reports
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