Contract Event Management Tool
Automate and centralize all the tasks associated with contract addendums with easy to use price analysis tools, email-driven addendum requests, and a customizable approval workflow. This tool can:
  • Analyze and Calculate Price Updates
    • An approval chain of command can be easily defined
    • Users of the system are presented with their own work lists; they see only the price changes that they are required to act upon


  • Customize Approval Workflow
    • The tool supports multiple users with different levels of approval authority
    • An approval chain of command can be easily defined

  • Define Escalation Timeframes
    • Set escalation timeframes
    • Appoint proxy approvers within the application
    • Approvals do not languish; price changes will be expedited quickly

  • Demonstrate SOX Compliance
    • Authorizations and approval responsibility are maintained and can be reported upon