The contract management module consists of a repository and renewal system recording all data relating to supplier legal documentation such as Master Service Agreements, associated price lists, Maintenance Agreements, tax clearance certificates, accreditation compliance and insurance policies.  Reporting of contract data is available by supplier category, by business group and by renewal dates and alert terms.

Key benefits of this module include:

• Avoidance of "evergreen" contracts estimated to cost organisations between 2% and 3% of annual supplier contract value
• Transparency of a single source of supplier contract & supporting documentation
• Enhanced risk and performance management relating to contract compliance