We continue to have clients and potential clients ask about the use of policyIQ for Contract Administration. It has occurred to existing policyIQ users that they can configure templates and folders to better manage all sorts of information—including contracts.
If you are still trying to monitor your agreements in Excel spreadsheets or you struggle to locate contracts because of the method in which they have been stored on your shared drive, getting your agreements into policyIQ will go a long way toward solving your ills. If you would like to look up agreements by contract start date, alphabetical order, by initiating department or by dollar amount, these and any other variables that you can imagine can be configured into your contract templates in policyIQ.
Consider this example:
You are limited only by your imagination.
What questions are posed to your team members? What methods of communication do you have to monitor to ensure that all relevant parties are aware of their responsibilities? How do you track contracts over a specific dollar amount so that they are flagged for higher level review? Contact us to arrange a brainstorming session where we can help you to make more efficient work of your contract administration processes.