Make More Efficient Work of your Contract Administration Process

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:

1302_Contract 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.

This entry was posted in Solutions and tagged , , , by Stephenie Buehrle. Bookmark the permalink.

About Stephenie Buehrle

Stephenie is the “solutions” expert on the policyIQ team. With RGP since 2004, she designs and develops solutions that capitalize on the best practices of the hundreds of companies that she has touched, while tailoring each configuration to meet the unique needs of each client. Before joining RGP and the policyIQ team, Stephenie enjoyed working as an independent consultant in the non-profit sector. Stephenie also previously performed analyst services for a major brewer ranging from roles in biological and chemical services to analytical roles in business process improvement and innovation. Stephenie quips that she still doesn’t know what she wants to be when she grows up, but hopes to spend her days helping others (companies, individuals, and communities) to realize their full potential.

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