What is Contract Lifecycle Management?

Contracts are the driving force behind various types of transactions across fields and businesses. The significance of knowing how to work with contracts is such that it is an independent work profile on its own with specialists in the field. This is because contracts are the groundwork of any type of transaction between entities. Thus it becomes crucial to focus on the minutest of details to ensure it is as according to the decided terms.

Various stages of contract lifecycle management are:
The stages listed above are not exhaustive, nor are they rigid. A lot goes into the formation, execution and performance of contracts. A lot of the stages are also personalised as per the work flow and process of each individual or entity. One thing for certain here is that the cycle requires a lot of work and is reliant on area specific expertise at every stage.

This is exactly where we need a contract lifecycle management tool which can not only track our progress but also help towards the completion of stages. The best part about Manucontracts is that you do not need to be a lawyer to draw contracts; we can assist you through each stage of contract lifecycle management.

Why is a Contract Lifecycle Management Tool Required?

In the age of technology, it is only natural that technology brings forward yet another ease of process in the management of everyday life tasks. In this case, the technology focuses on managing the contracts from birth till conclusion. Imagine a guiding and advisory tool to help lawyers, new lawyers and non-lawyers with the process of contracts.

That is why a tool specifically designed for contract lifecycle management becomes necessary. Whether it is keeping track of the number of contracts, to their nature, to their due date, to the specific details of a contract, to any specific alert related to a contract, to working on contracts as a team, a personalised tool to guide and assist the user, would ease a lot of work across stages. The best part, the tool can be customised by the users themselves, in all manners that they want.

Keeping a track of all contracts – current, previous and upcoming, the tool specifically focuses on achieving its goals. A tool dedicated to contract lifecycle management will not only assist lawyers and young lawyers through the various stages of the process but also provide all the guiding light possible to all non-lawyers of the platform and help them in making the most of the platform and its services through suggestions at every stage.

What makes manucontract the Contract Lifecycle Management Tool for you?

Everyone has their own process of approaching their work and there is no strict rule for what may work for one person to work for all. Hence, Manucontract offers you a tool that you can edit, add or modify as per your requirements and personal preference for the complete cycle of a contract and beyond.

Few of the main highlights of Manucontracts are:

• From beginning to the final stages, we’re here for you.
• E-stamping feature.
• Report builder to keep you and your team updated with the progress and goals.
• Get all the alerts related to your contracts on your desktop, phone or any other device through modes opted by you.
• Get automated statistics about your contracts ready and updated on your dashboard at all times for ready reference.
• Have all your related documents to a contract uploaded on the platform for ready reference.
• Cutting-edge technology for all possible modern solutions to managing your contracts.
• A team available to you at all possible times to help and guide you through the platform to enhance your experience of the tool.
• An ever evolving tool that will continue to develop to provide a holistic answer to your needs.

We are Manucontracts!