Contract Management System
Offers a robust Contract Management System that is designed to streamline your organization’s governance, security, and compliance requirements.
KRiAN, a software company, Our system uses the latest technologies like Blockchain, Artificial Intelligence, and advanced analytics to help you manage your contracts efficiently.
One of the key features of our Contract Management System is transparency. You can easily track and monitor all of your contracts in real-time, allowing you to have a clear view of your organization’s contractual obligations. This helps you to identify potential risks and take appropriate actions to mitigate them.
Our system is fully compliant with the European General Data Protection Regulation (DSGVO), ensuring that all data is secure and confidential. You can rest assured that your organization’s sensitive information is protected at all times.
In addition, our Contract Management System is designed to seamlessly integrate with your existing business applications, allowing you to manage your contracts alongside other critical business processes. This helps to improve overall business efficiency and productivity.
The use of Artificial Intelligence in our system enables us to provide advanced analytics and insights, giving you a deeper understanding of your contracts and the associated risks. This allows you to make informed decisions and take proactive measures to mitigate potential risks.
Our Contract Management System also offers robust risk and compliance management tools, allowing you to easily manage compliance requirements and reduce the likelihood of contractual breaches. Our system is designed to help you identify potential risks, track compliance requirements, and take proactive measures to mitigate risks.
In summary, KRiAN’s Contract Management System is a comprehensive solution for managing your contracts with features that include governance, security, Blockchain, AI, transparency, DSGVO compliance, advanced analytics, business integration, business applications, risk, and compliance management. With this system, you can streamline your contract management processes, reduce risk, and improve overall business efficiency.
We recommend using the following CMS modules, although we are happy to customize to your requirements
#01 Template Management
Users can create/fill/update the metadata values and tag attributes, and send this template for approval.
#02 Agreement Creation
Users can initiate Agreement creation, fill/update the metadata values, select the appropriate approved template, and create the agreement in ‘Draft’ status. Tagged version of documents containing metadata and clauses gets generated at the end of this process
#03 Update Agreement
User can update the Agreement, including changes in uploaded document or metadata values
#04 Agreement Approval
Approver will be notified once the approval process is initiated. Once they review and approve the agreement, the status of that agreement gets updated.
#05 Signatures and Contract Execution
Once the status of the Agreement changes to ‘Approved’, it can come into effect after attestation by both parties.
#06 Post Execution
Post execution process includes amendment creation & execution, Agreement termination and resetting expiry dates of already expired agreements