Intelligent Contract Repository

Each contract is unique with its own combination of clauses, parties, terms and conditions. As buyers and suppliers (and their legal teams) get together, terms change, clauses are inserted, resulting in every new contract being different to the last.

Often, old contracts get filed in a contract repository and new ones are created from scratch. At best, a standard boilerplate contract is gradually reworked into a new contract. More often than not, there’s a lot of reinvention of the wheel involved in this process. Standard clauses are often dropped in favor of less onerous versions and, depending on the commodity, region or line of business, wholly different sets of sub-clauses and addenda may be included or struck.

GEP SMART simplifies the entire contract authoring and creation process. By incorporating a library of best-practice contract templates, allowing you to copy existing contracts, providing clause libraries and automatic inclusion of the contract variables, and letting you edit and store any changes you want, GEP SMART offers maximum flexibility to create the contracts you need to drive maximum value for your business.

Need that slightly amended version of a clause that you added six months ago? That’s a snap — just pull it from the clause library and make the changes you want. With GEP SMART, you only need to create anything once. Now that’s a smart way to create new contracts.

  • Intelligent

  • Intuitive

  • Comprehensive

  • Mobile

  • Cloud-native

  • Best-in-class

  • Powerful

  • Game-changing

CONTRACT MANAGEMENT SOFTWARE

GEP SMART’s contract management tools provide end-to-end, company-wide contract management capabilities — from initial request all the way through long-term maintenance, monitoring and analysis of performance. Contract data flows easily throughout the contract life cycle — affording smarter, faster work processes, and galvanizing time- and labor-saving innovations, such as automatic document creation.

Collaborative Contract Authoring

Comprehensive contract creation and approval functionality — from collaborative redlining with stakeholders and suppliers to digital signatures — speeds up the contract authoring process

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Source-to-Pay Integration

Create contracts directly from supplier offers in any sourcing event. Push the negotiated prices and terms into online catalogs to facilitate easy, compliant purchases and drive more savings

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Enterprise-Wide Contract Intelligence

Single procurement data warehouse with intuitive dashboards provides full contract visibility, showing contract utilization and compliance, as well as supplier performance metrics and risk status

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Intelligent Contract Repository

With robust, free-text and string search of the centralized, web-based contract warehouse, you can quickly find any contract-related information you need — anytime, anywhere, from any device

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Compliance Tracking & Reporting

GEP SMART's integrated reports help you easily monitor contract execution and contract compliance, based on user-defined attributes, to ensure compliance at every stage of the purchasing cycle

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Auto Alerts & Event Reminders

GEP SMART's user-configurable auto-alerts trigger action at key points in the contracting life cycle, allowing you to effectively plan contract reviews, renewals, or rebids

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