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Digital Contract Management Platform and CLM
Contraxia a comprehensive integrated Digital Contract Management Solution (CLM) to manage contracts, provides completed control and efficiency throughout the contract lifecycle.
Contraxia also manages multi-vendor relations, enable effective contract governance, align both internal organization and suppliers on track, provides proactive risk management, minimize value leakages, deliver business outcomes, capture value and build capabilities from vendor relationships.
Managing the 3rd Party Suppliers, IT Service Providers, Extended Partner’s, GCCs and CSPs are becoming very critical considering the emerging risks in today’s multi geography, multi sourcing, multivendor environments for the buyer organization.
Monitoring Supply base Risks is very critical from Operational, Strategic and regulatory aspects.
CIOs depend on vendors to deliver a large portion of their service portfolio and play a pivotal role in improving corporate IT practices. With critical business processes now more tightly coupled with IT services and automation enablers, it becomes imperative for CIOs and the Procurement Organization to create a core competency for managing the vendors upon which they rely.
In Today’ contract management (CLM) system need to eliminate manual, discrete processes and replacing them with consistent business and operation processes for Effective Decision Management & Reporting across Contract, Sourcing & Vendor Management Life Cycle (CLM, SVM & VMO).
Contract Management is the key enbler for effective Sourcing Governance. CIO’s will need to link governance to accountable systems, establish a comprehensive governance structure (CLM | SVM | VMO | Procurement Organization) to manage the contracts (Post contract signoff), relationship between retained organization and the supplier relationships.
The Sourcing governance (CMO | SVM | VMO | Procurement ) organization will need to be redefined/enhanced as it evolve from the current model to an intelligent, automated & control oriented organization with governance assets and operational controls across the contract management, vendor and sourcing landscape.
Digital Transformation >> Digital CLM
Contraxia is a Digital Contract Management and CLM Platform for effective management of your contracts and to provides control and efficiency across the entire contract lifecycle.
Contraxia enhances your Contract Management (CMO), sourcing and vendor management(SVM), Procurement organization capability by delivering value, providing proactive risk mitigation on your supply base risks, effective management of global services portfolio and the underlying contracts across the contract life cycle management (CLM).
Energica’ Contraxia Manage, track and report contract summary, revisions, contract changes, the underlying baseline deliverables, milestones and commercial management parameters, manage contract compliance and contract amendments efficiently.
Contraxia is a Centralized repository for managing your contracts especiailly post contract sign-off.
It also establishes the traceability and creates a system of record for the contracts undergoing changes (CCMB) across the enterprise.
Provides the complete visibility into the terms and conditions (T&C) of all types of contracts across the organization.
Contraxia’ Obligation Management Module to keep track of your contractual obligations and customizable dashboards allow close tracking of important obligations, dates to minimize service disruptions, reports identify any deviations, issue-disputes arises out of your supplier
Contractual Obligation Management, Supplier Compliance Audits, Automated Contract Analytics effectively manage the contract risks of third-party relationships. (TPVRM)
Automated Contract Governance & Performance Dashboards to show your contract milestone alerts and inefficiencies in your contracting process.
Contract Analytics provides in-built risk scoring for your post-contract signoff on the execute contracts and for the new and upcoming Draft contracts (sourcing) to provide consistent risk maintenance across all contracts in the contract repository.
Contraxia provides a seamless collaboration across the key stakeholders via integrated workflow for internal contract review, and approval to ensure strict control from uploading the contracts (post contract signoff) to logical review and approval and establishes the audit trail across the Contract Lifecycle.
Contraxia provides you customized data driven deep insights from the contracts.
Gain a competitive advantage through Contraxia
Enteprise Digital Contract Management Solution suitable for SME, MNC, Global Enterprise Buyer, Supplier and Data Center Organizations
Manage, track and report
Value Driven Digital Transformation
Advanced Analytics
Worklfow & Role Based Access
API Integration with Your Enterprise Applications (upstream & downstream)
Proactive Risk Radar from your contracts and suppliy base risks via compliance audits and risk assessments.
Feedback Loop and Continual Improvements
Issue-Dispute Resolution via Contract & Supplier Governance Management
Eliminate Value Leakages across your contracts,
Provide oppurtunities to minimize the contract rils via Contract Compliance Audits, Supplier Compliance Audits, Automated Contract Analytics effectively manage the contract risks of third-party relationships. (TPVRM)
Automated Contract Performance Dashboards to show your contract milestone alerts and inefficiencies in your contracting process.
Contraxia’s structured approach, address all the operational, contractual, relationship and governance issues efficiently across Contract & Sourcing Life-cycle. Please download Contraxia Product Sheet for further information.
Schedule a demo
See for yourself how Energica can help your organization. Book your complimentary demo of our Contraxia Digital CLM Software Solution.
Please reach out to [email protected]
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Digital Contract Management Platform and CLM
Contraxia is a well-suited cloud based Digital CLM Solution platform with GRC and Contract Lifecycle Management (CLM) capabilities for
The increase in numbers of strategic vendors | suppliers | partners and the trend towards multiple smaller deals and new technologies around RPA and Cognitive Automation arena underline the need for efficient sourcing, contract management & supplier governance structures.
Energica is a next generation IT Services Company headquartered in Chennai, India offering digital cloud solutions, analytics and automation services for the global clients.
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Energica Advisory Services Pvt. Ltd
G1 Plot#7, 5th Street
Sekaran Nagar
Perumbakkam
Chennai– 600 100
INDIA
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