Benefits
Never Miss Another Contract Milestone
Would you risk your entire business for the sake of a missed
renewal?
The milestones within your
contract are way-points in the contract lifecycle that present both
opportunities and risks. The financial implications of these
opportunities and risks are such that the entire value of a
contract can be lost through a simple oversight. This might occur
if your key staff member takes leave, resigns, or simply forgets.
You might be too busy on a project, or your normal day to day
business, to take a look at your contracts.
Contract Eagle safeguards your contract milestones via its
unique email reminder system. Emails sent out to the initial
recipient require a response which, if not acknowledged, will be
escalated to the next person in line.
The "Future Event Schedule" report provides a calendar view of
your upcoming events, meaning you are able to plan your contract
activities without having to wait for emails to arrive.
Streamline your administration
If you can't find the contract you may as well have ripped it
up
The ability for your team
to be able to understand the terms of the relationship with your
customer or supplier is vital. If you don't know where the contract
is then you may never find it, or you will waste hours looking for
it. Even worse you may suffer the embarrassment of having to ask
the other contracting party to give you a copy of your
contract.
The contract database features of Contract Eagle ensure you can
always lay your hands on the terms of the agreement. You save those
endless hours of searching and embarrassing calls to the other
party to ask if they can send you a copy. The neat cover-sheets
help ensure that your hard copies are recognised as registered
contracts and the barcoding makes them easy to archive.
The convenience of accessing your contracts through your web
browser means that Contract Eagle works superbly as a central
contract registry. The security features within Contract Eagle
allow contracts to be visible to authorised individuals only. The
enterprise edition of Contract Eagle allows for your contracts to
be secured within departments or business units.
Improve Your Customer/Supplier Relationships
Keep Your Suppliers On Their Toes
Use Contract Eagle to
initiate pricing negotiations and performance review meetings.
Ensure you are taking every available opportunity to manage
your spend, keep your supplier performing and keep them honest.
Hold On To Your Customers
Your customers will realise how efficient you are
when you contact them, on schedule, to meet your
obligations under the contracts.
If you miss a key milestone you may lose the
customer, or worse, face a law suit well beyond
the value of the contract.
All the contractual activities you undertake with your customers
can be tracked within Contract Eagle, ensuring you have a clear
trail of documentation stored in a central location. Any queries on
what was agreed can be answered with authority by referring to your
notes and documents stored within Contract Eagle.
You want to give your customers the best
service you can, so try Contract Eagle to see how it will help
you meet your obligations.
Courtesy Emails for your Customers and Suppliers Too
Contract Eagle can send
emails to the contract counterparty. We recommend you seek your
supplier's/customer's approval first before setting them up to
ensure that it will be a welcome reminder for them.
Once the reminder is willingly received (with permission from
the counterparty) it will generate good will, by
showing the counterparty how well organised you
are. If your suppliers and customers can see that
you maintain a close eye on the contracts they will
become instinctively more alert and attentive to your needs. Like
the clarity required in writing the contract itself, you will
ensure a more efficient relationship when your communication
surrounding the contractual relationship is clear and
consistent.
Save Money
Reduce your spend and improve efficiency
Many of your contracts
will have a limited life and are subject to renegotiation and price
change. If you have the opportunity to gain a financial advantage
by renegotiating the terms of your contract then you must
not miss the window of opportunity.
Terminate redundant contracts
If you no longer require the contract then you
absolutely must terminate it. If your
contract has a notification period then Contract Eagle is able to
send the reminder in advance of the rollover date.
The shareholders will not thank you for locking
them into payments you don't need for another term.
Contract Eagle is Very Affordable
No Excuses not to protect your business
There are countless
reasons for contracts to be mishandled or forgotten. Now that
Contract Eagle is available at such a reasonable price there are no
excuses for not doing something immediately to secure your
contracts against these issues.
Management can rest assured that all contract milestones are
protected by a secure and proven contract database. Contract Eagle
will never stop watching your contracts. It will never call in
sick. It will never take a holiday. It will never resign and forget
to tell its predecessor about a contract.
You've taken the time to sign them so take the time to
safeguard them...
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