Contract Management

The HighRoads Contract Management solution gives you complete visibility into all of your HR service provider and group insurance contracts by storing them in a central library system. Beyond this, the solution automates and facilitates the entire contract creation, negotiation and maintenance process through online collaboration. Users also have detailed visibility into the status and properties of contracts and where the contracts reside in the process.

Contract Management streamlines the time-consuming process of creating, updating and managing HR contracts, providing the following benefits:

• Improves supplier relationships through proactive negotiation before contracts expire
• Provides a secure, collaborative environment between your company’s internal stakeholders and your suppliers
• Delivers built-in workflow capabilities enabling simultaneous review, edit, and approval changes
• Satisfies compliance requirements with an audit trail that includes contract revisions and version control

Additionally, the solution streamlines the contract update process. Designing, managing and revising content in contracts is made simple by associated or linked technology. This means that standard language is easily shared across multiple agreements, and once edited is applied to all linked documents.

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