Contract Execution Process

Contract execution process

Fast action at contract signing kick-starts the agreement and initiates activities quickly. During the contract execution process comes a series of actions that must occur quickly to initiate the agreement, whether it is kicking off a procurement procedure, or launching a new customer relationship.

When managing contracts there is perhaps no better way to jump start the execution of any agreement than with digital signatures. Digital signature technology automates signature gathering and eliminates the manual steps in getting contracts signed and returned, sometimes eliminating several days or more from the signing period.

Once signed, contracts must be routed and filed. File descriptors, along with full text searching, make everything organized and easy to find again quickly. Security protocols prevent anything from happening to the files. Key stakeholders are notified with email alerts informing them of the actions to be taken.

Digital signatures speed contracts into action

Key tools

Workflow

Automate and improve business processes with built-in document workflow software that is included with Document Locator.Learn more »

Records policies

Minimize risk in compliance, legal actions, and e-discovery by defining records policies that capture, identify, store, and dispose of files according to requirements.Learn more »

Filing and organization

Capture, identify, store, and dispose of business records according to policies with records management software.Learn more »

Electronic signatures

Use optional third-party applications to incorporate digital signatures within the document management system.Learn more »
Guide to better contract management

Read more

Contract management

Improve contract lifecycle management and contract administration.Learn More »

Contract initiation

Moving from ad-hoc to standardized contract requests and originationLearn More »

Contract authoring

Harmonize the contract creation and collaboration process.Learn More »

Contract approval

Clear bottlenecks and move contracts through approval processes faster.Learn More »

Contract negotiation

Capture every redlined edit and comment during a negotiation.Learn More »

Contract renewal

Avoid missed renewal deadlines and opportunities.Learn More »

Learn more

Be ready for the next audit.

Be ready for the next audit

Automate document control procedures to comply with quality and compliance standards including ISO, FDA, HIPAA, and more.
HR files under control

Employee files under control

Manage employee files, automate workforce procedures, take command of forms, policies, and more.
Project file management

Structured project files

Automate project folder creation, document reviews and approvals, track status over time, and monitor activity through reports.
Manage business operations

Automate business processes

Automate the flow of documents and information to define, optimize, and control repeatable business processes.

Ready for a Contract Management Demo?

Take the first step towards contract management with Document Locator. Request a demo today and discover how our document management solution can help your organization. Fill out the form to get started.