SharePoint Contract Management Software is a contract lifecycle management system designed for enterprises to streamline contract drafting, review, approval, and execution processes. It integrates seamlessly with Microsoft 365 SharePoint, offering a comprehensive contract repository, workflow automation, and collaboration tools tailored to manage contract lifecycles efficiently.
Key Features
- Microsoft 365 Integration: Operates as an app on SharePoint Online, leveraging familiar platforms like Word Online for editing and version control, plus plugins for Outlook and Teams to facilitate task assignments and notifications.
- Contract Lifecycle Automation: Manages contract requests, authoring, internal reviews, third-party negotiations, approvals, and e-signatures with structured workflows, audit trails, and role-based access.
- Custom Request Forms & Routing: Enables creation of tailored contract request forms, automates routing based on contract values and departments, and tracks urgent requests for improved responsiveness.
- Clause Library & Standardized Templates: Supports centralized, pre-approved templates and clauses, ensuring standardized contract content and comprehensive change tracking across documents.
- Contract Repository & Alerts: Provides a secured centralized repository with quick search features, metadata capture, and automated notifications for contract renewals, expirations, and amendments.
- E-Signature Integration: Native support for popular e-signature services like DocuSign, Adobe Sign, Sertifi, and HelloSign simplifies contract execution and archiving.
Use Cases
- Legal and Contract Teams: Manage large volumes of contracts with automated workflows to ensure compliance, reduce manual errors, and track every stage from creation to execution.
- Procurement and Sales Departments: Streamline contract requests and approvals through customizable forms and predefined routing to speed up deal closures.
- Organizations Using Microsoft 365: Enhance existing SharePoint investment by adding contract lifecycle management capabilities directly within the familiar Microsoft ecosystem.
Frequently Asked Questions
What is SharePoint Contract Management Software?
It is a contract lifecycle management platform built to run on Microsoft SharePoint Online, aimed at helping organizations manage contract drafting, review, approvals, and storage through an integrated system that supports workflow automation and document collaboration.
How does the software extend Microsoft SharePoint?
By installing as an app within SharePoint Online, it leverages Microsoft Word Online for editing with version control, connects with Outlook and Teams for communication, and uses Active Directory for role-based access and single sign-on, enhancing contract-related tasks without requiring separate platforms.
What kind of contract templates and content standardization does it support?
The system includes a clause library and standardized templates that allow organizations to maintain consistency across contracts, track changes at the clause level, and ensure that only approved content is used throughout the contract lifecycle.
What are the limitations of this software?
Since it depends on Microsoft 365 SharePoint Online, it may not suit organizations without SharePoint infrastructure. Also, customization or integration outside of the Microsoft ecosystem might require additional development or tools.
Which e-signature providers are integrated?
The software supports native integration with DocuSign, Adobe Sign, Sertifi, and HelloSign, providing flexibility in choosing e-signature providers for contract execution.