Many businesses operate in highly regulated industries which involve various authorisations, approvals, permits and licences (often both at a corporate and employee level). Lapsing approvals, reporting obligations, registrations and permits, can have serious consequences.
In a ‘high-volume’ contract and document environment, companies need a ‘single and reliable’ source of truth for managing risk, audit & compliance.
Businesses need a complete record of all their contracts, documents, key information, current approvals, licences and permits, including any key terms and conditions attached.
mycontracts™ enables users and stakeholders to set and monitor key obligations, renewal and expiry dates and contract status. It instantly generates key summary reports of all critical terms and conditions.