6 scientific and optimal contract management software for businesses

Contract management software is an important tool to support management and employees in establishing, signing agreements and storing contracts conveniently and effectively. In this article, let's explore with 1C Vietnam 6 outstanding contract management software today.

1. Contract management using 1C:Document Management software

1C:Document Management software supports multi-functional and powerful contract management, developed and distributed by 1C Vietnam - a reputable software provider today. With comprehensively developed features, 1C:Document Management solution allows managing all types of enterprise contracts according to each project and field of activity.

Outstanding features of 1C:Document Management in contract management include:

• Allows recording a variety of contract-related information, including attributes and attachments.
• Update detailed information about the contract such as participating parties, signing date and validity period, etc. This makes contract management accurate and easy.
• Provide a clear and flexible contract processing process. Users can create a draft contract, transfer it to management levels to unify the content, and proceed with contract approval according to a predetermined process.
• When there are changes or edits, the system will automatically create a new version and store the old version to help track changes, store edit history, and restore the previous version when necessary.
• Report forms can be customized according to needs.
• Flexible lookup feature helps users easily search for contracts according to many different criteria and filtering conditions.

2. FastWork CRM contract management software

FastWork CRM is software that supports contract management features for businesses. The software allows for easy and convenient management, storage, and security of all types of contracts.

Below are the outstanding features of FastWork CRM:

• Update detailed information about the contract for ease of management.
• Classify contracts by status and history to track the contract process as well as capture relevant information.

3. 1Office contract management tool

1Office is a construction contract management software that provides features to help users easily capture and update information. This is a suitable choice for construction companies from small to large.

Some outstanding features of 1Office:

• Manage all information related to the contract, making tracking convenient and effective.
• Easily update contract status.
• Provides detailed reports on the status of managed objects, helping users have an overview and reliable view of the contract situation.

4. DocEye contract management software

DocEye is a contract management software that supports the management, distribution and storage of all contract-related information. With diverse and flexible features, the software can be customized according to the needs of each administrator and business operating model.

Below are the outstanding features of DocEye:

• Provides the ability to store contract information and restore data in case of loss.
• Monitor and execute contracts according to established timelines, ensuring compliance with commitments made.
• Create contracts easily according to standardized templates, ensuring professionalism and creating a good impression with partners.

5. VT Contract contract management tool

VT Contract is a contract management software built on the SharePoint platform, providing comprehensive solutions for all types of businesses.

Below are the outstanding features of VT Contract:

• Manage general information about contracts including information about partners, time, value and other important terms.
• Classify contracts by project, help organize and manage contracts.
• Report extraction helps users create statistical reports on contract management status and progress.

6. PandaDoc contract management application

PandaDoc is a contract management application that automates document processes for businesses. Instead of having to use multiple different tools to create, send, and track contract documents, PandaDoc lets you do it all on a single platform.

PandaDoc's superior features include:

• Create contract documents and send them to relevant parties; Track the recipient's viewing, signing, and response process.
• Look up and track information in contracts, view status, edit history and previous versions of documents.
• Notifications about the status of the contract, notifications can be set for deadlines, renewals or any changes in documents.

7. Benefits of using contract management software

Contract management software is an effective tool in the operation and management process of a business. Using this software will bring significant benefits to stakeholders including businesses, contract managers, and contract creators and reviewers.

7.1. For Businesses

Using contract management software helps businesses perform many tasks including:

• Supports storing and managing a list of enterprise contract types in a synchronous and unified manner.
• Standardize and control processes from creating, reviewing, implementing, renewing, auditing to ending or liquidating contracts, ensuring on schedule and minimizing errors.

7.2. For contract managers

Besides the benefits it brings to businesses, contract management software also helps managers:

• Increase initiative in contract-related activities.
• Increase work efficiency and save time on contract management.
• Search and process contracts effectively, optimizing time and effort.

7.3.For contract creators and reviewers

Contract management software is an effective solution that helps contract creators and reviewers reduce the burden by providing the following benefits:

• Support employees to create more standardized, standardized and professional contracts.
• The job notification feature via email helps employees be proactive in performing tasks.
• Support managers to quickly approve contracts, avoid cumbersome and complicated procedures compared to before while still achieving high efficiency.

Above, 1C Vietnam has suggested top 6 reputable contract management software for businesses. If you have any questions or need advice about contract management software , please contact 1C Vietnam for support today!