Procurement Contracts Execution
A major software company asked Advantage to design a QuickBase system to replace their Word
document, e-mail and fax process for executing thousands of contracts and SOWs
with hundreds of outside companies. Advantage accomplished this so all contract information
starts as a database record and is simply rendered into contract forms for
view and approval. Routing for approvals is electronic and automatic, signatures
are electronic, and contracts never have to go to paper unless a party wants
a paper copy.
Besides speeding up the contracts process from days and weeks to hours, all
the data from those contract companies and all their contracts are in an easy-to-use
QuickBase, so reporting on the entire universe of these documents and parties
is incredibly easy.
Any company that executes a significant volume of contracts or other semi-standard
documents with other parties can benefit from this application.