Why Office 365 & SharePoint are Perfect for Contract Management ?
Are you still storing your business critical contracts in databases or shared drives ? This scattered and unorganized storage of contracts result in misplaced agreements, lost business opportunities, missed renewal dates, penalties and much more. Organizations with a poor Contract Management System lose 9.2% of revenue every year.
An efficient Contract Lifecycle Management (CLM) is vital for any organization to grow and succeed. It helps organizations save huge money in terms of efficiency gains, customer satisfaction, improved efficiency and much more.
Needless to say, leveraging Microsoft Office 365 and SharePoint for Contract Management offers countless benefits. The platforms offer unmatched capabilities when it comes to scalability, collaboration and security,
Implementing a Contract Management Software built on Office 365 and SharePoint offers good returns to businesses heavily invested in the Microsoft ecosystem. Dock's Contract Management Portal is one such solution. The platform is designed to leverage all the inherent capabilities of SharePoint and Office 365 to offer efficient and effective Contract Management. To know more, watch this video.
Advantages of Dock Contract Management Portal aka SharePoint and Office 365
Why invest in expensive and complex third-party Contract Management Software? All you need to do is a single login into your Office 365 environment.With Azure Active Directory single sign-on, users have profile based access to Office 365 applications. Thus, centralizing user account management and eliminating the need to manage multiple user accounts for various software.
Ensuring better contract visibility across an organization, Dock powered by SharePoint and Office 365 offers a centralized space to store and manage contract documents, milestones,different versions of a contract other important documents. Users can easily search for contracts using any device from anywhere at anytime.
Dock Contract Management Portal -Contract List
Around-the-clock availability and reliability
Owing to an unmatched 99.99% uptime, Office 365 is highly reliable. In the face of natural disasters or calamities, contracts and other important documents are always available with SharePoint backup and restore.
Co-Authoring, Internal & External Collaboration
Let your employees co-author the same contract document effortlessly irrespective of location, time or type of device using the familiar Microsoft Office interface. Not only can you collaborate with your internal team but also with external parties like vendors. Share documents through secure guest links. With Dock you can easily add vendors along with details like
- Vendor Name
- Type of service
- Contact Name
Dock Contract Management Portal -Vendors List
Leveraging Power BI, Dock provides a 360-degree view for users. Easily create, publish and share interactive reports across devices to meet a host of business needs. With incredible visualizations and multi-perspective view, derive critical business insights.
Dock Contract Management Portal -Reports
Features like multi-factor authentication, encrypted e-mail + data loss prevention,security audit trail ensure that SharePoint and Office 365 have the top-notch security system. Thus, making it the perfect platform to handle sensitive data like contracts.
Ready to know more ? Experience Dock 's Contract Management Portal
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Written by Sneha Gopal
She comes with 4 years of experience in content management and have worked with brands from the US and UK. An enthusiastic content crafter, she loves travelling and learning about new Microsoft Technologies.