komtrakt

Automated, Intelligent

Contract Software

Mitigating contracts risk by streamlining the portfolio

with efficient workflows and smart, real-time reporting.

What is Komtrakt ?

Komtrakt is a contract management tool. It is designed with a simple user interface and is built with fully automated features, making contracts more simple and easy to use. We understand your pain points while doing contracts, we know how important contracts are, they are the lifeblood of every organization. That is why, you not only need to manage them, but have absolute control over them. With Komtrakt you can manage contracts online as well as offline. It is entirely structured and completely risk free.

Pain Points of the User

Q

Non-adherence with company policy due to non-standard processes

Missing deadlines for renewals, tasks & obligations

q

No access control and security over confidential documents

Non-adherence of approval mechanism

s

No centralized repository leading to difficulty in tracking & retrieving docs

Avoidable friction in closing contracts

Why our product is the right solution?

A

Simple, fast set-up

Efficient management of end-to-end contract lifecycle

Granular reports & detailed analytics

Enables mitigation of contracts risk across organisation

Key Features

Contract Repository

Online hierarchy – based contract repository or archive

Version control and Tracking

Allows to track Key Vendor, Customer and Contract Information
s

Get Notifications

Advanced E-mail Alerts, Calendar Alerts & Workflow Tasks

Obligation Tracking

Review System

Simultaneous reviews by multiple persons
l

Contract creation and Amendment

Different type of contracts like Service, Procurement, Lease, NDAs
d

Auto Archiving

Ability to set the period for retention of different types of documents

Reporting & Ease of Access

Track the status of all contracts – Contract Lists, Expiring Contracts and Analysis Reports

Work on contracts offline and online

U

Search Module

Search any text from contract documents

Why do you need a Contract Management Tool

Centralized storage of contractual documents

Reduce the time spent during pre-execution stage

f

Easily track milestones, obligations & other commitments

Minimize risk through effective contract governance