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Software to manage all types of contracts enterprise-wide 

• A central data warehouse consolidating all contract terms that were previously stored across multiple systems or in a hard copy
• More than simply document imaging - the system is relied upon to record, organize and track contract terms to support critical management processes, including compliance, performance management, penalty avoidance, risk exposure analysis and renewal process
• All contract types may be managed, including customer, vendor and supplier agreements
• Users define specific contract terms to be captured by the system
• Automatic notification by e-mail of pending critical dates / events
• Automatic generation of standard contracts and mass mailings
• Access scanned copies of original documents
• Access all contract data with ad-hoc queries and pre-configured reports
  
  

Why Quorum Contract Management?

• Confidence in being able to access a single, accurate, standardized repository for all contract terms across the enterprise
• Instant electronic secured access to contract terms by all authorized personnel across the enterprise
• Contract performance tracking and reporting
• Variety of alerts and notifications automatically triggered by events
• Automatically generate contract documents
• Automated mass mailings
• User-defined configurability - unlimited categorization and grouping
• Support for energy industry specific attributes and functions - no customization
• File and records management allow easy access to scanned documents in a secured network folder or document management application
• Integrity of design ensures control compliance and support for audit
• Support for variety of pre-configured and ad-hoc reports, as well as business intelligence
• Support for integration into other relevant systems including general ledger (GL)
• A component of Quorum's enterprise wide energy software solution portfolio - can be deployed stand-alone or integrated with other enterprise solutions