Unrivaled Integration for Unrivaled Compliance
Ariba Contract Management delivers a comprehensive view of your contracting functions and relationships so that you can more effectively and efficiently manage the entire contract lifecycle — from contract creation to compliance management, across all agreement types. With Ariba, you can streamline your entire organization's contracting processes and optimize the use of contracting resources by:
- Gaining visibility into the entire contract lifecycle
It's the paper that blocks your view. It can be created in countless ways and filed in a myriad of places. But when you make the move to electronic contracts, every contract is housed in a centralized repository and retrieved on demand with powerful search tools. Integrated collaboration, negotiation, and execution tools keep you posted as the agreement takes shape and becomes finalized. And with expiration dates and other milestone events easily flagged, you'll stay alert to renewals and avoid supply chain interruptions. - Driving contract compliance
Ariba helps you drive compliance in three areas: operational, contractual, and regulatory. Standardized processes encourage all contract authors to follow the rules and get approval before modifying templates or clauses. Automated tracking and reporting enforce negotiated prices, terms and conditions, discounts, service level agreements, and time frames. A full audit trail aids in satisfying regulatory requirements. You can also integrate contract processes with other Ariba solutions or third-party systems to capture information that would alert you to off-contract activity. Check out Ariba Procurement Content to see how contract information can be integrated into your online catalogs. - Standardizing contract creation
Creating electronic contracts on a single integrated platform makes standardization possible. Automation helps all contract creators use pre-approved contract templates and legal clauses, and tight integration to Microsoft Word ensures that casual users can collaborate on agreements without learning new software. If anyone modifies format or language, the system issues alerts so all necessary stakeholders can be aware of non-standard agreements and take appropriate action. You can also automate negotiation and collaboration processes in many cases, further ensuring process standardization. - Shortening contracting cycles
Flexible infrastructure and process workflows facilitate collaborative contract authoring and negotiation. Standardized contract templates and clauses minimize bottlenecks, accelerating contract creation and legal approval. Internal stakeholders and trading partners collaborate easily via a multi-tenant, web-based platform. And, the system can be tightly integrated with DocuSign's complete and secure electronic signature capability, eliminating the time – and costs — associated with shipping and signing multiple paper copies of every contract. - Quickly deploying a solution on a tight budget
Many companies have had to scale back IT budgets and staffs. That makes Ariba's pay-as-you-go solution the smart choice for quick and sustainable contract management. No added hardware or software means you can be up-and-running in no time, realizing faster time-to-value and lower total cost of ownership. In addition, Ariba's global services team can assist with implementation, training, program design, contract conversion, and risk assessment to ensure rapid adoption and ongoing success. And because we maintain the software, you benefit from our innovations and upgrades right away.
No one else offers the single-platform integration capability that you get with Ariba's cloud-based solutions. Now you can integrate your contract management solution with other SaaS solutions for spend analysis, sourcing, procurement, supplier management, and more. Plus, you can engage with Ariba's industry-leading business commerce network, enabling you to manage all your trading relationships in one place: sharing best practices and collaborating with your partners and your peers.
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