Legal & Compliance

Contract Management for Corporate Legal, Compliance Departments and Law Firms

Minimize risk. Maximize productivity and control. OnBase available from IDT equips organizations across numerous industries to manage the contract lifecycle from request to approval, change requests and from expiration to renewal. With enterprise contract management software from IDT and OnBase, you can automate predictable steps and drive work forward more efficiently.

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Software Solutions

IDT’s contract management software solutions improve workflow processes, collaboration, increase visibility, and help to achieve compliance. Traditional paper-based contract management significantly slows down initial contract development, document creation, processing and greatly decreases visibility into contract revisions and status. Here's how IDT can help.

Contract Lifecycle Management

Automate approvals cycles, document routing, task assignment and any needed escalations while increasing visibility into any needed contract revisions and overall contract status.

Document Management & Compliance

Maintain and adhere to required corporate compliance mandates and easily prepare for any internal or external audits by digitizing and centralizing all required records.

Records Management & Document Retention

Minimize your organization’s legal risk by controlling the retention, any legal holds, and document destruction of your organization’s business records.

Maximize Productivity and Control over your Contract Management Process

IDT's Content Services and ECM solutions for Contract Management provide you with a single repository to store contracts and provide employees with instant access to the information they need. Once documents (such as legal agreements, real estate contracts, etc.) are managed securely and electronically, they are much easier to work with throughout the contract management system lifecycle.

Our Contract Management solutions can be integrated with ShareBase EFSS, DocuSign, and other third-party systems. Each edit is fully tracked and recorded, providing you with a full history of what was changed, when, and who did it. Completed contracts can then route through the proper approvals automatically and the appropriate approver can use a digital signature to execute the document.

Benefits of Enterprise Contract Management Software from IDT and OnBase

Streamline every step of the Contract Management Lifecycle

Accelerate contract cycle times, reduce operating costs, minimize time spent searching for information and manually routing documents as well as supporting content

Provide real-time insight into contract status and staff workloads, equipping organizations to identify business process improvement opportunities

Reduce the risk of missed expirations by proactively managing contract lifecycle milestones

Minimize delays with remote and mobile access to contracts, supporting documents, and approval tasks

Maximize existing investments by linking contracts to other lines of business systems or sources of truth

Resources

Video Series: How does OnBase support Contract Management?

OnBase from IDT provides a single, central location to store, track, route, collaborate, and take action on all documents, data, and tasks in the contract lifecycle. This gives legal and compliance departments complete visibility into the contract management process and lifecycle, from a history of interactions with data to a clear view of current work, upcoming obligations, and any expirations.

With ShareBase from IDT and Hyland, you can easily and securely share contract versions, specifications, terms, and agreements with vendors, legal parties, and others helping speed the process along – safely and securely. The natural interaction between ShareBase and OnBase allows you to share relevant files automatically as part of the contract management solution, regardless of whether recipients have access to OnBase.

Watch the multi-part video series:

> IDT's Contract Management Solutions featuring OnBase by Hyland

5 Ways to Transform your Contract Management Proccess

As a critical business function that touches nearly the entire organization, contract management can be costly when businesses underestimate its importance. Once equipped with a proven Enterprise Content Management (ECM) solution, organizations better manage their contract creation and modification processes by increasing visibility from start to finish. Read on the e-book and gain insight into the five key ways to transform your organization’s Contract Management process with ECM.

Download and read:

> IDT | OnBase | Contract Management

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BRYAN SWARTZ, SENIOR VICE PRESIDENT OF AUDIENCE OPERATIONS

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SEAN HANSEN, DIRECTOR FINANCIAL PLANNING & ANALYSIS

TEXTRON MARINE & LAND SYSTEMS

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MARCIA WILSON, VICE PRESIDENT OF IMAGING

COLONIAL SAVINGS

"Moving is very paper-intensive and our agents don’t get paid until the paperwork is processed. Expanding our document capture system with IDT allowed us to speed up agent payment, eliminate shipping costs, reduce central processing, and help increase agent loyalty and recruitment. It is a completely automated process and really gives us a leg up on our competitors."

RANDY VALENTINO, VP AND CTO

BEKINS VAN LINES

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