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High Level Features
ManagementFlow-LITE standard features:
* Creation of a library of contract templates.
* Contract document authoring and collaboration.
* Contract header information management (meta-data about the contract).
* Contract detail information management (definition of the goods/services being procured or sold).
* Attach documents as part of the contract body or as supporting material.
* Notification and Event Management.
* Full security features of an enterprise-class solution (definition of User Roles and the assignment of security access to specific segments of company related data).
* Workflow, business rules, and approvals management.
* Standard Reporting (several pre-built contract related reports).
* Amendment and Change Order processing.
ManagementFlow-LITE optional features:
* Risk management mechanism to identify, evaluate, track and manage risk events, drivers, and impacts.
* Contract request processing using a ‘wizard-like’ tool to initiate the contract creation process.
* Budgeting to manage the actual spend/revenue versus the budgeted expectation of the contract.
* Financial processing (ability to display Payables/Receivables data that have been extracted from a Financial system or those entered through Billing and the ability to define payment Holdbacks).
* Location and stakeholder management.
* Performance and compliance management.
* Ad-hoc reporting tool to create reports on the fly from predefined subject areas.
* User Defined Fields (UDFs) to dynamically add fields of information onto a contract or supplier record.
* Document sharing in MS Word for seamless importing and exporting of contract documents.
* E-Forms to collect and store data related to a contract or the contract process.
* The optional Forms module provides flexible, configurable forms for gathering and incorporating key contract (e.g., pricing, rebates, deals, royalties, etc.) or RFX (e.g., bid data) related information with the ability to perform simple to complex calculations within the form itself.
* OLAP reporting (Data Cubes) – allows users to drill-down and perform trend analysis, forecasting key performance indicator compliance, actual versus forecast tracking, audit compliance, quality assurance, performance monitoring, and other valuable analysis.
* Supplier/Customer Management including a view to performance related items.
* Attached document search – search for keywords in attached documents of almost any format.
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