Make better decisions, manage contract life cycle process easily with easy-to-use interface.
Alchemus helps to create and maintain Master service Agreement (Purchase Order) details such as Terms and Conditions, billing frequencies, overtime and expense rules and guidelines for each client that agrees to do business with the staffing/recruiting company. Each employee’s pay and billing information is recorded on a Work Order (Statement of Work). Depending on the terms of agreement with each client, the work order can be amended or revised to add other candidates, change rates or duration dates for contract services. Alchemus helps you to track and manage contracts. Alchemus allows being proactive in contracts renewals and helps your streamline your business process. Approvals and workflow can be customized as per your organization needs.
Automate contracts to improve operational efficiency and gain power to influence business performance
Contract Approval Workflow Engine is administrator- and system-definable, flexible, intuitive and highly structured. It helps you control approval processes with configurable timelines, user or department defined tasks, and a simple, readable structure for streamlined results and improve practices.
- Improve operational efficiencies and control with the easy to use workflow engine
- Generate workflows from Companies, Contracts, and Projects
- Send approvals to one or many internal and externals people simultaneously or in a sequence
- Track progression in real-time via dashboards and configurable reports
- Ensure momentum and timeliness of the contracting process
Benefits of Contract Management:
-
Creates and tracks customer contracts.
-
Provides accurate tracking of purchase order information such as expenditures , cost , revenues etc.
-
Reduces repetitive data entry.
-
Reduces administration time and effort.
-
Provide analytical data from history.
-
Identifies trouble spots early.
-
Provides ability to manage budgets as well as customer relations.
-
Provides a faster and more streamlined approval process.
-
Provides back-office visibility into customer relationships.
