Only about a third of organisations currently have a central contract repository which allows them to search for contract information by name. Even fewer are able to locate contracts by category or attribute.
In these organisations, contract information such as pricing, maintenance charges, purchase orders and other relevant financial data, is located in various systems e.g. filing cabinets, PC hard drives, accounting packages etc.
This separation of linked contract information makes it difficult to maximise contract usage and produce comprehensive management reports on spend.
With Framework you can scan appropriate documents and store all the important contract details in one easy to view central repository enabling the easy location of all contract information, for any given project, at the touch of a button.