The IT industry operates at a fast pace, but managing the complex web of contracts with vendors, clients, and various projects can quickly become a bottleneck.
Traditional paper-based contracting methods, decentralized storage, in-person negotiation, review, and contract execution create inefficiencies, delays, and potential compliance headaches.
With outdated contract management systems, chasing down approvals, scrambling to find misplaced documents, and constantly battling missed deadlines consume a large chunk of time. These traditional paper-based methods create a tangled web of inefficiencies that decrease efficiency.
Manual processes like drafting, routing, and approvals for IT contracts are time-consuming and prone to errors. Physical documents are susceptible to loss, theft, or unauthorized access, potentially compromising sensitive information. Manually managing complex IT contracts increases the risk of missing critical clauses or regulatory requirements.
Relying on manual deadline tracking can lead to missed renewals, expirations, and service level agreement (SLA) breaches, which can impact revenue and client relationships.
Disparate communication channels between internal teams, vendors, and clients lead to misunderstandings, delays, and contract rework. Managing multiple versions of contracts across different emails and folders creates confusion and increases the risk of using an outdated version.
SignDesk’s robust contract lifecycle management solution helps IT firms overcome these challenges and achieve improved visibility and efficiency in their contracting processes.
Software Licensing Agreements
Reduce negotiation time, avoid non-compliance penalties with timely renewals, and facilitate online review and approval workflows for software licensing agreements.
Vendor Contracts
Generate agreements instantly, automate workflows for approvals and eSignatures, and quickly onboard new vendors. Monitor performance with milestone and obligation tracking and ensure vendor compliance.
Project Management Contracts
Ensure clear communication and alignment on project scope, timelines, and deliverables with all parties involved, automate notifications for all stakeholders, and expedite contract execution with legally binding eSignatures.
Support & Maintenance Agreements
Set automated reminders for contract renewals to ensure uninterrupted services, identify potential issues proactively, and maintain a central repository for all maintenance and support agreements for easy access.
Template Library
Online Negotiations
Digital Repository
eStamping & eSignatures
MS Word Plug-In
Activity Logs
Contract Analytics
Audit Trails
