Contract Management

Wax Digital Contract Management delivers total control for any type of contract or business agreement, allowing businesses to automate the entire contract lifecycle from creation and storage to management of system and/or event generated alerts and notifications. Buyers and suppliers can collaborate on documents, leading to consistent, easy to reference documents that deliver complete visibility across the organisation.

Wax Digital Contract Management provides the foundation for fully automated supplier performance monitoring, and enables procurement professionals to identify and monitor any deviations to supplier contract terms.

Standard functionality within Wax Digital Contract Management include:

Highly intuitive user interface

Audited document authority and collaboration

Central document repository for all contract data

Store and manage multiple contract types (e.g. products, materials, services)

Store and manage supplier terms and conditions

Electronic document templates allow remote supplier data submission

Approve/reject/amend/hold facility for supplier-submitted data

Automated supplier performance management

Track and manage contract renewals

Automated alerts against key milestones and events

Powerful document and data search and select functions

Wax Digital Contract Management can be delivered as a stand-alone document management solution, or fully integrated with our web3 P2P modules to deliver total contract compliance and budgeting control.