You want to track the full lifecycle of your contracts?
Fluenta makes it all possible!
Fluenta Contract Lifecycle Management
The lifecycle of contracts doesn't end with their signing; on the contrary, that's when it truly begins!
Fluenta Contract Lifecycle Management provides a platform for managing contracts efficiently and transparently throughout their entire lifecycle: from signing to expiry or renewal. The module aids the everyday work of its users with budget monitoring, automatic deadline reminders, and connecting processes' approval chains to each contract.
The main benefits of using Fluenta Contract Lifecycle Management:
easier, transparent contract management,
more flexible project management,
more efficient contract monitoring,
supporting audit processes and compliance,
multi-level permission management,
different filtering options and parameters,
supporting public procurement processes,
Who do we recommend it to?
We recommend Fluenta Contract Lifecycle Management for any company that deals with a large number of contracts and connected documents, which they wish to manage and organize more efficiently.
With this module, manual, hardcopy-based tasks connected to managing your contracts can be easily replaced, while you may significantly decrease the risk of legal battles relating to contracts as well.
The Fluenta CLM module is particularly beneficial in sectors with higher legal and financial risks, for example healthcare, energetics, financial services, and the food industry.
The module can provide useful aid to your company, if:
you need to keep track of hundreds of different contracts per year,
your contracts tend to be complex and long-term,
instead of using general templates, you often draw up custom contracts,
your contracts are managed by several different organizational units and branches,
you have an extensive network of suppliers.
Why choose Fluenta Contract Lifecycle Management?
Track the lifecycle of your contracts
The module allows contracts to be managed easily and efficiently throughout their lifecycle with the help of different approval chains.
Easily restrict access with permissions
By setting up multi-level permission management, you can ensure that only authorized persons have access to digital contracts.
Don't miss important deadlines
The module monitors expiry dates, for which you can set automatic reminders.
Inspect contracts with ease
The module allows you to easily check contracts and quickly review their content.
Be up to speed with finances
With the CLM module, you can monitor different contract budgets and keep track of how many services have been requested from a given contract.
During the implementation phase, we will show you how to use our system in the most effective way for your organisation.
Want to know more?
What Our Customers Say
Don't take our word for it
“We have been using Fluenta successfully for years, and I was personally in charge of its implementation on behalf of our company. By the end of the implementation, the system was fully tailored to our company's needs, everything was designed according to our requests and schedule.”
Purchasing Director, BIS Hungary
“Prior to the introduction of Fluenta in 2015, we generally used different, ad hoc solutions that we wanted to improve in the long term. Using the Fluenta Auction and Sourcing modules to manage our processes in a secure, simple, traceable and auditable way has made our work much easier.”
dr. Balázs Lukovics
Debt Collection Advisor, OTP Bank
“We have been using Fluenta's Auction and Sourcing modules for years and we are very satisfied with them. We like the fact that the system is simple and quick to use and easy to learn for new colleagues.”
Senior Procurement Expert, E.ON
“With Fluenta, the lead times for our previously lengthy order processes have been reduced from 30-45 days to an average of 7-10 days, with some orders being fulfilled in as little as a day.”
Technical Director General, Eötvös Loránd University
More to know about Fluenta Lifecycle Management
How can you use the module?
The Fluenta Contract Lifecycle Management (CLM) module can be implemented in the following steps:➤ Identifying requirements: The first step is to identify your company's contract tracking and contract brokerage requirements and determine which features of the Fluenta CLM module will be most useful to you.➤ Data entry: Prior to the implementation of the Fluenta CLM module, the company has the possibility to upload the data of previous contracts that have already been concluded and are still in force in the system. The uploading of newly concluded contracts into the database allows the creation of a uniform and transparent contract tracking system.
When to use CLM?
➤ The use of the Fluenta CLM module can be particularly beneficial in sectors with higher legal and financial risks, such as healthcare, energy, financial services and the food industry.➤ The use of the Fluenta CLM module is also recommended for companies that do not currently have a standard contract tracking system or where contracts are managed and tracked manually, which can lead to higher costs and potential for errors.➤ Implementing a single CLM system can improve efficiency, reduce costs and minimize risks.
When is it not recommended to use the module?
➤ If you only have a small number of contracts (under 50).
➤ For small companies.
How do we do it?
How long does it take to implement a module? What happens in the implementation phase? Find out all from the following article!
Five-star customer support
We pride ourselves on the fact that our clients describe our support team's problem solving skills and kindness as extremely high-quality.