How it Works
Ariba StartContracts makes contract management automation an option for all organizations. Delivered on a subscription basis via the Ariba Commerce Cloud, this low-cost, low-risk solution helps you improve the efficiency and effectiveness of your contract management processes without investing substantial time or resources.
In brief, here's how StartContracts works:
- Create a new contract. Just fill in the template fields in the contract workspace: hierarchical type (stand-alone, master, or sub-agreement), supplier, contract amount, commodity, regions, departments, dates, terms, and more. You can also copy content from a previous agreement.
- Review and approve. Workflow is automatically generated with new contract creation, and is managed directly from the contract workspace. Select reviewers and approvers to receive automated emails. You can even manage negotiations and counter proposals. Team members can approve directly in the system, or via email and hand-held devices.
- Publish approved contracts to the repository. Alerts and notifications about upcoming expirations, renewals, and tasks go out to stakeholders automatically, based on specified dates, terms, users, and other pre-defined parameters.
- Manage and search for contracts: Login to your dashboard and use grouping, sorting, and listing functionality to view and manage contracts. A myriad of search filters help you find contracts using keywords, titles, status, region, suppliers, commodity, owner, value, and much more.
- Use editable, out-of-the-box reports: Get exactly the information you need, such as number and type of active contracts by commodity, supplier, owner, outstanding task, and so on. Reports are easily reconfigurable, with extensive graphing and charting capability. You can also export results directly to an Excel spreadsheet, and use pre-built, boardroom-quality pivot tables and charts.
For more details, and to see the process in action, watch our demo.
