About Contracts

The Contracts module brings all contracts together in one place. Benefits named are more overview of contract status, quicker approval, fewer purchases outside contracts, better monitoring of agreements and supplier performance, cost savings, risk management, and terminating or renewing on time.

The Contracts module is a powerful tool to manage all your contracts in one place.

The benefits of contract management include:

1. Greater overview of the status of contracts
2. Quick and easy contract approval
3. Reducing purchases outside of contracts
4. Monitoring contract agreements and improving supplier performance
5. Cost savings
6. Better risk management
7. Terminating or renewing contracts on time

Through these steps, you will learn to work with some basic functionalities of the Contracts module.