Contract obligations can be complex and time consuming to manage. Manually reviewing and tracking obligations is cumbersome, yet critical for compliance.
Cube streamlines oversight and fulfillment quickly and precisely, with its robust workflows, task management capabilities and detailed reporting that leverage intelligence into traceable actions that boost performance and compliance, reduce risk and maximize the value of your investment. And Cube’s real-time alerts indicate when deadlines or other obligations are due.
- Improve compliance: By continually monitoring your contractual obligations, Cube helps you minimize costly penalties associated with missed deadlines or obligations.
- Increase productivity: Automation speeds the obligations management process, freeing your staff to focus on other business growth opportunities.
- Reduce risk: By automating obligation tracking and management, you’ll gain a better understanding of the potential risks associated with your contract obligations.
- Increase productivity: By automating the contract management and review process, Cube takes you from request to draft to final approval with less effort, a smarter approach for handling all phases of the contract lifecycle.
- Reduce risk: Cube’s contract intelligence approach to contract management ensures deadlines and obligations are met, quality control assurance that improves compliance and mitigates risk.
- Maximize value: With Cube’s AI-powered contract intelligence platform, you can identify and pursue hidden opportunities in contracts, increasing ROI.
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You’ll manage vendor contract quickly and more precisely, tapping Cube’s automated obligation management as you achieve efficiencies and performance boosts:
Vendor and ContractConsolidation
Trim your procurement budget by up to 15%, with fewer contracts and vendors to manage. The resulting contracts receive a volume boost, qualifying them for volume level discounts.
Renegotiation of Auto-RenewContracts
By providing contract managers with advanced notice of contract expiration dates, you can proactively renegotiate terms and pricing, especially useful for auto-renewal contracts.
Eliminate penalties and late-payment fees
Embedded contract metadata are automatically integrated into your accounts payable system, triggering automated, on-time payments that eliminate late payment fees.
