OpenSource, Inc.

The CFO office is sensitive to unique information and requirements, including the existence of sensitive clauses across related contracts and any special restrictions. The CFO must know any special certifications, customizations, services included, contract value committed or not committed, and the rights of cancellation for compliance and revenue recognition.

openSource Provides Transparency to CFO:

• Contracts Audit report (internal and third parties)
• Contracts with unusual requirement, liabilities, warranties, penalty or special terms and conditions
• Contracts with unusual RMA or service extended or unique support terms for revenue recognition report

With openSource, the CFO can receive automated notice on payment terms and gross margins, commission to sales and agents as well as expected orders received vs delivery time. In addition, the CFO can easily determine the probability of getting the deal vs the risk exposure and possible unusual requirements. By utilizing openSource, information about legal liabilities, term and conditions, penalties and warranties as required for reports and compliance, is always available to the CFO.

openSource Benefits to the CFO:

• Contracts values with commitment fields or right of cancellation
• Contracts with unique payment terms, gross margins or commission, low/high probability and in need of certifications
• Automatic alerts regarding amended language and terms as well as automatic notifications regarding contract events for renewal and expiration
• Consolidate contracts from a variety of formats into one knowledge-base using enhanced search capabilities and analysis-ready presentation with links to agreements