Approval process is an important part of opensourceCM application. Approval processes are the foundation of organized workflows and work processes that ensure that contracts reach their milestones, and pass them. In virtually every business scenario, ranging from procurement to contract termination, a pending approval can hold back an entire process and is, unfortunately, so often the norm.
Imagine having an automated process which monitors and reports on the approval status of every contract in your organization. The opensourceCM approval process bridges the gaps between an organization's departments, and personal, to ensure the timely execution of key tasks in a contract's life-cycle.
Much like any other feature on our contract management platform, this one is fully customizable also. Administrators can create as many contract approval templates as they need, and populate their corresponding forms with drop-down menus laden with options taken directly from organization's database. In other words, the contract administrators need only select the correct options when deploying an approval process, thus ensuring standardized reporting data.
The actual process of populating a chosen template is also very straight forward, and leaves very little room for imagination. The optional descriptions available for each signature required are not show stoppers, but serve to offer more information to those receiving automatic reminders regarding upcoming tasks.
The opensourceCM SaaS based solution provides a (single sign on) and encrypted secured access. If you need a Negotiation Deal-Rooms and Users Data-Rooms (internal / External) or Flexible Bidding System with Advance Q&A and API (Application Processes Interface) Library with office365, BOX.COM, SalesForce, MS-Dynamics, NetSuite, OKTA, QuickBooks, Zoho CRM, Dropbox, DocuSign to mention just a few.
opensourceCM is a cloud-based SaaS (software-as-a-service) solution. When uploading a text or MS Excel document the application performs OCR, indexing and then recreates each document as an HTML document allowing easy document comparisons (e.g., between MS Word and scanned PDF docs). It also provides the ability to find words, values, phrases, terms of art or specific legal language within documents that are hyperlinked to the actual highlighted location in each document. This can be accomplished across document data sets that may comprise tens of thousands of documents.
Furthermore, opensourceCM provides a contract authoring workflow, calendar and notifications workflow, support SSO (single sign on) and encrypted secured access. The application offers the ability to simply create Negotiation Deal-Rooms and Users Data-Rooms (internal/External) or Flexible Bidding System with Advance Q&A. We offer an API (Application Processes Interface) Library with office365, BOX.COM, SalesForce, MS-Dynamics, NetSuite, OKTA, Dropbox, DocuSign to mention just a few.