Educational institutes, including schools and universities, are made-up of various departments.
Top management authority requires maintaining the visibility of operations across the school or
university while allowing the individual department to operate autonomously. It is the same case
for non-profit organizations. They have dozens of contractors and service providers across
various industries. To streamline the workflow and increase the efficiency, contract scheduling
software is a need of time. Nowadays, contract management is not a trend but a sustainable
component for these non-profit organizations.
Why Non-Profits and School Districts Require Contract Management System?
By streamlining the organization and school work using the contract lifecycle and compliance
management solutions, the non-profits and school districts can get over with back-office worries.
Along with the Electronic Document Management system, these organizations can execute their
work properly.
It will help increase administration efficiency, as the Contract Management lifecycle helps right
from contract creation to approval to execute and expound the contract. So, the school districts
and non-profits looking forward to improving the American Education system can use the
OpenSourceCM platform. It is one of the best SaaS contract management solutions for school
districts and non-profits.
How Contract Management Proves Helpful For Non-Profits And School Districts?
Increases Operational Efficiency: With the latest tools provided by CLM companies,
the non-profits and school districts can schedule their essential events in the form of
notifications. Using OpenSourceCM, you can track the tasks and events that will save a
lot of time while catering to organizational obligations. You can also find the related
words or terms to their work in the contract database using INDEX clusters and OCR in
192 languages.
Provides Full Control to the Institutional Heads: The institutions have many terms and
conditions and legalities that cannot be edited or given for access to anyone. With this
contract management system, the users can put a cap on who can access the
organization’s contracts or edit them. A few staff members may not be abreast of the non-
profits clauses, so this system’s ownership remains in institutional heads’ hands.
Cost-Effective: While putting the contract management strategy and system in place,
the non-profits and school districts can fully transparent the resources and their
expenditure. This system provides an insight into higher price saving ideas too. To make
things easier for non-profits and strengthen the US Education System, the reputed
OpenSourceCM platform provides huge discounts and their premium CM solution free.
Adaptability: The advanced Contract Management system adapts easily with the
structure of the schools and the non-profits. Like, the latest opensourceCM provides SaaS
solutions to organizations. No matter how much the automated uploads, this CM solution
can handle the Gigabit bulk uploads too. Moreover, the whole IT resources required for
SaaS and Total Cost of Ownership for tech support are provided by OpenSourceCM
only.
The advanced contract management solutions give the users complete control over the storage,
template designing, puts all the contracts in place by providing a user-friendly operational
interface, and much more. As OpenSourceCM offers an advanced contract management system
at an economical cost to non-profits and school districts, it can significantly change their work
environment. For more details and insights, reach out to our experts and schedule the demo.
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API (application processes interface) uses to connect to company applications, added a secured Deal-Room/Data-room, bidding system, and allow external users to log in to their dedicated data-room.
Now the company can have (BI) Business Intelligence processes with Reports and AI (artificial Intelligence) integration for document analysis and data extraction processes.
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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 has the capacity 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 like office 365, BOX.COM, Salesforce, MS-Dynamics, NetSuite, OKTA, Dropbox, DocuSign to mention just a few.
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