Contract Renewal Process Automation
Problem:
Solution:
- Handle renewal cycles in near-real time without intervention
- Retrieve relevant details from past contracts and calculate projections for the coming year
- Auto-generate renewal contracts that include all of the required documentation, legal, product information, and cover letters
- Log documents and interactionswith CRM systems, cloud data repositories, and EDM systems
- Notify managers when exceptions to pre-defined rules occur
- Keep a secure audit trail of all work
- Use workflow analytics to get insights across the process
