ISG GovernX® - Contract Lifecycle
What is best-in-class contract management?
You depend on a complex environment of third-party contracts, from sweeping multi-service agreements to renewable software licenses. To get the most out of those contracts – and to make sure you get what you pay for – you must manage them
carefully throughout their lifecycle – from contracting to renewal. But doing it right can be tedious and expensive.
ISG GovernX® simplifies contract compliance by offering a single web-based interface for cognitive data extraction, alerts, workflows and intelligent dashboards along with an industry-leading knowledge base and document repository. Quickly scale from one to many contracts so you can proactively manage relationships, commitments and accountability.
What is contract management in procurement?
From onboarding to exiting of suppliers, and from assessing to monitoring and mitigating risks, ISG GovernX® gives you what you need to effectively negotiate and manage contracts. Administer contract build, change, renewal, termination workflow and document/metadata storage to assure supplier compliance. All of this power comes with mobility-enabled and seamless integration with enterprise communication channels (including email, Dropbox, etc.).
ISG GovernX® brings together the power of contract management experts, AI, analytics, industry-leading business practices and automation to help you manage your supplier and contract lifecycle and realize the full potential of each contract.