AccuDraft Launches New, State-of-the-Art Contract Reporting Solution

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Advanced Reporting and Analysis Capabilities Improve the Effectiveness of Mission-Critical Contract Management Processes

This puts them at tremendous risk of missing important renewal dates, failing to properly comply with contract terms, and other issues that can negatively impact their business relationships.

AccuDraft , a leading provider of fully-automated, rules-based contract lifecycle management (CLM) solutions, today introduced a powerful new reporting environment that further extends and enhances its DocsEngine offering. This robust, feature-rich application dramatically improves the efficiency and effectiveness of contract maintenance and management by giving DocsEngine Portal users the ability to easily track, monitor, and report on any piece of information contained within their contracts and other business documents.

DocsEngine Portal's new reporting functionality provides all the features needed to enable legal staff and other enterprise deal-makers to review and analyze vital contract data. Its broad capabilities, combined with an easy-to-use Web-based interface, allow users to easily keep on top of mission-critical contract terms and verbiage. As a result, they can better assess and understand exposure and liability across all agreements, rapidly identify and leverage new opportunities, and uncover those patterns and trends that will help them make better decisions regarding partnerships with customers, suppliers, and vendors.

Key DocsEngine reporting features include:

  • The ability to create reports based on any data within any contract or group of contracts.
  • Complete customization of all report features, including columns, sort orders, filters, and groupings.
  • The option to save reports, and re-run them with refreshed data at pre-defined intervals.

And, as with all AccuDraft solutions, the new DocsEngine reporting environment is a 100% fully-hosted Web-based application. This approach minimizes technical complexity, eliminates the hassle associated with software and hardware installation and maintenance, and accelerates return on investment.

"Truly effective contract management requires close monitoring of all terms, stipulations, provisions, and other critical document components," said Daniel Sheehan, AccuDraft's Executive Vice President of Sales. "Our new reporting solution adds significant value to DocsEngine by enabling our clients to analyze and maintain their contracts more effectively than ever before."

"Without the ability to dynamically report on and track key elements of their agreements, companies will have to rely on time-consuming, error-prone processes," Sheehan added. "This puts them at tremendous risk of missing important renewal dates, failing to properly comply with contract terms, and other issues that can negatively impact their business relationships."

DocsEngine's reporting capabilities are currently available to both new and existing clients. Future enhancements are currently in development, and include advanced report design options such as charts, graphs, and cross-tabs.

About AccuDraft
AccuDraft is a leading provider of Web-based Contract Lifecycle Management solutions built on unique, leading-edge rules-based capabilities. Since 1992, AccuDraft solutions have helped hundreds of clients - from small organizations to Fortune 500 companies - increase efficiency and reduce costs and risk by transforming the way they create, track, and manage their most critical business documents. For more information on AccuDraft and its solutions, visit http://www.accudraft.com .

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Daniel Sheehan
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