During the life of the contract, modifications to the terms and relationship are inevitable. Handle these requirements quickly and properly using Contract Logix‘ contract options and binders. Easily perform contract amendments, addendums, renewals and terminations with purpose-built tools. Accurately capture amendments with automatic contract numbering and versioning and access any version historically. Create addendums and SOW’s using master-sub or parent-child relationships. Generate renewal documents and store related documents in the system. Capture termination dates and documentation. Contract Logix gives you the tools needed for all of these actions.
Contract options not only lets you perform concise activities, but lets you maintain a holistic view of the contract record. That’s because we leverage a binder approach architecturally which is similar to offline contract folders. Really makes it simple to use but powerful to put to work for your organization.
Contract Logix will deliver holistic views of your contract amendments and renewals.