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. 

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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.

 

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