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Datamatics FINATO
Contract Management

Intelligent Automation To Power Your Business
The Modular Approach to Contract Management

Datamatics Procure-to-Pay (P2P) Contract Management Platform ensures a seamless, end-to-end process from contract setup to ongoing maintenance, empowering businesses with a streamlined and efficient approach to contract management. The intelligent, secure, and configurable platform offers full control over the contract lifecycle, significantly minimizing risks while enhancing operational efficiency. Datamatics' team of technology and domain experts further assists in customizing and integrating the platform within existing business architectures, making it the preferred solution for effective contract lifecycle management across global organizations.


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Datamatics FINATO
Contract Management

Differentiators

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Intelligent Contract Setup

  •  Pre-approved clause libraries for fast, compliant contract creation.
  • Built-in compliance checks ensure policy alignment, and reduce risks
  • AI/ML auto data extraction, speeds up information organization
  • Document attachment support to enable transparency and visibility.
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 Simplified Reviews

  • Real-time contract access to Promotes collaborative contract development
  • Smart workflow routing enhances communication and minimizes delays
  • AI-based compliance checks ensure adherence to standards
  • Direct communication tools enable quick query resolution.
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Effortless Approvals

  • Digital signatures ensure secure, efficient approvals
  • Approvers can easily accept or reject changes
  • Version management simplifies contract comparison and management
  • A comprehensive audit trail ensures transparency and compliance
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Efficient Execution

  • Digital copies are instantly shared with stakeholders upon execution
  • Automated notifications ensure timely execution and compliance
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Comprehensive Maintenance

  • The platform facilitates ongoing contract management to meet evolving business needs
  • AI-Powered features help users identify and address contract issues proactively
  • Secure storage and archival ensure contracts are accessible and compliant
  • AI/ML tools track contract validity and alert key milestones
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Highly Configurable Platform

  • Real-time alerts to keep users informed of contract activities
  • Secure storage to ensure contracts are organized and easily retrievable
  • Role-based access controls to limit contract access to authorized users
  • Customizable platform adapts to specific business needs and workflows

Datamatics FINATO
Contract Management

Modules

Contract Setup

  • Includes pre-approved clause libraries and compliance checks for policy alignment
  • Offers AI/ML data extraction and document attachment for transparent contract initiation

Reviews

  • Enables real-time collaboration, smart workflow routing, and AI-driven compliance checks
  • Features tools for efficient query resolution by stakeholders 

Approvals

  • Supports digital signatures, easy approval/rejection of changes, and version management 
  • Maintains an audit trail to ensure compliance

Execution

  • Provides automated notifications and real-time communication of contract details
  • Ensures timely execution and adherence to compliance for all stakeholders

Maintenance

  • Manages amendments, terminations, and contract updates efficiently
  • Uses AI-powered tools for risk identification and proactive management

Datamatics FINATO
Procure-to-Pay

Benefits

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Alert & Notifications 

  Provides real-time alerts, ensuring that users stay informed about contract activities, upcoming renewals, and key milestones

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Complete Audit Trail

Maintains a transparent record of actions for full compliance and easy reference

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Secure Storage

 Contracts are stored securely, with an organized system that supports quick retrieval when needed

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User-Based Access Control

Provides secure access, allowing only authorized users to interact with contracts

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Highly Configurable

The platform offers flexibility for businesses to customize solutions based on their unique processes and requirements

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Frequently Asked Questions

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