Once upon a time huge offices were filled with people who spent their days creating, updating, and processing agreements and contracts. A manager or sales rep would give them all agreements, terms, and conditions. They would spend hours, even days organizing the required information, and then send the completed agreement or contract back to the manager or rep. That fairy tale is long gone. Today, companies need to work lean and mean to stay profitable, which means they need automation tools that sharply reduce time spent creating, changing, and updating agreements and contracts.
Contracts and agreements are often complex and require more than lining up information. Many elements are dynamic and depend on customer need, financial circumstances, timelines, regulations, and variables. For service level agreements, diverse parameters can influence service fees, such as response time, level of importance, customer type, and the actual product or service. If a legally binding contract or agreement overlooks even a minor element, the consequences can be huge. Checks and balances are a must-have to ensure accuracy.
e-Con handles all calculations and includes or embeds all elements for agreements and contracts, whether the process involves straightforward or rules-based automation. Content is always accurate the first time; our rules engine eliminates risk for incorrect or missed elements. e-Con also offers the ability to include or exclude dynamic specs, text blocks, and more.
Your sales rep can generate agreements and contracts on the fly by simply filling out a questionnaire that defines all parameters and elements. Within minutes, they can present an agreement/contract to customers that contains all required information, ready to sign.
When you equip employees to create contracts and agreements using a streamlined process, you’ll save significant time and reduce waste. e-Con ensures that the process is both efficient and flawless. Alerts and prompts prevent users from entering terms and conditions that don’t match rules and restrictions you set. Your front office can handle all work start-to-finish. You’ll have a lean back office that can “manage by exception,” focusing only on tasks that can’t be automated.
e-Con can turn the old fairy tale into a real-time success story, with less time and fewer resources needed to create error-free agreements and contracts. Just as important, you’ll convey a professional, reliable image with a tool that automates the entire process and works on any device, from any location.