Digital Object and Contract Management

DOCM

DOCM stands for Digital Object & Contract Management. DOCM is a systematic, process-driven software solution for creating, processing, monitoring and evaluating contracts.



 
 

ADVANTAGES

Corporate contract management 
Every company department needs a different view of the data in a contract. A communication and collaboration platform can provide these different views of a contract management system centrally.

 

BENEFITS


Centralization of object and contract management with all contract-relevant digitalized information in a relational database creates the necessary transparency, enables compliance with legal obligations and thus forms the basis for your compliance processes.
 
DOCM Features
Video file

The Brexit shows how important company-wide property and contract management is for companies operating throughout Europe!

In an article on the ntv website of 12 June 2019 entitled: EU demands 44 billion euros, the author writes among other things: "In the view of the Brussels Commission, the European Union is now well prepared for the dreaded Brexit without a treaty. No further legal emergency measures would be needed before the now valid departure date of 31 October, the EU Commission explained. All member states are highly prepared for all scenarios". […]

Aus dem Content

Kostenermittlung

Contract costs

By subdividing the contract costs into "fixed costs" and "imputed costs" and "one-off costs", different payment models of the contracts, such as maintenance and purchase contracts, can be mapped.
Contract Value Evaluation Customers Suppliers

General overview of costs and revenues of the company

If you need a complete overview of the business data (costs and revenues) based on your customer and supplier relationships at a glance, you can achieve this with a mouse click. The following interactive graph enables you to quickly determine your current contractual fixed business relationships based on the contract values of the active contracts.
Kostenermittlung

Why invest money in a contract management system?

According to the Gartner Group, 60% of all supplier contracts automatically renew without the buyer's knowledge, mainly because the buyer fails to terminate the contract. Even more astonishing is the fact that 50% of the contracts are renewed several times without the buyer's knowledge (Forbes, Gardner group).

A laissez-faire attitude towards contract management can have serious financial consequences, as automatic contract renewals often involve more expensive terms and late terminations can lead to litigation and damage. Contracts are not documents to "sign and file", they are rather living documents that are subject to real events / changes.

Vertragsstrukturierung

Contract data

Individual contracts either stand alone or are created in the context of an existing outline agreement and assigned to the outline agreement. A comprehensive classification is available for entering individual contracts. .
Contract Value Evaluation Customers Suppliers

Do you have an overview of the revenue with your suppliers?

Do you need a quick overview of the current turnover with your suppliers? On the basis of a contract value evaluation / analysis over the specified contract period of the recorded individual contracts, the SharePoint solution DOCM allows you to provide this information at any time without large evaluations with a mouse click. 
Vertragsrisikoauswertung

Risk management

Contracts must be checked legally and technically as part of a company-wide contract management process. For this purpose, possible risks must be identified and evaluated in each phase of the contract life cycle.