ABOUT US - BPEX "We are the consultant in the field of Digital Processes. Our team combines many years of experience as consultants for system management tasks and developers of complex process automation tools. If you are interested in DOCM and need support in the area of contract management, we will be happy to assist you as consultants. With us, you receive the DOCM software solution as well as the service from a single source. This means that implementation is straightforward, and if you have any open questions, simply get in touch with us.

Contract management refers to all activities that deal with the development / design, administration, adaptation, processing and updating of all contracts of a company. The DOCM SharePoint solution supports the user in the activities and tasks defined above.

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.

With a DOCM organization overview, you can easily get a quick overview. You can also create a company overview according to other criteria such as country locations, etc.

The contractual framework is structured in individual, framework and consortium or project contracts. Individual contracts are concluded for a specific contract object; they can be concluded for a limited or unlimited period. An outline agreement is a scheduling agreement that defines the terms of delivery between the supplier and the customer. Consortium or project contracts are concluded for the realization of larger projects, usually construction or infrastructure measures.

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.