ContractTool delivers solutions also for sell-side operations enabling enterprises to create, store, edit and manage any type of contract and manage the associated commitments. The ContractTool Sell-Side Solution includes a contract drafting tool, a powerful transaction compliance engine allowing for full reconciliation and matching of actual transactions, ensuring full compliance to the terms in your agreements. In addition, ContractTool  provides complete commitment management of collections, deductions and incentives.

ContractTool  Sell-Side Solution will improve productivity, decrease Days Sales Outstanding, optimize pricing, improve customer satisfaction and increase profitability.

Quote - Improve profitability by developing a pricing strategy based on customer and market facts not guesses.

With ContractTool you can:

• Reduce quote-to-contract cycle times
• Enhance revenue, profit and market share
• Optimize product price at customer level
• Optimize contracting structures

Contract and Obligation Management - Improve productivity and contract consistency by automating the contract management lifecycle and improve your contractual relationships through collaboration.

With ContractTool you can:

• Increase revenue and reduce costs by alerting you to pending contract renewals and expirations
• Reduce time, cost and risk of legal exposure associated with contract inaccuracies and associated penalties
• Ensure adherence to sales and purchase approval processes
• Automate adherence to terms and conditions of contractual obligations
• Enforce a best practice approach to contract creation, while still
• delivering customized proposals to each customer

Collections - Industry's leading web-based collections solution for organizations looking to standardize and improve their credit and collections processes, be proactive in their collections strategies, and improve profitability. 

ContractTool allows you to:

• Improve business process efficiencies by automating manual activities
• Increase direct customer contact, leading to higher collection rates and lower overdue balances
• Identify, track and resolve disputes more quickly
• Integrate Sales, Shipping, Receiving and more into the dispute to resolution process to reduce the duration and effort around costly
• dispute handling
• Create pro-active communication channels with key customers, leading
• to improved retention
• Maximize the value of collectors time by focusing their efforts on the
• right accounts at the right time
• Generate root cause analysis collections reports that lead to improving business processes
• Provide dynamic analytical dashboard reporting for cash forecasting, collector workload management, and cash collections performance

Deductions - Effectively monitor, and control deductions claimed by customers for invoicing, billing, shipping, and payment discrepancies in a customizable, easy-to-use web interface.

ContractTool allows you to:

• Improve forecasting abilities with tracking of customer trends and habits
• Access, view and edit deductions information easily
• Reduce Days Deductions Outstanding with support claim processing throughout entire deduction lifecycle
• Improve customer service by not focusing on legitimate deductions
• Perform dynamic reporting so various departments can determine and resolve deductions root-causes

Incentives - Manage the adjudication of customer rebates and distributor chargebacks due under contract by modeling contract terms, processing data to determine pricing, and evaluating contract performance.

ContractTool allows you to:

• Create and manage flexible product structures that reduce the setup and maintenance of products on contracts
• Create and manage complex, multi-tiered performance agreements
• Share contractual direct and indirect contract pricing with order fulfillment systems and interested parties
• Accept and validate direct, indirect and utilization claim data against the contract and calculate accurate payments to appropriate partiesfor pricing scenarios