ContractTool is a contract management solution providing full contract lifecycle management functionality – including collaborative contract creation and negotiation, performance, compliance and risk management, amendment and renewal processing– in a package that is completely web-based with no plug-ins required.

ContractTool is based entirely on IBM technology, simplifying interoperability and integration with all other systems on a platform that provides significantly better performance and usability. The advanced design and extensive flexibility of the user-configurable interface enables rapid user adoption while robust security ensures information and functions are granted only to the appropriate people.

Advanced document hierarchy technologies simplify management of contracts across the enterprise while flexible role and organizational hierarchy based security ensures each user has access to the documents and functionality they need. ContractTool's wizard-like contract request function allows less sophisticated users to initiate complex contracting activities quickly and easily. Contract management functions, including event, compliance, performance, delivery tracking, assessment and management maximize the value of business agreements through the entire lifecycle.