IRONCLAD REPORTING FEATURES
Get actionable contract data reporting
Contract reporting provides valuable insights into contract performance, risks, opportunities, and compliance. Track and monitor the status and effectiveness of contracts, identify trends, make informed decisions, and optimize contract management strategies.
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IRONCLAD DASHBOARD
Your contract tracking control center
Ironclad’s contract management dashboard lets you home in on the highest priority contracts and clear contract bottlenecks. Custom views let you stay on top of high volumes of contracts, so you never miss important contracting activity.
"We have to know what we're doing, we have to know what we said, we have to know where we can find it. We have to know how that negotiation evolved into a final contract, Ironclad does all of that for us."
Tom Sarakatsannis
General Counsel
L'Oréal
IRONCLAD INSIGHTS
Visualize contract processing
What types of contracts are open at each stage? How is contract work distributed among your team? Which locations or business units have a higher contract volume? Ironclad Insights provides the contract analytics you need to answer these questions and more, so your contracts can move as fast as your business.
"If one of our team members is out and a question comes up, we don’t have to dig through emails to answer it. We can look at the Ironclad activity feed to see exactly what’s going on with that contract."
Jennifer Hamdorf
Director, Contracts and Legal Operations
Ruffalo Noel Levitz
IRONCLAD TURN TRACKING
Unblock contracts with advanced reporting
Move contracts to close faster by knowing who needs to review the contract next. Ironclad’s industry-leading Turn Tracking provides unprecedented visibility into the contracting process, so you can unblock deals where they’re stuck.
"Ironclad makes cross-functional working easier, because everyone has transparency through the platform about where the contract process is at any given time."
Ken Hoang
Senior Contracts Manager
Intercom
Ironclad Dashboard
Daniel Michalek
Legal Operations Manager
Branch
Ironclad Insights gives us the data we need to make informed, impactful decisions based on contract data that was previously impossible to define.
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Contract Data Management FAQ
Contract data reporting is the process of collecting, analyzing, and presenting data related to contracts within an organization to gain insights into contract performance, risks, opportunities, and compliance.
Contract data reporting is important because it allows organizations to track and monitor the status and effectiveness of contracts, identify trends, make informed decisions, and optimize contract management strategies. It helps organizations understand their contractual relationships, assess supplier performance, negotiate better terms, and align contracts with business objectives.
Contract data reporting typically includes information such as contract terms, key dates, performance metrics, financial data, compliance requirements, and other relevant details specific to each contract.
Contract data can be collected through various means, including manual data entry, extraction from contract management systems or databases, integration with other business systems, and automation through artificial intelligence or machine learning technologies.
The benefits of contract data reporting include improved visibility into contract performance, better risk management, enhanced compliance, optimized supplier relationships, cost savings through better negotiation and resource allocation, and data-driven decision-making for contract-related strategies.
Contract data reporting improves contract management by providing insights into contract performance, enabling proactive identification of risks and issues, facilitating contract compliance monitoring, supporting strategic decision-making, and optimizing contract negotiation and renewal processes.
There are various contract management software solutions available that offer contract data reporting capabilities. These tools often provide features for data extraction, visualization, analytics, and reporting, helping organizations streamline the contract data reporting process.
The frequency of contract data reporting may vary depending on the organization’s needs and contract volume. It can be performed on a regular basis, such as monthly or quarterly, or as needed for specific analysis or reporting requirements.
Key stakeholders involved in contract data reporting may include contract managers, procurement teams, legal departments, finance and accounting personnel, executive management, and other relevant personnel responsible for contract oversight and decision-making.