TractManager users have benefited from our contract management solution in a multitude of ways. Whether an internal auditing department is accessing a database to compare payments to the terms of contracts, a risk management department is monitoring vendors' certificates of insurance, or a legal department is using the system to monitor contract compliance, TractManager delivers value to all areas of operation.

Next to labor costs, contractual obligations are a healthcare organization's largest expense. Healthcare organizations that lack control over their contracts and other documents used in the operation of their business often make payments on expired contracts, incur late fees, and miss opportunities to renegotiate/terminate service contracts, or act on equipment lease buyouts.

 Total Enterprise Coordination
TractManager delivers a broad set of service solutions that complements our suite of contract management software. Our consultants will work with you to select the right blend of integrated contract management offerings that will be the precise fit for your organization's unique needs.

Regain Control of Your Contracts
The TractManager solution is a complete turnkey solution for our clients. We provide all the labor necessary to scan, build, maintain and update your organization's contract files. A patented process is used to build the customized and centralized contract and document database.

The solution is accessible via a secure online connection, enabling your organization to simultaneously share one source of information across thousands of employees in various departments and sites. The extensive levels of user security make database information accessible only to those employees who have permission to view specific contract files.

Applications/Uses for TractManager include:

	Direct and secure access to all scanned documents
	Alerts (via e-mail) to responsible parties of critical contract dates and contract expiration
	Opportunities to renegotiate or terminate contracts with automatic renewal provisions
	Prevent payments on expired contracts
	Streamline purchasing and service contracts
	A mechanism to track terms of agreements and leases
	Monitor warranty requirements and maintenance schedules
	Track Certificates of Insurance and minimize risk of loss
	Act on equipment lease buyouts
	Reduce audit fees by efficiently providing documentation
	Contract compliance monitoring
	A reporting tool for critical contract data
	A means to initiate and track contract negotiation and approval processes through Workflow Manager

Learn about the TractManager® Solution and Patented Process