Uncover opportunities
Mitigate financial risks
Improve cash flow
Zoho Contracts empowers finance teams to make imperative contributions at key contract stages. With improved visibility and control, businesses achieve better risk management, reduced costs, and faster revenue recognition.
Risk-proof your contracts with approval workflows
Admins in Zoho Contracts can set up automated approval workflows for each contract type. Becoming part of the approval cycle opens up an opportunity for finance teams to review each contract, mitigate risks, and capitalize on opportunities to improve cash flow. The approval workflows also apply to amendment and renewal letters, allowing involved stakeholders to stay aware of changes to elements like payment or pricing terms.
Prevent revenue leakage from unfulfilled obligations
Never miss an obligation or payment with the comprehensive obligation module in Zoho Contracts. The module helps teams extract obligations at the individual-contract level, assign them to stakeholders, and track progress. Effective obligation management mitigates penalties for unfulfilled obligations and can ensure you realize the actual value promised in each contract.
Achieve better visibility over contracts with a central repository
Zoho Contracts features a central repository that stores all your contracts in one place. It prevents unauthorized access while improving visibility of complete contract details. Advanced filtering and search options allow finance teams to quickly access critical contract information whenever needed.
Stay ahead of upcoming contract renewals with automated alerts
Never miss out on contract renewal and revenue opportunities with in-app notifications and email alerts. Automated alerts in Zoho Contracts help finance teams stay on top of all contract changes, renewals, and terminations.
Drive better negotiations and maximize value realized
With options to view negotiation history and compare contract versions, Zoho Contracts enables CFOs to analyze the contract terms and help their organizations avoid terms that expose them to risk during negotiations. They can also advise on terms that help minimize costs and improve cash flow.
Accelerate contract authoring with effective collaboration
With the collaboration capabilities in Zoho Contracts, finance teams can participate in contract authoring. They can make changes to the contract document by quickly adding and removing clause languages from the Zoho Contracts standard clause library. A repository of pre-approved clause languages enables anyone from finance to co-author contracts while ensuring language consistency and reducing legal dependency.
Keep up with regulatory changes through clause-based reports
With over 35 downloadable and printable reports, Zoho Contracts offers in-depth insights across various aspects of the contract management cycle. In accounting and finance, where new tax laws and regulations crop up often, clause-based reports enable finance teams to quickly find all contracts with a specific clause. They can then conduct an impact study and amend the clauses if and when required.
