October 2009: ImageFast launch on-demand Contracts Management solution
ImageFast, a leading Technology Services Company that delivers customised information management solutions, today announced the launch of its on-demand Contracts Management application.
The online Contracts Management application allows organisations too quickly and easily setup a system to effectively manage their contracts, helping to reduce the risks and costs associated with contracts. The system allows organisations to centrally store all of their contracts, including scanning copies of paper contracts. These contracts are then managed informing users when actions, clauses or renewal of the contracts are required.
Darren Edwards, Managing Director of ImageFast commented "An estimated 80% of business to business transactions are underpinned by legally binding contracts and agreements. Many of these contracts contain clauses, terms, conditions, commitments and milestones that need to be tracked and managed over the contract's life cycle. Most organizations never actively manage their contracts during the agreement period, contracts are archived away in filing cabinets never to be reviewed again until a problem arises or the contract has expired."
Edwards continued "ImageFast on-demand Contract Management application enables an organization to be proactive in the management of its contracts, helping to maximize business benefits and minimize associated costs or risks associated with contracts"
For more information visit www.imagefastondemand.co.uk