Contract repository software is a centralized location for the storage of contracts. The following are the major features that should be present in contract repository software:
- A hierarchical access control feature that ensures only the people with the appropriate set of permissions can access critical contract data from the repository.
- Integration adaptors that link cloud contract repositories to your corporate data.
- Powerful search capabilities that allow users to search terms through the contract portfolio.
- Advanced analytics capable of transforming gathered contract data into meaningful insights.
- Document reader feature that allows users to view any form of document without switching systems.
