Contracts

Introducing Felix Contracts

Gone are the days of having contracts stored in a web of emails, shared drives and desktops, making important files difficult to track and access, and important dates easily missed.

Centrally store agreements and supporting documents within Felix, providing one source of truth for you to manage contracts – both overall, and at a vendor-specific level.

Felix goes beyond your traditional contract repository solution, offering the ability to summarise contracts, and set key dates and reminders to ensure that costly deadlines aren’t missed. With an option to export reports for further analysis in business intelligence tools, Contracts communicates with other Felix modules for an easy, seamless experience to help manage your vendors, tenders and supporting agreements.

A centralised repository for contracts and supporting documentation

Centrally store contracts and related documents, allowing for important information to always be easily located and in reach.

Store contracts, executed agreements and other supporting documentation within Felix, ensuring all required information is in one place
Use filters and search functionality to easily find contracts stored within Felix
Export contract reports and load into Business Intelligence tools to get more oversight on all contracts within an organisation

Understand your contracts at a glance

Contracts can be lengthy. Summarise important information into one view, including supporting documentation, so you can quickly understand the finer details and promptly plan ahead.

Highlight key contract information to guide actions
Establish summaries using custom dropdowns to avoid mistyped data
Edit contract fields as required
Assign contract ownership

Track key dates and add reminders

Delivering on contracts post-execution requires a timely focus of deliverables, notices and other tasks. Bring key dates such as contract renewals and extensions to life and connect reminders for teams to take action.

Don’t miss critical dates or deadlines that could end up costing your organisation money
Keep track of key dates in one summary view
Stay on top of deliverables by setting email reminders for your team

Use alongside other Felix modules for ultimate organisational value

Vendor Management + Contracts:
Have contract information centralised within a vendor’s profile. See the number of executed contracts, the status of each contract and access contract details all within a vendor profile.

Vendor Management + Sourcing + Contracts:
In addition to the above, link contracts directly to projects for a better view of what agreements support the tender process.