Benefits of Loading Contracts

• Easily manage contracts throughout it’s lifecycle
• Search and report on contract information
• Boost collaboration and visibility across the campuses
• Audit Trail: capture any changes made to a contract (e.g. modifications, amendments, etc.)
• Inform campus stakeholders of key information related to a contract
• House all pertinent information in a central location

Risks of Not Loading Contracts

• Contracts are lost as employees transition
• Unable to search for contracts by key attributes
• No automatic notifications on contracts nearing expiration or expired
• Unable to see an aggregate/holistic view of all contracts
• Failure to meet 2017 State Auditor’s charge (UC-only)
• Conflicting and competing clauses
  • This is the most commonly litigated contract disputes