Frequently Asked Questions

It is important to manage your contracts because contract documents contain milestones, terms and obligations that need to be properly tracked and managed if your company is to realize the potential cost savings, avoided penalties or enhanced commercial opportunities that were negotiated and agreed to when the contracts were signed.

For many organizations, the contracting process is also largely manual, inefficient with little contract document management. Contract management software solutions help to automate your contracting processes and to bring a greater degree of control and accountability in to what your organization has committed to.

A good and common question, since many contract professionals who realize that they have problems keeping track of contracted milestones and commitments, will often record key contract data in a spreadsheet.

The problem is two-fold: firstly, spreadsheets tend to be owned by individuals or small workgroups and are therefore not easy to share on an enterprise level. This means that colleagues in other business functions may not be aware that they may be responsible for key contract deliverables. Secondly, spreadsheets by their nature only capture structured data (like dates, locations, values, currencies, etc.). Contracts on the other hand, often include many unstructured obligations and commitments that still need to be managed.

This is a question that we get asked all the time. It is one thing to implement a contract management software solution to automate your contract authoring and contract compliance process, but what do you do about the untold number of paper and/or electronic contracts that have already been signed and are stored in a different formats and locations around your organization?

To address this issue and to make the task of migrating legacy contract documents and data to Dolphin Contract Manager as easy as possible, Dolphin Software has designed an advanced artificial intelligence-based solution called Dolphin AutoCapture that will index/OCR paper contracts, automatically detect key contract milestone data and upload legacy contracts and data in to the Dolphin Contract Manager system – all at a fraction of the cost and time of doing this work manually.

Microsoft SharePoint is now the world’s most widely used platform for intra-company communication (if you ask your IT department, they may tell you that your company Intranet is based on the SharePoint platform), document management and electronic workspaces.

Dolphin Software has developed unique functionality on top of the Microsoft SharePoint platform to bring you a world-class contract management software solution on a technology platform that is widely used and intuitive for business users, while exploiting existing investments in the Microsoft platform.

Dolphin Contract Manager is available for the Microsoft Office SharePoint Server (MOSS) 2007 and SharePoint 2010 platforms – standard editions.

Well, they can … but it would be hard for them to match our experience (we are, after all, contract management specialists) and the 5,650 man-hours that have been invested to date in developing a world-class contract management software solution at the most competitive price in the market.

If you or your IT department are looking at a buy vs. build model, please contact us (contact us
link – email to sales@dolphin-software.com ) and we will be happy to provide you with market-tested data that demonstrates why it is more economical and effective to purchase an off-the-shelf solution.