Intelligent contract and bid management
Contracts are negotiated individually and adhere to current laws. The relationship between individual agreement and legal norms is reflected in the text of the contract. In addition to model contracts, companies often have individual contractual clauses that are individually combined for each context. Generally, office systems are used for this purpose but inadequately support the requirements for efficient contract management. If contract text needs updating due to legal changes, it's usually done manually, which is not only time- and cost-intensive but also prone to mistakes. For exporting companies needing contracts translated, requirements are multiplied.
XML editing solutions by SCHEMA offer innovative support for contract and bid management, for creating and structuring texts, and for centralized management.
further information
SCHEMA ST4 is based on the concept of content and layout separation. Data and text are created and managed as standardized information modules, enabling them to be reused for new contracts. Hierarchical structures or dependencies between documents, contract text, and even individual clauses can be displayed. Changes are made systematically. The structure view allows the user to see which information units are linked and need updating. Functionality for versioning and variants management and the possibility of automatically updating data make SCHEMA ST4 a powerful tool for contract management.
Filters for translation management provide further efficiency: only text and content not yet translated into the respective target language is selected. Standard interfaces with translation management systems support automated processes and authors writing content for translation.
The media-independent data format XML lets content and contract text be output to various media. Workflow and reporting features, as well as interfaces to Microsoft Project, round out SCHEMA ST4's scope of functionality.
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