Contract Administration System
In all areas of the contract management process, the key objective is to avoid disputes between the parties. This is achieved by a combination of clarity of understanding of the contractual obligations and pro-active, smart administration.
Administration systems are established to properly capture all the requirements of the contract. Each and every obligation and deliverable is extracted from the contract documents.
The extracted data is then referenced and entered into :
- a user-friendly electronic database
- a hard copy filing system
This minimises the risk of overlooking contractual obligations and maximises the efficiency of document retrieval in the event of a dispute.
Numada is equipped to deal with all aspects of Dispute Resolution.