Solution Drives Compliance, Completes Link to Contracts and Activity Based Agreements
Bridgewater, NJ – January 12, 2017 – iContracts, the leading provider of contract, compliance, and revenue management solutions for the cloud today announced the launch of its constraint based time tracking and approvals solution, ContractHOURS, to help companies ensure contractual commitments and compliance requirements are satisfied.
ContractHOURS is an easy to use, cloud-based, time management solution used to compare, track, and approve time against contractual obligations prospectively or retrospectively. The solution also features a dynamic workflow process to create and review timesheets as well as integration with iContracts’ Contract Management solution, Universal Contract Manager, to validate time and activities submitted against contract terms.
Highlights/Features
- No more manual processes. No more paper. Submit and approve time from a mobile phone, tablet, or desktop computer
- Automate timesheet submission and validation against contract commitments
- Create customizable workflow processes that meet your business needs
- Full audit trail and reporting to satisfy business and audit requirements
“iContract’s ContractHOURS, is much more than a time reporting system,” commented Leigh Powell, Chief Executive Officer of iContracts. “ContractHOURS actively monitors and compares activities governed by contracts and other agreements against internal/external submissions to ensure that reported time does not violate established constraints – all in real time. By automating the approval process, businesses can free personnel to focus on higher value activities while simultaneously insuring that time-based activities associated with contractual commitments are fully satisfied and compliance requirements insured. iContracts continues to demonstrate leadership in the delivery of exciting, transformational solutions that address real-world business needs.”
iContracts continuously improves their solutions and footprint with the release of customer-driven features as well as visionary new products. Industry specific configurations of ContractHOURS for Healthcare, Life Sciences, and Higher Education are available for general release immediately. To schedule a demonstration of ContractHOURS, please contact iContracts at sales@icontracts.com or register for a complimentary webinar to learn more.
iContracts’ solutions are available as an “on demand” service or as a behind-the-firewall offering and are built on iContracts’ revolutionary BCS platform featuring an advanced data architecture, rich functionality and Simplified Common User Interface (SCUI) enabling users to execute any process after learning just two basic page formats. This groundbreaking design drastically reduces implementation; training and future upgrade timeframes and costs.
About iContracts
iContracts’ comprehensive suite of fully integrated cloud-based solutions helps companies improve collaboration, expand visibility, reduce costs, stop revenue leakage and optimize performance. Powered by a Simplified Common User Interface (SCUI) that makes every user an “expert” by understanding a few core concepts. iContracts solutions are backed by the most highly evolved cloud-based architecture in the industry, built by technologists with extensive contract management experience. iContracts’ comprehensive suite of solutions revolutionize how organizations think about and manage all aspects of a company’s contract management process, transforming it from an unwieldy collection of spreadsheets, customer applications, filing cabinets, and scattered electronic directories to a powerful tool that aligns strategy with execution, while simultaneously insuring greater visibility into commitments and the ability of companies to support growing needs for regulatory reporting and audits. Our solutions are enterprise-class and can be quickly and easily integrated with any off-the-shelf or custom system to meet exacting business requirements without the army of consultants and endless fees associated with other products and providers.