Simplify and digitize contract reviews
Contractually agreed upon standards or performance criteria are part of many business relationships and serve a fundamental purpose in shaping the collaboration. The payment of rewards or bonuses is also often a contractual basis. Therefore, these contractual criteria are regularly checked for compliance. The ex:plore audit software is an ideal tool for checking the content of contracts.
The software solution allows you to conduct your contract audit completely digitally. Transparent presentation of the results, complete documentation and audit-proof validation are top priorities.
Guidelines, corporate goals or cooperation agreements can be audited efficiently with ex:plore. We would be happy to show you all the intelligent features. Test the ex:plore demo in an online appointment with our experts.
The advantages of contract reviews with ex:plore
Time saving
Easy-to-use, all-digital processes help you efficiently review your contract content. You save time and money.
Clear and concise
One-click transparency: Access customizable dashboards in real time and measure custom metrics.
Automated
You can continuously improve your business success through follow-up actions and intelligent automation in your internal system environment.
5 reasons to review contracts with ex:plore
01
Flexible review of contract content and criteria
You decide how your contract audit will look like and which contents will be checked. ex:plore has a user-friendly questionnaire editor. It allows you to easily define which criteria should be queried and checked in just a few steps. With its own scoring engine, the answers to your audit questions are linked to an individual scoring system. The result is automatically evaluated and assigned to a performance level.
02
Present results in easy-to-read dashboards
You can customize all the metrics collected during the contract review process. The results are then displayed in real-time on easy-to-read dashboards. This means you always have a live overview of the most important KPIs. Of course, these dashboards can also be used to generate printable reports for all parties involved.
03
Recommended actions for continuous improvement
If the review of your contracts reveals that a standard has not been met or a threshold has not been reached, ex:plore helps you to initiate follow-up actions. For example, if you define an audit question as a KO criterion for your contract review, automatic processes can be initiated as soon as the criterion is met.
04
Integration with internal scoring systems and APIs
ex:plore can interact with many other software programs via interfaces. There are almost no limits to automation. The automatic notification of a responsible person, the initiation of a more intensive check or the downgrading in an internal scoring system can be set up flexibly.
05
Global contract review software
Do you review contracts not only in Germany, but also in other countries around the world? Many people are involved and different languages are used? No problem, ex:plore is multilingual and can help international companies to manage their contracts transparently and comprehensibly.
Data protection & security are our cornerstones.
We are regularly certified. You can read all about certificates & compliance on excon.com.
We have over 30 years experience & a global network.
Our products are designed to conserve resources.
EXCON is a reliable partner
What are the next steps after sending the form?
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After submitting the contact form, we usually get back to you the same day on business days.
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Next, we will schedule an online appointment together. We will clarify any open questions so that we can customize your demo.
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The demo will take place digitally with our experts on the agreed date.
Contract audits are becoming more important to companies
As business relationships become more complex, more criteria need to be considered. The careful review of contract content and policies is therefore becoming increasingly important. By using ex:plore for contract review, companies can make their processes more efficient and effective.
Contract audits: Comprehensive Insight for Sustainable Business Decisions
Contract audits are essential to identify potential risks and ensure compliance. Our advanced audit software, ex:plore, enables automated analysis of contract documents, identifies potential weaknesses and ensures that all parties comply with the agreed terms.
By efficiently conducting contract audits, companies not only avoid legal risks, but also create a solid foundation for data-driven business decisions.
Measuring performance metrics: Making success measurable
The ability to accurately measure contractor performance is critical to business success. ex:plore enables accurate monitoring of performance metrics, from on-time delivery to quality of service.
By automating this process, companies receive real-time data that not only enables them to respond quickly to performance issues, but also provides the basis for effective negotiations and contract adjustments.
Improve the collaboration with your business partners
Smooth collaboration with contractual partners is a decisive factor for the success of a company. ex:plore supports improved communication and interaction between you and your contractual partners. By using a common platform and transparent processes, ambiguities are avoided, misunderstandings are eliminated and the efficiency of the collaboration is increased.
Information is also made available in a transparent manner. This not only contributes to a better partnership, but also enables early identification of potential improvements for future contracts.
Practical example: Using ex:plore in the automotive industry
In terms of contractual cooperation between partners, the audit software is already being used successfully by many manufacturers in the mobility industry.
Common use cases in the automotive industry include:
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Assessing agency performance in the new sales model of many original equipment manufacturers (OEMs).
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Verification of privacy compliance at the point of sale.
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Sales audits for sales and distribution reviews.
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Warranty audits to verify warranty and goodwill agreements.
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Performance audits for customized metrics and business processes
VDA audits or certification audits can also be easily performed with ex:plore. However, there are many other use cases in other industries. In the following overview we give you an overview of numerous use cases. We are constantly checking which other challenges in the business environment can be simplified with our software solution.
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