CMP Contract Management

CMP Contract Management enables companies to effectively manage all aspects of their primary carrier/vendor agreements. Contract Management captures all applicable details pertaining to carrier/vendor agreements including service descriptions, products, rates, discounts, commitment levels, contract terms, addendums, dates, carrier/vendor and internal contacts, etc. A consolidated view of contracts enables optimization of agreements, elimination of overlaps, and prevents auto-renewal of unfavorable contracts due to a lack of visibility.

Contract Management Features:

• Single, organized, enterprise wide repository of carrier/vendor agreements
• Tracks relevant terms, commitment levels, discounts, products, and rates
• Inquiry functions that enable a concise view of all contracts, products, or rates associated with a particular location or the entire enterprise.
• Automatic tracking of actual spend versus contract commitment
• User and role-based security access to functions and data
• Automatic triggering of contract expiration alerts
• Integration with the CMP knowledgebase for market rate benchmarks

CMP Contract Management Benefits:

• Maximizes contract renegotiation opportunities
• Eliminates carrier-favorable auto-renewal terms
• Enables optimization of existing carrier/vendor agreements
• Simplifies carrier/vendor migration/comparisons
• Removes rate discrepancies
• Ensures alignment of bill and contract rates
• Facilitates a single enterprise-wide telecom view