With a cloud-based contract management solution, one of the world's leading carriers of refined oil products has a better overview of all their supplier agreements.
Replacing an old, outdated SharePoint solution and private archives with a single cloud-based system, TORM has all agreements stored in one place. This secures better control over their master data and automates key tasks in their contract handling.
Right out of the box, the software-as-a-service (SaaS) contract management from Nextway (Next® Contracts) provides TORM with a user-friendly and structured overview. Up-to-date information is available to all 200 users at the push of the button. Reminders for critical tasks secure that no cancellations, renewals, renegotiations or deadlines are missed. With permission control in place, only the right colleagues can create, edit, approve, view, or delete contracts. Across locations and time zones.
You can save as much as 5% of your total revenue if you digitize the way you handle contracts.
Thousands of people within the Transport and Logistics industry use Next® every day.
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