ne<t® contracts
for vendor management in insurance

Managing a multitude of contracts and agreements in an insurance company is time consuming, costly, and complex. Especially, when the responsibility is divided across the organization.

With a Next^® Contracts solution you get:

A true and up-to-date overview
Quick information
Common terminology
Notifications / Proactivity
Statistics
Dealing with data processing agreements (GDPR)

This allows you to lift the maturity level of your contract life-cycle management.

"Next^® Contract was just the tool we needed in the process of maturing the management of our contracts across our organization."

- Jacob Nøddeskov Nielsen, IT Contract Manager, LB Forsikring A/S

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One solution for every type of contract you'll ever manage

Paper, Word, or PDF formats.

For procurement, for IT services, for partners, or for data processing agreements. Next^® takes care of any type of contract. And, in any format.

Improve the maturity level of your contract management

Next^® accelerates your transition from tiresome manual handling of agreements into automated routines. While you stay in full control and enjoy all the benefits.

Instead of using boring Excel spreadsheets, you get an easy tool to manage your contract life-cycles. To review, cost control, and follow up on agreements in no time. In line with company policies and with complete transparency. Match your incoming invoices with the right contracts and get alerts to renew, cancel, or renegotiate agreements. While keeping the contracts safe in a secure, GDPR-compliant archive.

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Get in control

Even where a legacy contract tool is already in place, Next^® Contracts makes a notable difference.

Before, our departments managed contracts in 8 different ways. With Next^®, we have one single and shared solution.

solution

Before, it took us days to locate the right contract and to match it with the supplier invoice. With Next^®, it literally takes us 5 seconds - anytime and from anywhere.

seconds

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Contracts, as easy as 1 - 2 - 3

Next^® Contracts is designed, tested, and proven to be easy on its users.

Beautiful, fast, and efficient screens, help users find contracts and perform their tasks with little or no training.

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Easy to get started

With ready-to-go software, and best practice implementations we have you up and running in days.

Best practice implementation
Basic

Software installation
Predefined contract types
Google-like contract metadata search
Predefined contract search forms
Revision control and audit log
Automatic archive folder structure
Predefined workflows
Manual contract indexing
User group-based access permissions
End user training

A basic best practice implementation can be up and running in

days

Best practice implementation
Extended

Software installation
Predefined contract types
Option: Custom contract types
Google-like contract metadata search
Predefined contract search forms
Option: custom contract search forms
Full text search
Document management system features
Microsoft Office integration (plugins)
Custom archive folder structure
Predefined workflows
Manual contract indexing
Option: Process assisted contract scan, capture, indexing and archiving
Option: Contract data export to BI and Excel
User group-based access permissions
Option: Advanced access permission options - incl. LDAP/AD/ADFS integration
Option: Integration with ERP, CRM, Finance, and customer self-service portals
End user training

An extended best practice implementation can be up and running in

days

If you already have Next^®, the implementation is even faster. Additional functionality, such as custom contract types, advanced access permissions, or integration with other business systems, adds to the implementation time.

Like to see how easy you handle contracts in Next^®?

Book a demo