Transform commercial agreements from signed documents into enforceable and traceable business rules.
Wholesale contracts can include numerous commercial obligations such as product scope, prices, quantity commitments, discounts, premiums, payment terms, delivery responsibilities, service levels, and renewal provisions. Simply keeping the contract as a document does not guarantee that these terms will be accurately applied in daily operations.
Minerva Contract Management tracks the contract lifecycle from the offer and negotiation phase to approval, implementation, use, renewal, and termination. Structured contract terms can be used in pricing, ordering, shipping, invoicing, and collection processes.
Contract lifecycle
Contract type, parties, scope and responsibilities.
Start, end, renewal and notification dates
Product, catalog, price and quantity terms.
Purchase commitments, quota and volume-based bonuses.
Delivery, logistics, quality and service level regulations
Payment plan, loan terms, collateral, and collection methods.
Article library, standard texts, and deviation checks.
Legal, sales, finance, and management approvals.
Electronic signature, document version, and change history.
Obligation, milestone, renewal and termination notices.
Monitor contract consumption and performance.
Orders, shipments, invoices, discounts, and collections made under the contract should be compared with the agreement. This allows for early identification of volume commitments, price validity, usage rates, unmet obligations, and renewal opportunities.
Transform contract terms from mere documents gathering dust on shelves into active rules governing daily sales and distribution processes.