Contract Management

Introduction

The Aptean Contract Management extension works in conjunction with the established domain of procurement for both sales and purchases. The primary goal of this extension is to ensure the protection of involved businesses and establish the foundation of business deals.

In the context of this extension, businesses can now create and manage contracts specific to their suppliers, customers, outlining terms, conditions, and essential details. The contract covers crucial aspects like pricing, quality, quantity, and delivery schedules. It serves as a formal pact between the parties involved.

Furthermore, this extension aims to clarify responsibilities, rights, and risk allocation that fosters effective supplier relationships. Unlike sales or purchase orders, sales or purchase contracts are designed for long-term partnerships, ensuring consistent supplies and sales. The Aptean Contract Management extension enables businesses to form a stable, consistent, and mutually beneficial alliance.