ability to track the communication regarding the contract

Overall I would highly recommend the tool. Much better than building quotes in Word (which I had to do before APTTUS)

We needed a friendly, easy to install, and maintain Vendor Management tool. It had to be a time saver, adaptable, repeatable, and workflow driven product in order to accomodate the on-boarding process for both of our IT and Indirect business models. With Novatus, all of the requirements were met. Actually, we were able to take advantage of and introduce more of the products functional capabilities during the install than we had initially anticipated. Using the tool now for the past 4-5 years, we have come to realize that without it, we would still be paying potential late fee penalties for late renewals; we would still have some compliancey issues with some of our vendors; we would still be bringing in vendors whose contracts contained very risky language, and so on. The use of the Novatus has basically provided or avoided cost to us that fall way into the six figure range. In terms of Support, its second to none. If a problem arises, its typically resolved in less than 15 minutes and at this point I can only remember 1 instance where that occured over the years. At this point Novatus is not just a vendor, they are a true partner and will be here for a long time.

I have loved them from day one. was recommended by a developer and I have been happy since day one. A little difficult at first if you are not used to embedding fields in a word doc but once you get that, it is cake.

We have significantly reduced manual processes resulting in time and cost savings. Our sales team really likes it and Legal relies on it. Our Operations team can't live without it. This was one of the smoothest, most successful projects we have implemented and are quite happy with it.