Contract Management Software

A central contract repository guides and streamlines financial processes.

Khameleon's Oracle-based Contract Management software provides a single point of entry for all your contract data. Once a contract is entered, Khameleon's contract management system automates downstream processes, such as project billing, expense collection, revenue scheduling, revenue allocation, and managing contract changes and renewals. Change your pricing, and Khameleon applies the new prices to customers according to their contract's unique terms. Khameleon Contract Management software also monitors customer spending toward contracted minimums and ensures quantity-based pricing is applied accurately.

A central repository serves as one source for customers, contracts, users, and warranties, reducing the risk of waste from duplicate or conflicting information. The format is flexible enough to manage multi-element contracts with multiple delivery schedules, revenue allocation, and revenue recognition schemes:

• Enter contract data only once - no need to re-key contract data for billing, general ledger, or reporting purposes
• Manage multi-element contracts
• Manage multiple project schedules against a single contract
• Manage recurring contracts
• Manage multi-currency operations
• Implement minimum purchase level terms in contracts
• Ensure graduated volume price breaks are implemented accurately
• Automatically calculate revenue recognition amounts for each contract element
• Allocate revenue based on established values in a contract
• Contract changes automatically update all project accounting processes

Because it is so flexible, Khameleon's Contract Management software increases your ability to service the complex contract and billing demands customers make, opening the way to new service offerings. At the same time, it creates a foundation for robust internal controls over revenue processes and provides a transactional audit trail for Sarbanes-Oxley 404 assertions.

To learn more about Khameleon's Oracle-based Contract Management software and other project-centric solutions, talk to one of our project experts at 800-655-6598