HyperHack_2023 - Absolute Automation APP_Contract Management System

HyperHack-2023 - Absolute Automation APP_Contract Management System

Use Case Description

Problem statement
Enterprises seek an integrated solution to enhance contract management throughout the entire lifecycle. Digital transformation is essential to expedite business operations. Inefficient contract management results in compliance challenges, escalated operational expenses, and deal closure delays. Businesses must analyze historical data to gain insights facilitating effective decision-making during contract negotiations.

Proposed Solution
The solution offered by the Absolute Automation application, utilizing UiPath products, addresses the challenges faced by enterprises in managing multiple contracts during rapid expansion.This solution streamlines contract-related tasks, including contract generation, editing, risk analysis, review, storage, status tracking, E-signature, and report generation.It ensures effective contract management, even in the context of remote or hybrid teams, thereby enhancing operational efficiency and mitigating the complexities associated with contract processes.

Other information about the use case

Industry categories for this use case: Compliance, Finance, Legal, Marketing Sales, Operations, Banking

Skill level required: Advanced

UiPath Products that were used: UiPath Studio, UiPath Action Center, UiPath Apps, UiPath Data Services, UiPath Document Understanding, UiPath Orchestrator

Other applications that were used: Power Bi, UiPath Integration Service

Other resources: -

What is the top ROI driver for this use case?: Accelerate growth and operational efficiency