NetSuite Contract Management is a native module that comes as a part of NetSuite CRM, designed to eliminate the manual effort involved in creating, issuing, and managing contracts.

This cloud-based solution automates the entire contract lifecycle, streamlining processes such as approvals, renewals, and returns. It improves document management and ensures greater accuracy, speed, and compliance.

With intuitive, real-time dashboards, you can track renewable and expiring assets, helping to maximise revenue and reduce missed opportunities. The system also enables you to identify potential for cross-selling and upselling, while delivering a consistent and professional experience to all stakeholders, including customers.

Benefits

• Automate renewals through an agile and powerful process that lets you track renewable assets and maximise renewal revenue. 
• Reduce costs through better billing efficiencies, and drive revenue and customer retention. 
• Gain real-time reporting and visibility into your renewal pipeline, as well as the status of renewal revenue, upsells and returns. 

Features & Capabilities of the Contract Management Module

• Renewal automation for a flexible automated renewal process 
• Multi-contract management in one platform 
• Revenue recognition 
• Uplift and discount management with the ability to arrange discounts on a per-customer basis  
• Cross-sell and up-sell management capabilities for easily identifying cross-sell and up-sell opportunities to improve overall profitability and likelihood of reaching sales targets  
• Reporting and real-time visibility that is essential to optimising recurring revenue streams 
• Sales and service quote 
• Pricing management 
• Recurring invoices management 
• Order to bill 
• Customer self-service