The GLC seeks to procure a contract lifecycle management solution with the following software features: 1. Contract database 2. Contract document repository 3. Electronic signature capability 4. Digital signature capability (must meet the GLC’s IT requirements) 5. Contract drafting and redlining capabilities. 6. Customizable dashboard 7. Customizable database fields 8. Status and completion tracking 9. OCR data extraction 10. Contract expiration and renewal notification, reminders, and alerts. 11. Renewal notification, reminders, and alerts for compliance documentation 12. Workflow management 13. Customizable approval process 14. Audit trail Optional features: 1. Vendor portal/vendor onboarding capabilities 2. Spend tracking capabilities 3. Pre-built templates 4. Full text search 5. Version control 6. Customizable branding 7. API capabilities for integration with Microsoft Dynamics 365 (General ledger and vendor (listing) modules) 8. Customizable user roles and permissions 9. Out-of-the-box and customizable reports and report templates 10. Mobile application Requirements include: 1. Unlimited Users 2. Supported implementation and rollout 3. Email/Help Desk/ Phone support 4. Unlimited training a. Live or b. Online and c. Documentation/Knowledge base
