Manage your full contract lifecycle within a single source of truth

Manage all your organization and supplier contracts and related documentation in a secure, cloud-based repository. Search for contracts, track revisions and comments, set renewal reminders, and ensure delivery against contract deliverables.

Everything your team needs in one place, accessible from anywhere. Now with AI Contract Extraction, upload existing contract PDFs and let AI instantly populate your contract records, eliminating manual data entry and getting contracts live faster than ever.

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Discover how effortless contract management can be

Watch the video to see how Unimarket simplifies contract management, giving you complete visibility and control while ensuring compliance and maximizing value across your organization.

[Watch a demo](/content/solutions/contracts/demo-webinar/ "Unimarket Demo"/index.html)

A simple and cost-effective contract management solution.

Save time

Reduce the time it takes to find and manage supplier contracts and reduce the risk of contracts being misplaced by keeping all of them and related information in a single, searchable repository.

Simplify compliance

Improve accountability and contract quality by introducing standardized, repeatable contract creation workflows and a fully auditable record of all contract amendments.

Improve collaboration

Cooperate on the creation of new contracts and ensure stakeholders from procurement, compliance, legal, and elsewhere can review, edit, and approve contracts.

Get visibility of spend

Benefit from up-to-the-minute spend tracking against supplier contracts, providing a comprehensive view of all purchasing activity related to each contract.

Unimarket is the source-to-pay solution of choice for:

The features to make contract management easy.

Transform how you manage supplier contracts with a single, searchable contract repository.

A central contract repository

• Store all contracts and related documents, such as insurance certificates, associated agreements, in one place.
• Bulk upload contracts or add them one-by-one.
• Store an unlimited number of documents.
• Access the history associated with each document — even deleted ones.

Search and filter

Powerful search and filter tools make it easy to find the important details in any contract or related document. Refine searches by multiple criteria including date, type, department, and owner.

Manage access

Get full control over who can access what, from overall admin access to view only, create contracts, and access specific contracts only.

Approval processes

Create contract approval processes based on your needs and get full visibility of where contracts are at in the process.

AI Contract Extraction

Accelerate contract creation with intelligent, automated data extraction.

• Upload an existing contract PDF and AI instantly extracts key details, like supplier names, effective dates, and financial values, pre-populating your contract fields, ready for validation.
• A Draft Contract is created automatically on upload, so your progress is saved while you review or gather more information.
• All uploaded documents are managed through a dedicated Contract Inbox, ensuring every attachment is tracked and linked to its corresponding record from day one.
• Processed securely via Google Document AI. Your data is never shared outside your community's secure instance.

Alerts and notifications

• Set personalized alerts to stay on top of contract milestones, workflow updates, and deadlines.
• Receive automatic renewal notifications to streamline the process and avoid missed deadlines.
• Integrated alerts keep stakeholders informed, reducing bottlenecks and maintaining workflow progress.

Track internal comments

Contract communication and collaboration made simple.

• Each contract has a messaging forum for tracking, sharing, and saving notes and comments.
• Facilitate seamless team communication, keeping everyone aligned on contract details.
• Store all discussions within the contract record for easy reference and a complete communication history.

A contract management solution your entire team will love

Procurement team

Save time

Save time by streamlining contract management and easily find all contract-related information when needed.

Contracts team

Contract management simplified

Take the stress out of contract management and never miss a contract update or milestone.

Legal / General Counsel

Streamlined & legal

Manage contract approval processes, ensure compliance requirements are met, and easily keep contracts current.

Finance leaders

A cost-effective solution

Benefit from a simple, cost-effective way to manage contracts and track spend against contracts (requires Marketplace).

Business leaders

Efficient & compliant

Be confident that contracts are managed efficiently, are kept current, and that compliance requirements are met.

Customizable contracts and workflows

• Customize your contract lead sheets with dynamic forms.
• Capture and store the specific information needed for each contract scenario.
• Create tailored workflows for each contract type.
• Ensure your contract processes are traceable, repeatable, and compliant.

Link contracts with Marketplace suppliers

• Automatically track spend against supplier contracts.
• Link contracts with RFx sourcing events.
• Create contract associations between other contracts for a holistic view of supplier agreements and associated documents.

How Unimarket Contracts works

1. Upload contracts in bulk

Get up and running quickly by bulk uploading all your existing contracts via CSV file in one action. Contract data can also be extracted for editing and then uploaded again, making it quick and easy to make changes in bulk and minimize manual effort.

2. Work with colleagues

Collaborate with others throughout the life of the contract. Leave comments for collaborators and maintain an auditable record of all notes. You're always in control of who can access or edit contracts.

3. Monitor spend against contract

When integrated with the Unimarket eProcurement solution, spend is tracked against supplier contracts, to provide the data you need to negotiate stronger contracts and maximize value for your organization.

4. Upload and populate with AI Contract Extraction

Skip the manual data entry entirely. Upload an existing contract PDF and AI Contract Extraction automatically extracts key details, like supplier names, effective dates, and financial values to pre-populate your contract record. Review, validate, and confirm the extracted data before the contract goes live, ensuring accuracy at every step.

Get a demo

Ready to see how Unimarket Contracts can help you transform contract management? Watch our on-demand demo or schedule a personalized demo with one of our experts.

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Book personalized demo

Download the brochure

Learn more about the benefits of Unimarket Contracts and how it works. Download the PDF brochure now.

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FAQs

• Can the Contracts Module be used to help store similar information not collected through a procurement process, such as leases?

Yes. The Contracts Module is flexible and allows you to store any number of different agreement and document types. The module allows your organization to name the Contract Types that are important to you; this means lease agreements, NDA’s, campus affiliation agreements, and anything else you can dream up. Due to the customizable nature of the tool, you can store any type of agreement you like.

• Is there an intake for ad hoc contracts?

Absolutely, there is, and we have customers using the module this way today. If a contract has not yet been drafted or finalized, a user may utilize the Create Contract role to input the key details for a contract such as the supplier and a description of the contract. Our workflow functionality will route the contract to the key stakeholders identified for that contract type, which allows them to draft up a new contract according to the requirements outlined in the intake process.

• Can the workflow allow us to enter a new person into the review process?

Yes, the workflow supports ad hoc approval steps, meaning you can delegate a contract reviewer on any workflow step that you have designated as an ad hoc step. This means you can dynamically select the person or people you would like to include on-the-fly.

• Can we implement Contracts before other modules, or on its own?

Yes, and we even encourage it. The Contracts module can stand alone without the use of other Unimarket modules. Other modules can also be added later. Finally, some of our customers prefer to get started on using the Contracts module while they are still planning resources for the implementation of other modules, so Contracts is a great place to start when setting up and rolling out Unimarket.

• Does the Contracts Module allow us to attach supporting documents like insurance certificates or amendments?

Yes. In addition to the primary contract document, you can attach any number of supporting documents, including certificates of insurance, amendments, addenda, or correspondence related to the contract. All related files are easily accessible within the contract record, ensuring a complete audit trail and simplifying document management for compliance and reporting purposes.

• How long does it typically take to implement the Contracts Module?

Because the Contracts module is designed to be lightweight and highly configurable, many institutions are able to implement it in just a few weeks. The timeline can vary based on the complexity of your workflows and the volume of contracts you wish to load initially, but many Unimarket customers see full deployment within 6–8 weeks, including stakeholder training and workflow configuration.

• How much does Contracts cost?

Unimarket Contracts is a cost-effective contract management solution. You might be surprised how affordable it is to optimize and streamline your contract management processes. [**Get in touch with us**](/content/company/contact-us/ "Get in touch with us"/index.html) today for a quote.

• Do I have to use Unimarket eProcurement and Marketplace to use Contracts?

No, you can use Contracts as a standalone contract management solution. However, it is most powerful when used together with Unimarket [eProcurement](/content/solutions/eprocurement/ "eProcurement"/index.html) and Marketplace, as that allows you to track spend against contracts.

To learn more, book a demo of Unimarket’s Contracts Solution.

[Watch a demo](/content/solutions/contracts/demo-webinar/ "Unimarket Demo"/index.html)