Procurement capability

Contract management

Centralize and optimize your contract lifecycle with an intelligent management platform that ensures compliance, eliminates renewal surprises, and unlocks the full value of your agreements.
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Enhance visibility
Access all contracts, renewals, and obligations in one secure and searchable workspace.
Identify opportunities
Leverage contract data to uncover savings potential and optimize supplier terms.
Reduce risk
Stay compliant and avoid missed renewals with automated alerts and approval workflows.

Contract repository

Unified storage with advanced search capabilities ensures quick access to all agreements, amendments, and related documents across your organization.

Status tracking

Intelligent notification system provides proactive alerts about upcoming renewals, obligation deadlines and expirations, preventing unwanted auto-renewals and service disruptions.

Approval workflows

Customizable approval processes automatically route contracts to appropriate stakeholders based on content, value and risk.

Version control and audit trail

Comprehensive tracking of all document changes, approvals, and interactions creates a complete audit trail for compliance and governance purposes.

Contract insights

Provides detailed insights into contract performance that help identify optimization opportunities, potential risks, and areas for improved terms in future negotiations.
The Payflows advantage
Rapid adoption
Your team gains immediate value with our streamlined onboarding process that delivers results within one day of launch.
Seamless system integration
Connect instantly with your existing financial infrastructure.
Tailored to your business reality
Deploy customized approval workflows, forms, and analytics that perfectly align with your unique requirements and goals.
Complete process visibility
Command the entire procurement journey from request to payment in one unified platform that leaves nothing hidden.
AI-native intelligence
Free your team from repetitive tasks with AI Teammates that handle the mundane while your talent focuses on strategic growth.

The Payflows advantage

Rapid adoption

Your team gains immediate value with our streamlined onboarding process that delivers results within one day of launch.

Seamless system integration

Connect instantly with your existing financial infrastructure.

Tailored to your business reality

Deploy customized approval workflows, forms, and analytics that perfectly align with your unique requirements and goals.

Complete process visibility

Command the entire procurement journey from request to payment in one unified platform that leaves nothing hidden.

AI-native intelligence

Free your team from repetitive tasks with AI Teammates that handle the mundane while your talent focuses on strategic growth.

Frequently asked questions

What is contract management in procurement?

Why is contract visibility essential?

How does Payflows improve contract lifecycle management?

Can Payflows extract data from contracts automatically?

What KPIs should teams track in contract management?

"80% of Electra's purchases are related to charging stations. Managing orders and deliveries is a major challenge, and Payflows simplifies these processes."
Etienne de Valbray
,
VP Operational Strategy
Read story

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