Contract Management Module

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Contract Management Module: Overview

Mastering Contract Management in Dynamics 365

Contract Management for Finance and Supply Chain is a dynamic module within Dynamics 365 designed to streamline contract handling, from requests to invoicing. It simplifies managing complex contracts and provides real-time tracking for efficient contract lifecycle management.

Contract Management Module

  • Create GRNs and invoices upon approval of payment certificates, ensuring accuracy in billing and payment schedules.
  • Manage retention amounts, guarantee bonds, and performance bonds with automated validation checks before invoice creation.
  • Access detailed reports on payment certificates, contract variations, and financial summaries, keeping all stakeholders informed.
  • Fully integrated with Dynamics 365, the module ensures smooth coordination between contract management and financial systems, from vendor payments to journal creation.
    • Manage the entire contract process, from contract requests to invoices, ensuring that every stage is tracked and transparent.
    • Streamline tendering processes with built-in tools for pre-qualification, vendor bidding, and bid committee management.
    • Handle contract changes with ease through variation orders, change proposals, and addendum orders, ensuring your contracts stay up-to-date.
    • Automate advance payments, retention handling, and recovery processes, while ensuring timely payment release after contract completion.
    • Generate payment certificates based on contract progress, automatically linking them to GRN (Goods Received Notes) and invoices for accurate financial tracking.
    • Track essential contract data such as start and completion dates, value changes, extended days, and the status of payment certificates, all from one platform.

    TSC

    Our Capabilities

    With a 150+ member team and rich experience in Microsoft Solutions, TSC is well positioned to help in your business transformation journey. As a Microsoft Dynamics Gold Partner, we have successfully delivered 100+ ERP projects. ERP implementation is a transformation journey and at TSC we don’t believe in acquiring clients and delivering projects, but rather partnering with organizations in the journey.
    We walk together through the journey and beyond to make sure the goals are met, and new standards are set. Our clients have gained real-time insights on business data, reduced production costs & achieved high success rates in the respective target markets.
    Contract Management Module,Contract Management

    The Solution Consulting (TSC) is a group of technology and business enthusiasts 
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