Contract Management
Secure and maintain authorized access to contracts and financial documents for review, mark-up, and approval
Contract Management
Secure and maintain authorized access to contracts and financial documents for review, mark-up, and approval
Contract Management
Secure and maintain authorized access to contracts and financial documents for review, mark-up, and approval
What is Financial Data?
Financial data is the accumulation of files, documents, and information pertaining to the financial health of a business or organization. These documents can include purchasing agreements, invoices, balance sheets, income statements, bank statements, investor capital positions, payroll information, pricing, etc.
Document Management Systems for Contracts and Financial Data
ImageSite and EngineBox help companies manage more than just their technical documents. They serve as the perfect locations for storing contracts and financial data and managing the workflows and versioning associated with them. The systems provide secure, authorized access to contracts and other financial documents for review, mark-up, and approval. All participants in the contract management/financial life cycle process have immediate electronic access to vital documents which can be queried, viewed, marked-up, or used for simultaneous collaboration among multiple participants, all while securing control and access.
Organize Financial Documents
ImageSite provides companies with a simple way to store and retrieve contracts and financial records. It allows teams to organize files on the project, folder, or metadata level for immediate access by authorized users. System administrators and “power users” can create a folder structure that is intuitive and navigable for users or can utilize variable or full-text searches to locate files and documents.
Maintain Compliance
ImageSite makes compliance management easy, as it provides complete transparency for auditors and for organizations working in regulated industries. Files in ImageSite are secured using the principle of “least privilege” - a security practice outlined in the National Institute of Standards and Technology’s (NIST) SP 800-171. ImageSite’s audit trails also make it easy to respond to audit and e-discovery requests, as they include relevant information such as timestamps, user names, document version numbers, and the accessing devices.
Read More: Audit Trails
Secure Financial Documents
ImageSite uses multiple authorization and authentication protocols to help organizations secure files and documents at the source. ImageSite includes the following security options:
- Digital Signature
- Multifactor Authentication
- Multilevel Access Control
- IP Whitelisting/Blacklisting
- Strong Password Requirements and Validation.
ImageSite also protects financial documents from hackers, whether at rest and in transit, using SSL and AES encryption. SSL (Secure Sockets Layer) is an encryption-based internet security protocol that encrypts data transmitted across the web or a network. SSL initiates an authentication process between two communicating devices to ensure that both devices are legitimate accessors using encrypted traffic.
AES (Advanced Encryption Standard) uses a symmetric-key algorithm for both encrypting and decrypting data. It has been adopted by the U.S. government and is a FIPS-approved (Federal Information Processing Standards) cryptographic algorithm.
Read More: Security and Access Control
Software Benefits:
What is Financial Data?
Financial data is the accumulation of files, documents, and information pertaining to the financial health of a business or organization. These documents can include purchasing agreements, invoices, balance sheets, income statements, bank statements, investor capital positions, payroll information, pricing, etc.
Document Management Systems for Contracts and Financial Data
ImageSite and EngineBox help companies manage more than just their technical documents. They serve as the perfect locations for storing contracts and financial data and managing the workflows and versioning associated with them. The systems provide secure, authorized access to contracts and other financial documents for review, mark-up, and approval. All participants in the contract management/financial life cycle process have immediate electronic access to vital documents which can be queried, viewed, marked-up, or used for simultaneous collaboration among multiple participants, all while securing control and access.
Organize Financial Documents
ImageSite provides companies with a simple way to store and retrieve contracts and financial records. It allows teams to organize files on the project, folder, or metadata level for immediate access by authorized users. System administrators and “power users” can create a folder structure that is intuitive and navigable for users or can utilize variable or full-text searches to locate files and documents.
Maintain Compliance
ImageSite makes compliance management easy, as it provides complete transparency for auditors and for organizations working in regulated industries. Files in ImageSite are secured using the principle of “least privilege” - a security practice outlined in the National Institute of Standards and Technology’s (NIST) SP 800-171. ImageSite’s audit trails also make it easy to respond to audit and e-discovery requests, as they include relevant information such as timestamps, user names, document version numbers, and the accessing devices.
Read More: Audit Trails
Secure Financial Documents
ImageSite uses multiple authorization and authentication protocols to help organizations secure files and documents at the source. ImageSite includes the following security options:
- Digital Signature
- Multifactor Authentication
- Multilevel Access Control
- IP Whitelisting/Blacklisting
- Strong Password Requirements and Validation.
ImageSite also protects financial documents from hackers, whether at rest and in transit, using SSL and AES encryption. SSL (Secure Sockets Layer) is an encryption-based internet security protocol that encrypts data transmitted across the web or a network. SSL initiates an authentication process between two communicating devices to ensure that both devices are legitimate accessors using encrypted traffic.
AES (Advanced Encryption Standard) uses a symmetric-key algorithm for both encrypting and decrypting data. It has been adopted by the U.S. government and is a FIPS-approved (Federal Information Processing Standards) cryptographic algorithm.
Read More: Security and Access Control
Software Benefits:
Integrate with standard organizational financial systems like A/R, A/P, Financial Accounting, Payroll, and Benefits
Integrate with standard organizational financial systems like A/R, A/P, Financial Accounting, Payroll, and Benefits
Streamline approval processes through automated approval of contracts and invoices from anywhere, at any time
Review and approvals of contracts, including management of hardcopy or digital signatures
Elevate productivity, while improving vendor relations and customer service.
Review and evaluation associated with determining whether to pursue a contract
Improve efficiencies by eliminating time-intensive manual document searches
Reduce document storage costs by eliminating file cabinets and storage space required for paper documents
Implementing ImageSite
Implementation takes days, not weeks or months. Integrate with advanced image capture, like Simple Index and go paperless. Users can design workflow processes to follow contract management from the initiation phase to the renewal phase, while version control ensures users are working with the latest draft of contracts and financial documents. You can also set up life cycle reminders to notify appropriate departments when contracts or service renewals are due.
Implementing ImageSite
Implementation takes days, not weeks or months. Integrate with advanced image capture, like Simple Index and go paperless. Users can design workflow processes to follow contract management from the initiation phase to the renewal phase, while version control ensures users are working with the latest draft of contracts and financial documents. You can also set up life cycle reminders to notify appropriate departments when contracts or service renewals are due.
Additional EDMS Features
The eQuorum Customer Promise
In 2005, eQuorum developed the first all browser-based EDMS. The system, although for on-premise use, was still created to remove client software and JAVA from user computers and allow users to have a single viewer based on the simple navigation functionality of browsers. Today, eQuorum provides that same application in a private Cloud or a SaaS Cloud option. We can do this because we are, and have always been, browser-based, understanding the enhanced speed, security, and usability of this technology.
With the abundance of document management systems on the market today, there’s no doubt that choosing the right Cloud document management software can be a difficult decision. eQuorum is here to provide a comprehensive, powerful, and most importantly – affordable Cloud document management solution. We believe in providing real value to our customers by eliminating unnecessary costs, providing industry-leading functionality, and equipping your team with the right tools using cutting edge technology to bring your products to market faster.
eQuorum®
We specialize in engineering workflow and document management. Our comprehensive, yet easy-to-use software provides the solution to manage data from design to manufacturing and production, to sales, support and administration.