Trackado is a cloud-based contract management software designed specifically for small and medium-sized businesses. It helps centralize all important contracts in one secure, easily accessible online repository. Trackado provides tools for contract drafting, version control, workflow management, milestone tracking, compliance monitoring, and analytics on contract finances and performance.
The core product is a centralized, cloud-based database that serves as a single source of truth for all of a company's contracts. Users can upload contracts directly or link to them from existing cloud storage. All contracts become searchable by attributes like category, department, supplier details, and custom properties. An intuitive interface allows authorized team members to access contracts from anywhere.
Trackado provides automated reminders of deadlines and milestones like contract renewals and expirations. Users can assign these events to specific team members to ensure accountability. The workflow engine routes contracts through predefined approval steps, capturing a full audit trail.
For financial tracking, Trackado generates insightful reports and dashboards around costs, revenues, and new contracts added over time. Its business partner module displays all counterparty details and associated contract activities in one view. This helps organizations understand the financial impacts of their contract portfolios.
Notably, Trackado does not currently support government contracting requirements or integration with common e-signature providers. Its focus is on streamlining basic contract lifecycle management workflows for businesses below the enterprise level.
Trackado touts an easy implementation with no downtimes or complex software deployments needed. Pricing is based on number of users, with discounts available for annual billing. A free trial allows new users to test out the full functionality.
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