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symplr Contract

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(11)3.6/5

symplr Contract, a healthcare-specific Contract Lifecycle Management (CLM) solution, centralizes every hospital and provider contract in a single source of truth, streamlines contracting workflows, and protects against compliance risks while helping health systems control spend and protect margins. Features - ERP integration for financial control: symplr Contract integrates with leading ERP systems to automatically connect financial data to contractual obligations, ensuring leaders make fiscally responsible decisions based on real-time information. - Automated healthcare-specific workflows: With automation and pre-approved processes, teams spend less time chasing signatures and more time on strategic work. - Centralized contract repository: With one centralized source of truth, you can eliminate fragmented storage across departments, reduce duplication, and empower teams to work from the same up-to-date information. - Redlining & digital signature integration: symplr Contract enables real-time redlining in Microsoft 365, along with full digital signature integration through DocuSign. - Built-in compliance safeguards with obligation tracking: Conflict-of-interest tracking, gift alerts, and exclusion checks ensure audit-readiness. symplr Contract helps you avoid risk by monitoring obligations such as provider time reporting, conflict-of-interest disclosures, and non-monetary gift tracking. - Automated renewal & expiration alerts: With proactive reminders and complete visibility, your teams can act early—renegotiating better terms, preventing overpayments, and maintaining continuity without surprises. - Risk & resiliency tools: symplr Contract makes it easy to identify continuity clauses, force majeure terms, and alternate suppliers—so your organization can respond quickly to shortages, geopolitical risks, or emergencies. Benefits - Optimize financial outcomes: Avoid auto renewals and vendor overpayments with contract visibility and ERP integration. Achieve an average 12% annual spend reduction - Improve efficiency across teams: Eliminate manual, siloed workflows and free staff to focus on strategic work. Cut contract management time by 50% - Mitigate risk and ensure compliance: Safeguard against penalties, fines, and reputational damage. Reduce the probability of penalties or fines by 60%. - Build organizational resiliency: Adapt quickly to market and regulatory disruption with better visibility. Reduce provider contracting cycles by 68%.

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