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%.