
Komtrakt
by Lexplosion Solutions Private Limited
Key Features and Functions include:
Centralized Contract Repository
Contracts and related documents are stored in a secure, hierarchical repository, enabling organized access, retrieval, and data governance across the contract portfolio.
Contract Creation and Templates
Supports drafting and managing a variety of contract types (e.g., service agreements, NDAs, procurement contracts) with templates and editing tools to standardize creation and reduce manual effort.
Version Control and Audit Trails
Maintains historical versioning of contracts, tracking edits, revisions, and user activity to support auditability and transparency in contract evolution.
Obligation Tracking and Alerts
Monitors key contractual commitments, deadlines, and renewal dates; configurable reminders and notifications help stakeholders stay informed of important milestones.
Notifications and Task Management
Sends alerts via email or calendar for upcoming tasks, approvals, expiries, and other contract-related events to facilitate timely action.
Reporting and Dashboards
Provides real-time reporting on contract status, risk areas, and performance metrics to support decision-making and visibility across contract portfolios.
Online and Offline Drafting Tools
Enables contract drafting and revision within the platform or through integrated offline tools such as Microsoft Word.
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