Contract Lifecycle Management Software

Contract Advantage™ is an award-winning Contract Lifecycle Management Software system designed to be intuitive, efficient and cost-effective.  Whether you are looking for a simple contract repository with automatic email alerts or an enterprise system with business user portals, digital signatures and approval workflows, we’ve got you covered!

Contract Advantage is a product of over two decades of real-world experience and development.  It also has benefitted from thoughtful input from our clients.  Many concepts are the direct result of their input.  The system anticipates a large number of use cases that you will appreciate.

Contract Advantage can be used on our servers in the cloud or installed behind your firewall.

Contract management system
Contract management system
Contract management system
Contract AdvantageTM WebEssentials

WebEssentials provides the core contract management capabilities: a central document repository, robust security, automated email alerts, configurable pages and contract types, and flexible reporting.

Contract AdvantageTM WebPro

Provides enhanced contract management capabilities with financial transactions, asset management, real estate, contract invoices and payments tracking, and intellectual property management.

Contract AdvantageTM WebElite

WebElite is an enterprise class contract lifecycle management system.  The application offers: contract authoring and assembly, Microsoft Word integration, scanning and intelligent OCR, approval workflows, contract requests, business portals, multiple early warnings, document versioning, intelligent routing, and more.

Contract Advantage Features

A Feature-Packed Contract Management System!
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C ontract A dvantage™
Three core Product versions You Select The Functionality! © 2025 Great Minds Software, Inc. All Rights Reserved.
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Two Optional portals All Active Directory Users Can Access Them!
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USER-DEFINED Dashboard You indicate what is important to you! You choose the colors!
You select the content!
Extensive searching capability Search on Over 400 Fields and Save Your Queries!
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Later, Export Queries to Excel!
Export Results To Excel! User-Defined selection screen You Choose Colors And Fields To Display!
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FULL TEXT SEARCHING WITH HIGHLIGHTED TEXT © 2025 Great Minds Software, Inc. All Rights Reserved.
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- There are over 350 fields on the Summary Page alone that you may show or conceal.
- Choose from over 30 pages to display or hide according to your needs.
- Create your own custom pages and fields.
- Design Contract Record display Templates by Contract Type.
DISPLAY / HIDE
FIELDS & PAGES
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Field Name Out of the Box
Field Name You Give it
Renamable fields Track Only Items That Relate to Your Business!
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Contract Payments Tracking Know how much is spent and what is left— on the Contract Record or through Reports
on the Contract Record or through a Report. Related Contracts Easily track all Related Contracts, NDA’s or BAA’s, © 2025 Great Minds Software, Inc. All Rights Reserved.
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Contract Hierarchy Readily see all Master Contracts and their Subs.
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Multi-Currency & Language Capability English Spanish Set One Currency Globally—or Set One Contract Currency at a time. System can be set to another language.
Two-way Negotiation Workflows are also available. © 2025 Great Minds Software, Inc. All Rights Reserved.
Electronic Workflow Route Contract Documents Electronically for Approval and/or Signature!
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Digital Signature (DigSig) workflows play_arrow The Digital Signature Module (DigSig) automates the signing process and fully integrates with DocuSign™.

play_arrow DigSig permits you to route your document electronically for signature.

play_arrow After execution, the document is automatically placed in the corresponding Contract folder for you.
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Create Documents with MS Word™ from within the System!
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GENERATE DOCUMENTS play_arrow Generate Documents in Word or PDF Formats.
play_arrow You set it up, so all documents look the same.
play_arrow Print or Save to the Document Repository.
Call Now! New Layer Contact us to see all our products in action!

A sales representative can schedule a demonstration of any of the Contract Advantage™ family of contract management products.
Great Minds Software, Inc.

www.GreatMinds-Software.com
Tel: 914-595-6056

Fax: 917-591-9117
© 2025 Great Minds Software, Inc. All Rights Reserved.

A Flexible Contract Lifecycle Management Software Tool

Contract Advantage is flexible.
It is powerful.
It is robust.
It is comprehensive.

Contract Advantage can be configured by you to suit your organization’s needs.  All fields and pages can be customized by you.

Every page, every contract type, every workflow, every contract document can be generated through templates that you can change as needed.

Customize Display

You have full control to customize the system display with no coding.  Each type of contract can have its own set of data fields.  Customize the names of the data fields, sections, pages, menus and reports.  Make the system tailored to your industry and business.

Generate Contracts Easily!

Create Contracts using Microsoft Word directly within Contract Advantage.  Import documents from contracting parties or build contracts internally.  Take advantage of Contract Document Templates, Clause Library, Versioning, Word<>PDF conversion, contract approval workflow templates and digital signature integration.

Submit Contract Requests

Anyone in your organization can submit a formal, structured request through Contract Advantage.  The Contract Request design is specific to each Contract Type, so the user is only completing what is necessary for that type of contract.  The request is reviewed by supervisor or contract manager.

Search...Everything!

Full Text Search of all attached documents (based on your security rights).   Search 400+ data fields–master list items, companies, people, contract attributes, actions, date ranges and more.  Combine the field searches t individually to get targeted, focused results.

Automatically Enforce Security

The Contract Advantage Security system is multi-layered.  Users are placed in security groups that control access to contracts, pages, data and reports by role, contract type, internal entity, department and other items.  Optionally authenticate against your Active Directory, use Single Sign On (SSO) and Multifactor Authentication (MFA).

Automate Approval Workflows

Easily circulate your proposed Contracts, Amendments, and Task Orders for approval.  Workflows can be automatically created through workflow templates.  Contracts may have multiple workflows.

Automate Email Alerts

Set reminders for upcoming key dates, one-time and recurring actions.  It is easy to also set multiple Early Warning Dates for each action.  Contract Advantage will trigger the ADVANTAGEALERTS emails to go out automatically to stakeholders and others that you choose.

Track History

See who did what, when with the extensive History Trail.  Each change or action is time and date stamped–showing before and after values.  The system even tracks who looked at any contract.  This is essential for forensic accounting.

Use Digital Signatures

Send your Contracts out for signature electronically. GMS partners with DocuSign to provide an integrated signing experience.  Fully executed contracts are automatically saved into the correct contract folder.  Stakeholders are alerted to the status and progress through the signing process.

Product Brochure - Contract Advantage - Contract Lifecycle Management
Feature Comparision - Contract Advantage - Contract Lifecycle Management

The Benefits of Using Full-Featured CLM Software

Contract Advantage is a proven contract lifecycle management tool.  The benefits begin when you create a new contract record, automate action alerts and generate contract documents.  Watch the video on the right to see how easy it is.  The system offers you:

Flexibility

You determine the information to track by Contract Type and the appropriate level of detail.

Scalability

You decide which product version and the number of users needed and then scale up as needed.

World-Class Support

You get reliable User and Technical Support when needed.

Contract Advantage is FLEXIBLE!

Contract Advantage (CA) has been proven to be adaptable to many industries.  CA has been purpose-designed for flexibility:  all fields, sections, pages and buttons can be renamed to align with your business and industry.

Each contract type can have its own set of data fields and groupings.  All of this is implemented through a series of templates–contract type, contract document, contract requests, approval workflows, digital signature workflows, and more.

The templates enable the system to align with your industry and your business.

Contact us for a demonstration!  In the meantime, watch the Flexibility video on the left to get a taste of just how adaptable CONTRACT ADVANTAGE can be.  Just click on it to view!

Some of Our Valued Clients

Contact Us - Great Minds Software - Contract Advantage