Automotive Contract Automation
Automotive: An Industry’s Resurgence
The global automotive market has seen vast highs and lows these past five years with some of the highest sales and production rates in 2006 and 2007, to the bottom falling out of the market in 2008 and continuing through 2009. In 2010, the global market saw significant improvements. The US market led the way growing 11% year-over-year with predictions for continued yet moderate growth over the next few years.
Automotive vehicle and parts manufacturers and all tiers of the supply chain are impacted by the U.S. growth rate – even European and Japanese car makers experienced an upturn in U.S. sales which is helping offset their sluggish domestic markets. The collateral effect of the recovery of the automotive US market is moving through all tiers of the supply chain and starting to have a positive impact.
Exari Contract Assembly and Automation Solutions
In order to capitalize on this market resurgence and to improve their competitive positioning in an aggressive global market, automotive vehicle and supply chain manufacturers are looking for ways to:
- Improve business process efficiencies
- Further accelerate revenue growth and
- Reduce operational costs.
Major car manufactures use Exari Contract Assembly to accelerate the generation of various “sell-side” contracts including:
- Dealer agreements
- Equipment lease agreements
- Credit agreements
- Franchise agreements
- Indemnification agreements
- Non-disclosure agreements (NDAs)
- Distribution agreements
- Purchase and sale agreements
Exari also offers optional modules to enable these organizations to manage contracts throughout the business life-cycle by providing:
- User and management dashboards
- Contract approvals
- A contract repository/document management system (DMS)
- Reporting
- Analytics capabilties
Click here for more information on Exari Contract Assembly or Exari Contract Automation.