Products and Platforms
TCS TAP™
TAP™: A Cloud-based AI-powered Source-to-Pay Platform
Highlights
- Easy-to-use multi-lingual UI with guided navigation steps for contract creation/amendment
- Automated alerts and notifications for upcoming renewals, expirations, and usage alerts to take timely actions
- Centralized repository for contract templates
Overview
Enterprises today struggle with fragmented, manual contract processes, which lead to poor visibility and compliance risks. Organizations need centralized visibility, faster cycle times, and tighter compliance across an increasingly complex contract landscape.
TAP’s Contract Management centralizes and automates the contract lifecycle—from drafting to renewal—with built-in approvals, analytics, and risk controls. It empowers legal, procurement, and business teams to drive faster, compliant, and more strategic outcomes.
CAPABILITIES
Add, modify contract templates, search templates using multiple parameters
Create contract, amend contract, search, and audit trail
Contract analysis, summarization, and comparison; review and approvals
Custom contract expiry/renewal alerts and email notification for specific milestone dates, etc.
Dashboards for contract status, alert details with contract no, alert type, and alert date, reports by contract summary, etc.
GenAI-assisted contract summarization and contract comparison
Benefits
- Centralized repository with ease of access to contracts
- Enhanced monitoring with regular reminders/alerts on contract renewals.
- Improved compliance and governance
- Efficient risk assessment of contract clauses with GenAI
Streamline, secure, and strategize every agreement with TAP’s Contract Management — your AI-enabled contract lifecycle solution for enterprise-wide control.