Risks of Traditional Contract Management
Managing thousands of contracts and installments manually is a major financial and legal burden
Human Calculation Errors
Errors in installment scheduling or calculating interest and arrears.
Document Loss
Difficulty accessing old contracts or missing addendums in paper archives.
Delayed Collection
Lack of automatic alerts leads to forgetting payment dates and accumulating arrears.
Contract Management System Features
Smart Contract Generator
Auto-generate contracts based on approved templates and customer data.
Automated Installment Scheduling
Create flexible payment schedules linked to dates or completion milestones.
E-Signature Integration
Send and sign contracts digitally via approved and documented platforms.
E-Invoicing System
Issue tax invoices compliant with ZATCA requirements.
Contract History Audit Trail
Full tracking of all modifications, addendums, and contract statuses.
Settlement & Legal Management
Follow up on financial settlements and legal actions for defaulters.
Contract Lifecycle in Mateen
Contract Request
Convert sales opportunity to contract draft.
Review & Approval
Internal workflow for terms approval.
Signing
Digital or paper signature and contract archiving.
Execution & Collection
Activate installment schedule and monitor flows.
Closure
Issue final clearance and title transfer.