A guide to Sage contract management

Discover how Sage contract management works, and how an integration with Juro can eliminate repetitive contract admin for your legal, finance and ops teams.

What is Sage?

Sage is an accounting software solution designed for small to medium-sized businesses. It offers a range of tools for managing finances, including invoicing, payroll, payments, and expense tracking. 

Sage streamlines financial processes, helping businesses maintain accurate records and ensure compliance with tax regulations.

But how can Sage be used for other important transaction stages, like managing contracts?

Can you manage contracts in Sage?

While Sage excels in financial management, it lacks dedicated contract management features needed to create, sign, and progress legal agreements tied to accounts. 

Fortunately, an integration with platforms like Juro via Zapier can bridge this gap. Juro provides advanced contract management capabilities, and when connected to Sage, it can automate many contract-related tasks.

Let’s explore this workflow, and what’s possible, now. 

Sage contract management: how it works 

1. Automatically create a new contract in Juro when a new invoice is created in Sage

Juro’s integration with Sage enables you to automatically generate a contract in Juro whenever a new invoice is created in Sage, simply by setting up the following Zaps:

When an invoice is created in Sage, Zapier captures the details such as client name, payment terms, and invoice amount. These details are then used to populate a new contract template in Juro, which is automatically generated and sent for review and approval. This ensures that all financial transactions are backed by proper contractual agreements.

2. Automatically generate a new invoice in Sage when a contract is created in Juro

Alternatively, you could flip the process and set up a trigger and action so that, upon creating a contract in Juro, Zapier generates an invoice in Sage using the contract details like client name, contract value, and payment terms. This ensures prompt invoicing and helps in maintaining a steady cash flow. It can be achieved by setting up the following Zaps: 

You can also use the integration to update purchase invoices, create customers, or create services, when a contract is created or updated in Juro. You can find the full range of actions and triggers here. 

How to set up Sage’s contract management integration 

Best of all, Sage’s integration with contract management platform, Juro, is quick and easy to set up, with no coding required. Here’s how you do it:

1. Create a Zapier account: Sign up for a Zapier account if you don't already have one.
2. Connect Sage and Juro: In Zapier, connect your Sage and Juro accounts.
3. Choose a trigger in Sage: Select an event in Sage to start the automation, such as the creation of a new contact payment, or an invoice.
4. Set an action in Juro: Define the action that should follow in Juro, like creating a new contract.
5. Test and activate the Zap: Run a test to ensure everything works correctly, then activate the Zap to automate your workflow.

Benefits of integrating Sage and Juro for contracting

Using Sage to manage contracts (via an integration with Juro) unlocks the following benefits for legal, finance, and ops teams:

• Faster and more efficient contracting: Automating contract workflows saves significant time for legal, finance, and operations teams by reducing manual data entry. For example, when a new invoice is created in Sage, a corresponding contract can be automatically generated in Juro, streamlining the process and allowing teams to focus on more strategic tasks.‍
• Increased accuracy and fewer mistakes: The integration minimizes errors associated with manual data handling. This is because the data is synced between the two different platforms and automatically updated in both, ensuring consistency and reducing the risk of discrepancies.‍
• A single source of truth for transactions: By linking Sage and Juro, all contract-related information is stored and managed in one central location. This centralization makes it easier to track, retrieve, and manage contracts, improving organizational efficiency and reducing the likelihood of lost or misplaced documents.‍
• Enhanced visibility and tracking: Juro's automated reminders and updates help maintain compliance by tracking deadlines and ensuring that contracts are stored securely. For example, Juro can send reminders for contract renewals, which Sage captures, prompting timely action and reducing the risk of non-compliance.‍
• Valuable insights into contracts and processes: Centralized data provides valuable insights that aid in strategic decision-making. Teams can analyze contract performance, monitor compliance, and identify areas for improvement. This level of insight is crucial for making informed business decisions and optimizing contract management processes.

These Zaps automate key aspects of contract management, reducing manual work for busy legal and commercial teams, and improving accuracy in the process. By integrating Sage with Juro through Zapier, businesses can streamline their operations and ensure that their contract management processes are efficient and effective. 

To find out more about Juro and how it can be integrated with 5000+ tools, including Sage, fill in the form below to book your personalized demo.