Hubble Inc. (Headquarters: Shibuya-ku, Tokyo), provider of the contract management cloud service 'Hubble,' has released the 'Parent-Child Contract Condition List View' feature for 'Hubble' and 'Hubble mini.' This feature links multiple parent-child contracts to display currently valid terms in a single list.
Background: Managing Complex Contract Bundles as a Continuous Timeline In B2B transactions, contracts are rarely one-and-done. Long-term agreements such as commercial leases for multi-store retail or procurement in manufacturing involve repeated amendments (memoranda) for price changes or period extensions. Previously, identifying the 'current valid terms' required manually tracing back through all past documents, creating risks of billing errors or missed renewals.
Value Proposition of the New Feature The new feature unifies the master agreement (parent) with related individual contracts and amendments (child/grandchild). It automatically extracts and displays the latest valid terms, such as unit price or expiration date, in a summary row. This eliminates the need for staff to search through history row by row, ensuring instant identification of critical transaction details.
Key Use Cases - **Food & Beverage / Retail**: Managing rent fluctuations and ownership changes (succession of status) in tenant lease agreements for multi-store operations. - **Manufacturing / Wholesale**: Tracking frequent changes in material unit prices, delivery locations, and inspection sites due to inflation, also serving as reference for legal compliance like the Subcontract Act.
About 'Hubble' Hubble is a contract management infrastructure cloud service with a 99% retention rate. It supports the entire process from AI-driven review requests to the management of executed contracts. Fully compliant with Japan's Electronic Bookkeeping Act, it offers robust API integrations with existing communication and e-signature tools.
FACT BOX
- Source: PR TIMES
- Category: New Product
- Products / services: Hubble / Hubble mini