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Handling contracts through emails and manual processes creates inefficiencies, delays, and a lack of real-time visibility. Tracking contract status becomes a challenge, impacting key teams and overall business performance.
Who is Affected?
- Legal & Paralegal Teams – Struggle with manual approvals and tracking.
- Finance & Procurement Teams – Face delays in processing contracts.
- CFO – Lacks visibility into contract status and financial impact.
Key Business Challenges:
- Slow, manual contract movement between stages.
- Wasted time tracking contract status.
- No visibility into who is holding the contract.
- Missed renewals leading to potential revenue loss.
- Lack of insights due to no centralized data or KPIs.
Our Contract Management Solution:
Our automated contract management system streamlines approvals, enhances real-time tracking, and ensures seamless collaboration—saving time, reducing risks, and improving efficiency.
Business Solution
Building an easy-to-use and track Contract Management System with defined stages, owners,and limited window time. All Information in one spot Reminders and notifications will remind each contract and stage owner how many contracts they have in their bucket so they can pay attention.Build a dashboard that provides instant and accurate KPIs to the financial team to see gaps and improve Result.
What We Do
In collaboration with Microsoft, we possess the requisite experience and expertise to facilitate the modernization of your application portfolio within the Azure cloud.
- Accurate Contract Information like :
- Contract Status/Stage
- Contract Owner
- How long in a specific stage
- An automatic process to move the contract from one stage to the nexttime and energy saved knowing what current and next steps are required for each contract.
- No manual intervention is needed.
- Meaningful Information/KPI
- Average TimeTime for closing a contract
- Time-consuming stages vs faster stages
- How many contracts per month/quarter/year that leads to predictable revenue
- Financial, Legal, and Paralegal Leadership have meaningful KPIs that enable them to focus on enhancing processes and problematic areas rather than wasting time chasing Information down.
Mohammed Khaliefa
- Co Founder