Contract Lifecycle Management Solutions for Chief Financial Officers

Solutions Perspective - Finance & Compliance

“Producing the contract in a controlled environment like this reduces the opportunities for people to meddle with the terms. Unfortunately sales people often tend to be ready to move onto the next deal before the signatures have been collected on a paper contract..”

Cisco Systems

Do your business contracts keep you awake at night?

Certainty Non standard deals cannot be executed without legal review and approval	Revenue Acceleration Eliminate days or weeks from your sales cycle and bring forward revenue
Proof of Compliance All documents and the deal information within them are stored in a contract database to provide a robust audit trail of contract activity	Legal Cost Savings Get more from your Legal team and eliminate spend on external counsel to manage deal flow.

Can you be certain of the business commitments your Sales organisation is making each time it writes a contract? Have you ever recognised sales revenue that you shouldn’t have?

Short of having lawyers write very single contract most businesses struggle to ensure that their Sales contracts strictly comply with commercial policy.

ContractExpress has solved this problem for some of the world’s leading corporations by offering legally safe, self-service contract drafting and lifecycle management for business users. The system works by taking pre-approved contract terms and adapting them to suit the requirements of a particular deal. Where a Sales person requests terms that are standard and compliant a fit for purpose document is generated in seconds accelerating the time taken to execute the deal and close business. Where a request falls outside corporate policy, the specifics are identified, the user is offered alternative fallback terms or if required the request is automatically forwarded to Legal or Compliance for review. All documents are then committed to a searchable and auditable library of contracts.

With ContractExpress Legal and Compliance teams are freed from having to review every deal, but retain the certainty that business standards have been met. Instead, they are freed up to concentrate on non standard, complex deals where they can really add value.