Is your contracting ecosystem leaving money on the table?
Inefficient control and management of contracts costs businesses more than $153 billion per year. But, according to research conducted by Aberdeen Group, improvement of contracting operations can cut total supply costs by 7% and increase revenues by 2%, on average.
Benefits We Provide
Current legal automation and analytics software offerings can extract the specific terms and provisions needed for a host of uses, like regulatory compliance. And it can do so across all repositories. The use of artificial intelligence, can be specific to the organization’s unique needs, in that users can teach the system to look for specific provisions and clauses.
Benefits of our solutions include:
- Increased speed and efficiency — Expedited document gathering and review
- Ensure the contracts adhere to regulatory requirements
- Train the software to detect clauses specific to your business
We conduct interview sessions with stakeholders, user groups, support and operations to understand current state, desired outcomes, how governance, policies, rules and systems architecture can achieve desired business results.
We explore with the customer team, new AI/ML enabled technologies, map point solutions to re-imagined process and practices. Establish investment, ROI and launch opportunities.
Applying a high degree of discipline and competence we ensure that the project outcomes happen on time, on budget and that they are measured only against customer needs and goals.
We ensure that insight has been achieved that will be the foundation and framework for all future investment in the areas we build.
We leave the customer with a forward looking roadmap that will ensure the solution that is in place has longevity and meets the needs of ever changing of business and customer demands.
READY TO TALK?
See how IntelScout can help your business unlock actionable insights from your contracts.