RenewalTracker

Not knowing how many active contracts you have, where contracts are stored or who is responsible for them can expose your organization to unnecessary risk. Are contracts scattered around your organization? Can you easily search and retrieve the latest versions? Are you aware of all upcoming termination and renewal dates? Are you paying for services you’re not receiving? Are contracts going out without being reviewed by your legal team? The more contracts your organization has, the harder it is to keep track of where they are and who is responsible for them. If not proactively managed, contracts can put your business at risk for hundreds of thousands of dollars in unrealized benefits or non-compliance penalties. Your business needs a contract management software that will manage the full contract lifecycle, from contract requests and approvals through to obligation management and renewals.

Gatekeeper is a powerful, AI-driven contract management solution that gives businesses total control and visibility over their contract agreements Gatekeeper helps its customers: Reduce costs. A clear line of sight of all contracts enables customers to identify wasted spend and areas for consolidation as well as actively managing all contract renewals. Save time. Automating contract processes using Gatekeeper’s workflow engine minimises manual effort and ensures agreed procedures are followed every time. Mitigate risks. Gatekeeper’s customers minimise their contract risk through effective categorisation and management as well as through establishing fully auditable records of all contract activity. Realise agreed contract benefits. Research shows that an average 50% of negotiated savings are never realised after a contract is signed. This is because of a lack of monitoring and oversight. Gatekeeper keeps customers on track.