When it comes to contract lifecycle management, legal operations and contract administrators carry a heavy burden. Their contract workload seems to be always increasing, but the resources usually don’t keep pace.
If any of these contract lifecycle management challenges have kept you up at night, then you already know you need a better way to manage workload and mitigate the risk so often experienced when managing contracts.
You can improve the turn-around time for contract requests and ensure your company stays in compliance with its commitments.
In a world of “do more with less”, how can legal teams and contract admins survive? They need to keep track of all their contracts and try to create contract lifecycle management efficiency. At the same time, they have to be sure they haven’t taken on too much risk or missed an important milestone in those contracts. On top of that, it’s not uncommon to have colleagues demanding to know why their contract “has gotten stuck in legal”. With so much pressure from within and without, legal teams and contract admins need a contract lifecycle management solution that addresses the very real problems they face. If you have ever asked yourself any of the following questions, then you know these challenges all too well. And if you are faced with a growing mountain of contracts and no new resources to help, then you’re in the right place.
Malbek Contrax™ is a state-of-the-art software solution built by contracting professionals with decades of experience solving these exact problems. If you’ve ever wished you could safeguard and expedite your contract approvals and manage the end-to-end contract authoring lifecycle, then you’re in the right place. Malbek Contrax allows you to:
Get a handle on your overflowing piles of contracts
Author and approve contracts seamlessly
Maintain consistency and control over legal language
Avoid rogue contracting
Let AI bring powerful insights to you
Malbek provides a modern, cloud-based contract management solution with a user experience that delights. Sales, Legal, Finance, and Procurement teams can all achieve contracting efficiencies. See it for yourself.