Better contracts, better bottom line
Contract management and workflows that maximise productivity.
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Companies with effective contract management processes save an average of 9.2% of their contract value.
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Companies with automated contract management processes experienced an average of 11.9% increase in efficiency.
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Contracts are signed quicker, say 88% of companies since implementing automated contract management.
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41% of companies experience fewer disputes with automated contract management processes.
CONTRACT MANAGEMENT
When labour is your biggest cost, you need to make it your biggest asset
Drive home your competitive advantage through robust contract management at scale.
Draft, modify, sign, and store the most important documents in your business – without wasting time on manual processes and risking human error in repetitive tasks. Our automated contract workflows will help you find efficiencies and maximise the value in your people.
Industry-wide connections
With more than 30+ years of experience, we’ve developed long-standing and trusting relationships with our suppliers. Having utilised their expertise time and time again – as well as continually testing brand new product releases – we’ve got a thorough understanding of many market leading solutions.
Collaborate, create, consult
Our consultative, commercial approach means you’ll never get anything ‘off the shelf’. Working closely with you and your teams, we’ll build a bespoke system that takes into account the specific nuances of your business, and the objectives you’re trying to hit. As your partner, we’ll take aim with you.
OVERCOMING YOUR CHALLENGES
Signed, sealed, delivered – and much more
Contract management goes far beyond protecting the interest of each party.
From drafting your terms to modifying with version control, and extensive signing options with flexibility built in – our workflows provide a robust audit trail and are protected by permissions throughout. Storing and automatically deleting in line with compliance, backed up with records and evidence, your contract workflow will quite literally take care of itself.
Five common challenges of contract management:
Time
Manual document processes, and unmanaged ‘to-and-fro’ cycles for review and follow-up actions, mean that the contracting process can be frustrating and time consuming.
Access to information
Organisations often have information such as pre-agreed terms and previous contracts stored in multiple locations. A lack of access and structure can make them difficult to find.
Integration
Many organisations are using cloud-based technologies such as Microsoft365 or Google Workspace. A lack of integration inhibits the contracting process and increases both time and complexity.
Visibility and control
It is difficult to track the status of a contract as it develops, understand which milestones have been met, raise alerts and escalations or provide audit reporting.
Reviews and Approvals
Although electronic approvals and signatures have been in use for several years, contract documents are still often printed and sent by post for multiple reviews and wet signatures.
Don’t just take
our word for it…
Commercial deliver. We are fortunate to work with some amazing partners. Here are some examples of great things we hear every day.
Click here to gain a competitive edge with Commercial’s expert advice.
Request a call
Contact us today
WE ARE UNIQUE
International integrity
We work with some of the largest employers in the world and our contract management services have endured the most rigorous of trials. You can rest easy knowing that our technologies, partnerships, process and services have been put through their paces – and delivered against client requirements.
Alastair Adams
Director
HOW YOU BENEFIT
Taking responsibility for your contract management and so much more.
We’re hands on with our clients – doubling down and triple checking all of our commitments to you.
But we go way beyond our SLAs. Our core commitments to innovation, sustainability, and good business practice means we’ll challenge you on the biggest issues in business. We’re on a mission to create social value in every relationship we make – and the only way we’ll get there is by truly partnering with you.
%
Of time is saved using digital contract completion, compared with paper.
%
of executives report that their digital contract management practices save money.
Innovation and insights
Document digitisation is driving businesses forward
The importance and use of print and paper is declining, as digitisation powers a hybrid world.
What’s more, increasing use of cloud sharing and storage is eliminating paper-based challenges like version control, providing a single source of truth rather than countless variants.
And while artificial intelligence (AI) & machine learning (ML) brings greater use of predictive technology and templating, reducing the human element in drafting contracts, digitisation is simultaneously making collaboration more straightforward.
It’s common for processes to involve groups of documents which need to be kept together – whether for legal or medical cases, or recruitment onboarding and HR. Intelligent document processing and digital contract management is creating higher visibility and more teamwork between various interested parties.
Our process
How we work
01
Discover & assess
First, we listen to your requirements, audit your physical and digital setup, and establish your current practice.
02
Consult & recommend
We’ll consult your key stakeholders and make recommendations to meet your needs and budget.
03
Design & test
Future state design options are presented, and a route chosen for piloting proof of concept.
04
Implement & manage
Then we manage the process of rolling out software, hardware and processes, from start to finish.
05
Review & optimise
Once implemented we review; checking the solution meets the original goals and adjusting as required.
06
Innovate & grow
As partners, we’re here to flex as your needs evolve; taking the same project to additional departments or advising on another aspect of your digital workspace
Established in
1991
Don’t just take
our word for it…
Commercial deliver. We are fortunate to work with some amazing partners. Here are some examples of great things we hear every day.
Click to unlock the potential of your business with Commercial’s expert advice.
Request a call
Contact us today
Frequently Asked Questions
Explore our Frequently Asked Questions section to find answers to common queries about our products and services, helping you navigate your way to a better understanding.
What is automated contract management?
Automated contract management is the process of using software and other digital tools to streamline and simplify the contract creation, negotiation, execution, and management processes.
How does it benefit my business?
By adding more efficiency, accuracy, and visibility into the contracting process. It also enables faster execution of contracts and better compliance with legal and regulatory requirements.
How does it work?
By automating the tasks involved in creating, negotiating, and managing contracts. This includes creating and editing documents, tracking changes, managing workflow, digitising approvals, and providing analytics.
What is a contract lifecycle management system?
A contract lifecycle management system is a comprehensive solution for managing the entire lifecycle of a contract. It includes features such as document creation and editing, automated workflow, approvals, storage, analytics for reporting, and audit trails for compliance visibility.
EXPLORE OUR SERVICES
Other areas of interest
We offer more than just software support: our specialists are here to maximise the potential of your business, enhance efficiency, and create a smarter, safer business environment for you.
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Onboarding Processes
Optimise your onboarding processes with our tailored solutions. We automate paperwork, streamline training, and provide a smooth experience for new employees.
E Forms & Approvals
Digitise and automate your e-forms and approvals with our expert services. Improve efficiency, reduce manual errors, and enhance collaboration with our user-friendly and secure solutions.
Send our Process Automation team a message
Our team will tailor solutions, empower your organisation to automate repetitive tasks, optimise workflows, and enhance collaboration. From routine data entry to complex decision-making processes, we deploy state-of-the-art technology to increase efficiency and reduce errors. Say goodbye to manual inefficiencies and embrace the transformative power of automation. Discover how our process automation services can revolutionise your business today.
Co-founder and managing director
Customer Safety:
At Commercial, customer safety and data security are paramount.
That’s why we utilise one-time passwords (OTP) to verify email addresses and ensure a secure user experience.
When communicating with us via our website, you’ll receive a unique OTP via email, which acts as a temporary code to confirm your identity.
This additional layer of authentication safeguards against unauthorised access and protects your personal information from potential threats. By implementing OTP verification, we maintain the highest standards of confidentiality, providing our valued customers with peace of mind and a safe environment for their online interactions.
Your trust is our priority, and we are committed to upholding the utmost security measures to protect your data at every step.