Contract Automation and Risk Management for the Retail Industry

RESOLVE CONTRACT CHALLENGES

With automation and risk management tools, you can overcome contracting pains, like the lack of productivity leading to higher costs and lower margins; burdensome tracking of supplier obligations leading to less fulfillment; and poor visibility into supplier contracts leading to delayed negotiations.

FULLY AUTOMATED CONTRACTING

Automate contract and risk management, to increase efficiency, remove human errors, and reduce cost exposure, as well as alleviate the strain on legal, procurement, and sales teams.

EASY OBLIGATION TRACKING

Easily pull delivery obligations from supplier contracts and assign tasks for monitoring purposes — with the help of artificial intelligence — to track and make good on deliverables.

COMPLETE CONTRACT VISIBILITY

Gain more insight into business contracts and franchisee relationships, to better manage high-value, high-volume contracts with suppliers and customers.

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MAXIMIZE BEST-IN-CLASS CAPABILIITIES

By leveraging features and functionalities — embedded with industry-leading, AI-powered technology — you can have more visibility and control over your supplier agreements.

CENTRAL CONTRACT REPOSITORY

Use a repository for all contracts — with built-in version management, hierarchy mapping, audit logs, and advanced search — to speed up retrieval of agreements, elevate governance, and increase negotiating power.

MONITORING OF KEY TERMS & DATES

Extract 80 clauses specific to supplier contracts with AI — and automate alerts for expiration dates, escalation clauses, and renewal dates — to alleviate manual work, accelerate review, and reduce revenue leakage.

ADVANCED REPORTING & VISUAL ANALYTICS

Customize reports and dashboards that display important contract information, to get overall visibility and actionable insights that are so critical to strategic, data-driven decision-making.

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