Organizations that poorly manage contracts often suffer from a lack of visibility and control over the contract process, leading directly to increased business risk and cost. In today’s business environment, it is critical for companies to employ contracting processes and supporting software systems that ensure Sarbanes Oxley compliance as well as compliance with organization’s contracting strategies, the terms and conditions of the contract, and provide strong process controls.

Mindlance’s Contract Management practice is focused on working with our customers to define and optimize their overall contract authoring and negotiation process and to implement software systems to support these processes. Our experienced, knowledgeable resources will work with your organization to:

• Deliver strategic and operational benefits to the organization by increasing contract visibility, compliance, reporting, and pro-active contract management.
• Standardize the contract management lifecycle and optimize the business process leading to reduced operating expenses and cycle times.
• Clearly define the key benefits and return on investment the organization will realize through the implementation of a contract management software solution.
• Clearly define and document the contract management lifecycle business process and requirements.
• Assist with selecting a software package to support the contract management lifecycle.
• Clearly define a plan to implement a contract management software solution to automate the contract lifecycle that avoids common implementation pitfalls and employs industry realized best practices.
• Provide services to fully implement a software solution to support the contract management lifecycle and integrate the solution with legacy applications.
• Convert your historical contract information to a new automated contract management solution.