What is an ALSP?
An ALSP, or Alternative Legal Services Provider, offers legal services outside the traditional law firm model. They typically focus on a niche and develop or invest in technology that addresses the niche.
What is contract management?
Contract management is the process of creating, negotiating, and overseeing contracts from its inception to completion to ensure compliance and achieve desired outcomes.
What is a playbook in contract management?
A playbook in contract management is a standardized set of guidelines and procedures that streamline the contract creation, approvals, desired terms, and negotiation process. Playbooks are customized to meet the needs of a particular customer or project.
What is M&A transition?
M&A transition refers to the process of managing contracts and operations during mergers and acquisitions to ensure a smooth transition while extracting the full benefits during the transition and setting the function up for continued optimization.
What is the difference between M&A transition and integration?
M&A transition focuses on the management of contracts and operations during the pre-close and post-close transitional phases of an acquisition, while integration involves permanent merging of the acquired company’s operations with the acquiring company’s operations after the deal is finalized.
What is an interim platform?
An interim platform is a temporary technology solution used during transitional phases to facilitate contract management, centralize contracts, streamline processes, and ensure continuity while transitioning to a permanent platform.
What platform do you use for transitioning contracts?
We utilize a range of technology solutions tailored to your needs during contract transitions. These may include industry-standard platforms or proprietary systems, depending on your requirements and preferences. Our goal is to ensure a seamless transition and effective contract management.
How can contract management benefit my organization?
Contract management can benefit your organization by reducing risks, improving compliance, enhancing efficiency, and optimizing contract terms, ultimately leading to increased margins.
What services do you offer for contract management?
We offer contract management services that include auditing, centralization, standardization, template drafting, interim technology solutions, and assistance with identifying permanent technology solutions. We use our proprietary CMaaS® allowing you to outsource all or part of your contract management function.
How do your In2insights dashboards work?
Our In2insights™ dashboards provide real-time contract and project status updates, summaries, and insights. They are customized to meet your specific needs and enhance transparency. All stakeholders can click a button and immediately see the status.
What is the OASIS Cycle® methodology?
The OASIS Cycle® is our proprietary methodology that simplifies and streamlines complex contract management processes to improve efficiency and effectiveness.
What is data privacy compliance, and why is it important?
Data privacy compliance refers to adhering to regulations and best practices for protecting individuals’ personal information. It is crucial to maintain trust and avoid legal repercussions.
What services do you offer for data privacy compliance?
We offer services to set up data privacy programs, assist with data mapping, update contracts with privacy language, negotiate Data Privacy Agreements (DPAs), and provide data privacy training.
How can your data privacy dashboards help my organization?
Our data privacy dashboards offer real-time tracking of compliance efforts, summaries of data privacy activities within our scope, and customized insights, enabling better management of data privacy initiatives.
How do you customize your services to meet each customer’s needs?
We work closely with each customer to understand their specific requirements and tailor our services, including dashboards, to align perfectly with their unique goals and objectives. We can also offer recommendations and suggestions based on our extensive experience.
What benefits can I expect from your contract optimization services?
Our contract optimization services can improve efficiency, reduce risk, enhance transparency, and increase the value of your contracts. It includes our In2Insights™ dashboards, tracker, and multi-disciplinary team of experts. The OASIS Cycle® guides our work and produces the best optimization outcomes.
What is the purpose of contract negotiation in contract management?
Contract negotiation involves reaching mutually beneficial terms and conditions with the other party to ensure that the contract aligns with your organization’s objectives and mitigates risks.
What role does technology play in contract management?
Technology, such as In2insights™ dashboards and trackers, streamlines contract management processes, provides real-time data, and enhances collaboration and automation.
How do you ensure data security and confidentiality in your services?
We implement robust security measures and adhere to industry best practices to protect your data and ensure confidentiality.
What industries do you serve with your contract management services?
We serve a wide range of industries, including but not limited to technology, healthcare, manufacturing, finance and real estate.
What types of organizations can benefit from your contract management solutions?
Our solutions are suitable for businesses of all sizes, including growing businesses, mid-sized enterprises, and large corporations.
How long does it take to negotiate a contract?
The duration of contract negotiations depends on the complexity of the terms, the number of parties involved, and the speed of communication. Our team is committed to expediting the negotiation process, and our average response time of 2 hours contributes to efficient negotiations.
How long does it take to review a contract?
The time needed to review a contract can vary based on factors such as the contract’s length, complexity, and the specific terms being examined. Our team is dedicated to swift and thorough contract reviews, and our average response time of 2 hours helps expedite the process.
How can I get started with your contract management and/or data privacy services?
You can get started by contacting us through our website or reaching out to our team. We’ll be happy to discuss your specific needs and provide a customized solution.
Contracts Managed
Deal Value
1. ORGANIZE
Compile everything in one place and organize it.
2. ANALYZE
Assess, strategize and plan the best path forward.
3. STANDARDIZE
Create a comprehensive playbook for every aspect of the project.
4. INSTITUTIONALIZE
Get everyone on the same page with shared transparency.
5. SYNERGIZE
Stimulate high impact, cooperative relationship.
Simplify and execute your contracts project.
1
Schedule
a call
2
Get a custom
playbook
3
Experience next-
level efficiency