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Contract Lifecycle Management

Slow, manual and inconsistent contracting processes hold businesses back. Consilio helps you transform how contracts are created, negotiated and managed - reducing friction, controlling risk and helping your business move faster.

Make Contracting Work Better for the Business

Contracts sit at the heart of the organisation, but slow, manual and inconsistent contracting processes can consume legal resources, delay commercial activity and make obligations and risk harder to manage.

Consilio helps organisations transform contracting across the entire contract lifecycle.

Our Contract Lifecycle Management (CLM) experts work across Legal and key business functions, including Sales, Procurement, Finance, Operations and Compliance, to understand how contracts move through the organisation today and where processes, technology and data can work better.

From CLM strategy and process design through technology selection, implementation and ongoing optimisation, we help build a contracting environment that reduces friction, improves visibility and control, and enables the business to move faster.

Transform the Entire Contract Lifecycle

Effective CLM is about more than implementing technology. It requires the right processes, data, governance and technology working together across the contract lifecycle.

Consilio helps organisations improve contracting from the initial request through negotiation and execution to ongoing obligation and contract management.

Request

Create consistent routes into the contracting process, capturing the right information from the outset and directing requests to the appropriate workflow and resources.

Draft & Negotiate

Standardise templates, playbooks and negotiation processes to improve consistency and accelerate contract turnaround.

Review & Approve

Design clear review and approval workflows that reduce unnecessary hand-offs and help the right stakeholders make decisions at the right time.

Execute

Create a more consistent process for execution and ensure completed contracts and associated data are captured accurately.

Manage

Bring contracts, key terms, obligations, renewal dates and other critical information into a structured environment that makes the contract estate easier to understand and manage.

Optimise

Use contract data and performance insight to identify bottlenecks, improve workflows and continually increase the value generated from the contracting process.  

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Solutions that overcome unique challenges

Consilio has worked with hundreds of law departments around the world and we leverage our best practices, benchmarking data and department assessments to customise processes and solutions that overcome our clients' unique challenges. Our core offerings include:

Strategic Assessment & Advice
Our team relies on stakeholder interviews, industry best practices, current and future business goals, and existing people, processes, technology and workflows to identify gaps and opportunities for improvement.
Client-Focused Process Improvement
We design contract request, review and execution processes that meet the needs of your internal business clients, eliminating delays and inefficiencies.
Contract Management System Selection & Implementation
With our knowledge of contract management solutions and relationships with their suppliers, we help identify the solutions that best align with your goals, make informed choices, accelerate implementation and maximise the likelihood of an optimal outcome—and positive ROI—for all your stakeholders.
Contract Discovery, Review & Analytics
Using leading technology and our global document review capabilities, legacy contracts can be located, triaged, searched and reviewed, allowing you to identify and renegotiate underperforming contracts or expose areas of liability.
Cost Recovery
Our experts can conduct a thorough review of your existing contracts and help identify areas where contract terms are not being met, enabling you to increase revenue or to mitigate exposure arising from a failure to satisfy an obligation.
Template Optimisation
Our team reviews your existing template library and makes recommendations that accelerate the pace of business and mitigate exposure.
Obligations Management
We monitor terms and conditions to encourage proactive renewal and identify exposure.
Managed Services
Our team can develop, implement and manage your entire contract management process, tailored to the unique needs of your organisation.
Case Study

Post-Merger Due Diligence

The Issue
Consilio was engaged to identify and summarise contracts in connection with the pre-merger due diligence of two global companies.
Approach
Our team developed a process and workflow to facilitate the review and classification of over 7,000 contracts from 12 different countries across the Americas, Europe, and Asia. We then provided lawyers with the requisite multilingual skills and certifications to review the materials and conceptually identify key clauses.
Result
Our work resulted in a comprehensive database of contract intelligence used by all lines of business, legal and procurement to restate the necessary agreements to facilitate legal and regulatory review and the transition to the new business.

Reduce risk, increase value

“We knew we needed a better process to manage our contracts, but didn’t know which software was the best one for us. Your help in selecting the right solution and getting us up and running was invaluable.”
VP Compliance
Fortune 100 Company

Reduce risk and increase the value of your contracts

Connect with our experts today to start improving the performance of your contracts.