Terzo

Gatekeeper is a powerful, AI-driven contract management solution that gives businesses total control and visibility over their contract agreements Gatekeeper helps its customers: Reduce costs. A clear line of sight of all contracts enables customers to identify wasted spend and areas for consolidation as well as actively managing all contract renewals. Save time. Automating contract processes using Gatekeeper’s workflow engine minimises manual effort and ensures agreed procedures are followed every time. Mitigate risks. Gatekeeper’s customers minimise their contract risk through effective categorisation and management as well as through establishing fully auditable records of all contract activity. Realise agreed contract benefits. Research shows that an average 50% of negotiated savings are never realised after a contract is signed. This is because of a lack of monitoring and oversight. Gatekeeper keeps customers on track.

Standardize and automate the contract lifecycle with Newgen's AI-first Contract Lifecycle Management —from initiation, creation, negotiation, and execution, to expiration. Empower users with end-to-end visibility of contracts across your organization for improved compliance, lower risks, and higher employee productivity. Leverage our automation tools to enable smarter contract authoring and contract information tracking. Automated processes, including contract authoring, review, registration, renewal, termination, and request for contract addendums. Tracking of results from public expenditures to ensure that payment is commensurate with performance. Escalation matrix, imported from the customer’s active directory, to automatically define escalation structure. Clause repository, containing data related to contract clauses, like clause ID, name, and content.