Realyst is primarily a Contract Management Solutions house that offers both consulting and software to ensure that you create and manage your contracts effectively, efficiently and according to best practice guidelines.
Combining our range of products we allow an organisation to enter the new digital age - our systems can be designed and customised for solutions ranging from simple processes to complex systems.
What is Contract Management?
Contract management is the process of creating, implementing and managing contracts to increase performance and reduce legal and financial risk. These contracts can be made with employees, suppliers, vendors or partners to the organisation.
A contract management system includes software as well as processes to streamline the contract management cycle.
Why is Contract Management Important?
Contract management is important across all business sizes and industries. Not managing your supplier or employment contracts can often lead to financial and legal risk, which is easily eradicated with modern contract management software such as RealContractâ„¢. A few of the benefits of contract management are:
Reduced financial leakage
Reduced legal risk
Critical insights into your supplier and consumer relationships
Visibility of your key deliverables
Correct contract governance
Alerts and notifications on expiry dates, obligations and tasks
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