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How often have you spent time looking for a contract, figuring out
which is the latest version of an agreement, sorting through which of your terms and conditions
are your standard positions, or taken a closer look at your organization’s potential risk
profile? How often have you missed an opportunity to pass along a price increase or worse
yet, missed a contract renewal all together? If you’re like a lot of organizations, more
often than you would like to admit. It doesn’t need to be this way.
Novus Law can help you organize and manage your contracts and other important documents so
you can find things easily, understand what you have, and make sure you don’t miss any
important events like renewals or price increases.
Contract management, review and analysis services include preparing, administering and
managing contracts, and optimizing contract portfolios, to make sure your contracting
principles are applied consistently and that you realize the full advantage, or risk,
of everything that is in your contracts. Services also include designing and building
secure online document and contract management repositories so you can easily find your
contracts, know what’s in them and manage them more efficiently and effectively than
ever before.
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Better contract management, review and analysis is exactly what a large-scale commercial
property company was seeking when it asked Novus Law to help it manage its lease portfolio
and supplier contracts across multiple locations. After designing and building an interactive
online contract management repository to store and manage documents, our firm gathered,
abstracted, analyzed and docketed all of our client’s tenant leases and supplier contracts.
Today, key information is just a few clicks away, better portfolio management is helping
to generate more revenue, and a better understanding of supplier contracts is helping to
keep costs down.
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