Today, we are going to show our white-labeled contract negotiation and management platform to one of the country’s biggest banks.
We are a legal outsourcing company. We are pitching the bank that we do their procurement for them. The bank has 100 procurement specialists and 10 attorneys on staff, so getting this assignment would be big win for our team. We believe one of the benefits of working with us is that we use ContractRoom.
Here’s how the client benefits from using ContractRoom with our outsourced procurement team:
We are a legal outsourcing company. We are pitching the bank that we do their procurement for them. The bank has 100 procurement specialists and 10 attorneys on staff, so getting this assignment would be big win for our team. We believe one of the benefits of working with us is that we use ContractRoom.
Here’s how the client benefits from using ContractRoom with our outsourced procurement team:
- ContractRoom allows us to negotiate with the counterparty real-time. Our client can be included in the negotiation as an active negotiator or a passive viewer, giving them complete transparency into the transaction. Since the bank employees has visibility into activity, we act as a virtual division of their company, without the expenses or administrative burden.
- ContractRoom keeps track of all transaction history, who changed, accepted, and approved what and when. Plus, all these activities are time stamped and securely saved as a case file.
- Since ContractRoom is an online negotiation, SaaS software platform, the client can access the transaction anywhere, anytime with Internet access.
- For any financial institution, regulatory compliance is critical. With their and our legal team seamlessly connected through the cloud we can prevent user errors and regulatory compliance breaches.
- Security is a must. ContractRoom software is hosted by one of the top hosting companies in the world. The system itself has bank level security with industry standard secure socket layer technology and data encryption. Plus the hosting service features state-of-the-art security and data protection and the highest level of SaaS certifications.