With a geographically distributed workforce, many local, national and international suppliers and a raft of research and other projects, the organisations Procurement and Legal departments create around 2,000 new contracts each year. Adding in other contract originators, the overall contract landscape was becoming increasingly complex, time consuming to manage and did little to aid collaboration.
The organisation recognised the challenges they faced and set out to address their main objectives of establishing a central contract repository, where all executed contracts would be stored, providing a single source of the truth, and to manage the full contract lifecycle from request, draft, review, approval and milestone management, performance and renewal.
Dolphin Contract Manager, which sits on Microsoft SharePoint, has increased the level of self service, improved efficiency with process automation and has laid the foundations for future initiatives to further enhance contract and related processes. With over 300 staff needing to create contracts, and many more requiring access, the solution has addressed their needs providing transparency, consistency and process efficiency.
Ulf Zetterberg, Founder and CEO, Seal Software and Dolphin Software said, Were delighted with the success this organisation has had in deploying Dolphin Contract Manager. They are now able to rely on Dolphin to provide the one source of the truth when looking at their contracts. Theyre benefitting from improved, streamlined processes and can ensure there is full transparency within their organisation, managing contract milestones, to minimise risk and maximise value.