Some of our 1,500 customers
Investor Relations news 5 october 2020
Contemplated private placement and listing on Merkur Market
Why contract management matters
Control costs, time, risk - and CFO stress
- Your organisation has far more contracts than you realise
- Contracts are unintentionally renewed without negotiations
- Unnecessary costs accumulate quickly and drain profit
- Lost or forgotten contracts make budgeting burdensome and inaccurate
- Contract control is dependent on key personnel which represents a considerable business risk
- IFRS 16 and Financial Lease compliance is demanding but essential
- Board members, owners and investors expect control, transparency and high performance
What's in it for your business
Smarter contract management improves CFO performance
- Cut unnecessary costs – positive impact on the bottom line
- Be prepared before contracts expire – no unnecessary breaks in service or unwanted renewals
- Less dependency on key personnel
- More certainty, more profit, less risk
- Rapid and accurate budgeting
- Enhance compliance and accounting
- Well-structured due-diligence processes
This is our solution
The basic features of Complete Control
- SaaS solution with cloud storage of all relevant documents
- Easy to register central meta data for all contracts
- Notifications before contract renewals and other due dates
- Easy to use dashboard and reporting tool
- Simple Excel import and export
- Works with all ERP systems
- Software and support in English, Swedish, Danish and Norwegian
- Powerful add-ons and extra modules
What some of our 1,500 customers say
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A central electronic archive for all contracts – along with automatic notifications before important due dates – reduces the risks relating to dependence on key personnel. The system also provides a better overview of the supplier portfolio, and this enables us to optimize the number of suppliers and the terms and conditions of contracts.
Norwegian Bank -
We have countless service contracts concerning our office premises – for instance security services, internet, electricity and coffee machines. In just a few clicks, I get the full overview. It is a joy for me as a CFO to be able to manage the contracts in Complete Control instead of having to look them up via the ERP system.
Norwegian media company -
Now, we are proactively managing vendor contracts – re-evaluating or renegotiating them before they expire. We saved money immediately because we could cancel unnecessary service agreements. With Complete Control, making estimates for next year’s budget is both fast, precise and easy.
Nordic Wholesaler -
Having 400 rental agreements and an annual rent bill of NOK 1 billion constitutes a considerable business risk. It’s very important that the leases we want to retain are renewed and/or renegotiated. With so many leases, this work must be automated, otherwise we could easily run into trouble that would cost us millions.
Nordic electronics retailer