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Contract Risk Playbook: Risks Hiding in Plain View

An Advanced Guide for Corporate Boards and Senior Executives

Learn how business intelligence and contract management can help you reduce risks, uncover waste and improve your firm's performance. Implementing a contract risk management plan from an enterprise view will help you improve operational excellence while reducing risk.

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This playbook will help Board of Directors and Senior Executives to:

Understand Exari icon

Understand

Understand the changing demands within the Financial Services industry

Learn Exari icon

Learn

Learn new approaches that provide real-time visibility into contractual risks

Exari Assess icon

Assess

Assess their firm’s current situation and tracking interrelated risks

Exari Identify icon

Identify

Identify what steps to take for implementing an internal risk management campaign

 

 Survey results* show major Contract Management concerns

Exari eliminates CM challenges with 100% Contract Certainty™ 

GAIN UNPRECEDENTED VISIBILITY

More than 81% said finding contracts is a major concern

INSTANT ACCESS

54% said they have difficulty accessing specific terms and clauses

GET ORGANIZIED

66% of companies rarely keep track of side letters or supporting documents 

Exari Contract Risk Playbook Survey Results

STAY IN COMPLIANCE

60% say they do not track contingent liabilities 

ANALYZE AGREEMENTS

61% said they had no idea of the interdependencies among their contracts

KNOW YOUR RISK

75% of the surveyed companies named contractual risk to be a major concern

*Study conducted by the National Contract Management Association, a leading professional resource with over 20,000 members. 

What our customers are saying about us...

"This initiative is a great example of the success that can be achieved when proven technology combines with a skilled team. Exari’s multilingual document generation capability is of great interest as Lloyd’s reaches out to emerging markets."

Sean McGovern

Chief Risk Officer and General Counsel, Lloyd's

"Using technology such as contract automation software and, in particular, the clause library has enabled us to offer our clients all of our traditional services but in a new efficient way. Exari provides a platform that allows us to develop dynamic solutions which are more efficient, consistent and save valuable time for our clients."

Andrew Scott

Partner, Bond Dickinson

"Organizations are discovering that improved contract management yields major financial returns. Gaining visibility is a critical step. Having all contracts in one central, searchable and secure repository provides control and insight into this essential area of business activity."

Tim Cummins

CEO, IACCM
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