Huron Consulting Group Launches Huron Legal Contract Creation Tool
kCreate Application Empowers Clients to Manage the Contract Process In-House
Huron Legal’s kCreate application generates a customized contract creation system tailored to each company’s unique business needs and empowers clients to manage the contract process in-house. It works within the existing framework utilized by internal contract and compliance teams and permits intervention and approval when necessary. The tool is designed to greatly reduce the time and manpower needed to create a contract – allowing the contractual process to keep up with the speed of business.
“In order to reduce costs, maximize revenue and ensure effective
delivery of contractual obligations, companies must effectively manage
and have clear visibility and control over all contractual obligations
and commitments,” said
Available on most mobile devices, the tool can easily be embedded into an intranet or legal portal enabling corporate law and compliance departments to:
- Reduce overall contracting spend
- Manage supply chain and improve operational decisions
- Minimize financial and legal risks
- Improve speed to market for new goods and services
- Enhance decision making via embedded business analytics throughout the contract drafting lifecycle
“In many organizations, the contract management process is still a
manual, slow, inefficient, and ineffective process where companies are
leaving money on the table,” said
To learn more about Huron Legal’s kCreate application contract creation tool, visit: http://www.huronconsultinggroup.com/Expertise/Legal/Contract-Management-and-Compliance.
Additional offerings in Huron Legal’s contract management solutions include: strategic advice on a company’s agreements from legacy systems; contract management system selection and implementation; contract discovery review and analytics; and obligations management for ongoing support of the contract management system.
About Huron Legal
Huron Legal provides advisory and business services to assist law departments and law firms to enhance organizational effectiveness and reduce legal spend. Huron Legal advises on and implements strategy, organizational design and development, outside counsel management, operational efficiency, and discovery solutions, and provides services relating to the management of matters, contracts, documents, records, digital evidence and e-discovery. Huron Legal is not a law firm; it does not offer, and is not authorized to provide, legal advice or counseling in any jurisdiction. Learn more at www.huronconsultinggroup.com/legal or follow us on Twitter: @HuronLegal.
Huron Consulting Group
Jennifer Frost Hennagir