Contract Management Solutions

Effective contract management is key to maximizing the value of your agreements. At ABiz Corporation, we provide comprehensive solutions that address the complexities of post-execution contract management and facilitate seamless exit strategies. By leveraging advanced technology and AI-driven tools, our tailored services streamline processes, enhance compliance, and reduce costs, delivering smarter and more efficient contract management to meet your business needs.

Post Execution

Effective post-execution contract management is essential for every company, whether operating as a supplier or a customer. ABiz is here to help by providing tailored solutions to support or fully manage your post-execution contract activities. From tracking obligations and milestones to ensuring smooth transitions and ongoing compliance, our services are designed to enhance efficiency and deliver measurable value.

Transition and Post-Execution Activities:

Preparation of Contract Summaries and Briefings
Obligation, Service Level and Key Contract Metadata Extraction
Obligation Management
Contracted vs. Performed Analysis
Creation of Decision Trees for various Contractual Processes
Contract Metadata Extraction and Repository Entry
Change Management and Contract Conforming
Development of Contract Templates and Playbooks
Invoice Reconciliation
Prime Contract Flow Down Development
SOW, Work Order and Change Order Drafting, Reviews and Redlining
Contract Restructuring
Contract Research/Interpretation
Standard contract comparative analysis (with different contract versions)
Development of contract checklists, helpful hints
Risk, Issue and Opportunity Management
Gap Analysis between Executed and Standard Contract Templates
Contract Governance
Audit Support – Contracts, Operational and Financial

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Exit Phase Activities

Using a comprehensive exit checklist customized to your business, our team can perform activities such as third-party agreement assignment, novation or termination, preparation of asset transfer agreements, management and closure of exit obligations, and preparation of exit briefs for your project or account teams.

A few of these activities are outlined below:

Termination Letter/Notices
Managing, Monitoring Exit Obligations
Analysis of Stranded Costs
Third Party Agreement Disengagement and Exit

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Technology-Enabled Contracts

Several contract lifecycle management (CLM) activities can be performed more efficiently using technology. Artificial Intelligence (AI) is leveraged by organizations for contract analytics, metadata extraction, contract data cleansing, and other such activities. ABiz works with technology partners to design innovative technology solutions for our customers’ transformation journey.

A sampling of the technology-enabled services is shown below:

Contract Lifecycle Management System (CLMS) selection, evaluation, and implementation, including the development of metadata, clause and template library, and contract repository design and setup
Playbook development
Contract creation, review, and negotiation
AI-enabled metadata extraction workflow
Contract tracker design and implementation
Proactive performance management, including service level and obligation tracking and management
Risk and issue management
Functional and stakeholder reports design and implementation

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Reviews From Our Clients

We Take Pride In Our REPUTATION

“World Commerce & Contracting has been working with and supporting ABiz since their inception. They have a deep understanding and appreciation of the challenges that organisations face in commercial and contract management and bring both practical and sustainable solutions to their clients.”

Sally Guyer
Global CEO, World Commerce & Contracting; Chair of the Board at Open Contracting Partnership