Contract Risk is a situation involving the potential for exposure to danger, harm or loss.
It can often go undetected in businesses that have manual and fragmented contracting processes.
Without standardised processes and complete visibility of their portfolio, businesses can face:
Gatekeeper helps businesses to monitor, manage and mitigate contract risk by providing complete visibility of the contract portfolio.
A combination of automation, artificial intelligence and notifications can bring risks to immediate attention.
The Risk Module allows businesses to report on and analyse contract risk, while using Risk Scores to automatically trigger mitigation workflows.