In reality, most Legal teams are understaffed for the volume, complexity and criticality of their workload.
Administrative overhead, contract reviews and legacy toolsets drains valuable resource from impactful work.
Responsibility for protecting the company belongs ultimately to the Legal Team.
Not all colleagues share the required level of diligence when it comes to internal policies and external regulations.
The best-laid plans have to be abandoned when new, priority work arrives or via irregular interruption by colleagues.
Valuable legal resources are often tied up with non-specialist administrative tasks.
Push responsibility for raising new contract requests onto business stakeholders by giving them access to a centrally-controlled portal. Set the parameters and data requirements (inc mandatory fields) to ensure data validity. Receive and process only complete, compliant records for review.
Use the portal to allow stakeholders to check on the progress of their requests, thereby reducing interruption.
Let Al do the heavy lifting with automated data extraction from legacy contracts. Gatekeeper's Al Extract™ turns contract documents into metadata, automatically building a comprehensive contract record inside Gatekeeper.
Capture parties, names, dates, obligations, clauses and any other required data points with minimal effort.
Over time, Al Extract™ learns to recognise common patterns and terminology to further speed up the process.
Digitise your business processes such as sign-offs, renewals and compliance reviews with our Kanban Workflow Engine.
Set up your workflows to run 24/7, without the need for intervention. Move contracts swiftly through the process using SLAs and escalation rules.
Stay hands-off until legal input is required.
Use your favoured redline solution, MS Word®, and check your documents in and out of Gatekeeper before progressing to e-signature.
The final, flawless document, along with all previous versions, is recorded against the contract record.
At every step, from initiation to renewal, actions are captured along with dates, time and personnel to provide a cast-iron audit trail.
Clear timelines mean there's no need to look back through email trails or shared folders.
Search across all data-points and within documents using powerful OCR technology and find your required information, fast.
Gatekeeper's Global Search queries contract names, content and metadata as well as counterparty information and returns categorised results in a single view.
This means no more time wasted trying to locate contract documents and clauses.