The Vendor and Contract Management Platform
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Funding Circle, the UK’s largest loan platform for SMEs uncovered £1m of unnecessary annual contracts when they partnered with Gatekeeper and gained a central, single source of truth.
Before working with Gatekeeper, Funding Circle found themselves outsourcing more and more with third-party vendors which led to challenges around:
Tracking supplier due diligence and compliance through Google Drive as the volume of third-parties continued to increase
Poor visibility and control of contract commitments caused by a non-digitised contract database
Missed renewal deadlines, leading to the auto-renewal of supplier contracts that were no longer required.
Gatekeeper’s smart contract repository gave them that view and peace of mind that they’re on top of what’s coming up. Read the full story here
Gatekeeper gives us excellent control and visibility of spend, which we have never had before. We have been able to terminate contracts that no longer serve us with a total value of circa £1m. ”
Krupa Patel,
Head of Procurement UK & US (Global).![]()
Before Gatekeeper, our contracts
Anastasiia Sergeeva, Legal Operations Manager, BlaBlaCar
were everywhere and nowhere.
Gatekeeper is that friendly tap on the shoulder,
Donna Roccoforte, Paralegal, Hakkasan Group
to remind me what needs our attention.
Great System. Vetted over 25 other systems
Randall S. Wood, Associate Corporate Counsel, Cricut
and Gatekeeper rose to the top.
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