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Contract Renewal Management demo

Every renewal decided before its notice deadline, with uplifts and unused seats in view. 1:34

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What the demo shows

Finds auto-renewal, notice and price-uplift terms and alerts owners before deadlines

Agents read every contract and amendment and turn each renewal, notice and uplift clause into two dates: when notice must arrive, and when to post it for the method the clause allows, counting weekends, holidays and deemed receipt. Every contract sits on a ladder ordered by days left to give notice, with a red band for the last 30 days. Usage from single sign-on and spend from finance sit beside each uplift, and the renewal advisor recommends renew, renegotiate or cancel with the saving. The notice drafter writes the letter in the clause's form, a checker agent verifies method, address, entity, signatory and both dates, the business owner decides and commercial counsel signs.

Transcript

  1. Contract Renewal Management finds auto renewal, notice and uplift terms, and alerts owners in time.
  2. It is built for procurement, legal and business owners.
  3. Vendors raise prices 10-20% at renewal.
  4. Notice dates hide in clauses.
  5. The latter orders contracts by days, left to give notice.
  6. Quillen Analytics renews December 1st.
  7. Notice must arrive in 19 days.
  8. The reader agent cites Clause 14, Certified Mail, to a Named Address.
  9. Only 118 of 290 seats are used, and the quote adds 9%.
  10. The advisor recommends 120 seats.
  11. The drafter writes the notice.
  12. A checker agent confirms method, address, and dates.
  13. Post by October 28th.
  14. Marcus Lee, the IT owner, approves and counsel signs with a reason code.
  15. Every step is cited, signed, and logged.
  16. Quillen saves $86,000 a year, and no notice window was missed.
  17. Built on Botminds: agents, data, screens, and governance on one platform.

Transcribed from the film’s narration. Captions are on the player.