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Posts Tagged ‘contract’

Contracked™ opens new office in Spain

January 25, 2010 Leave a comment

Barcelona, Spain – January 23, 2010 – Contracked™ announced today that it has has opened an office in Barcelona, Spain.

Contracked™ expects to increase its international customer base by having local presence in Southern Europe. Mr. Pablo Lemus leads the daily Contracked™ operation for Southern Europe mainly focussing on Spain. Contracked™ Southern Europe will support its southern European customers from Barcelona (Spain).

Besides being in charge of the daily direct sales, with his broad network and Spanish market knowledge Mr. Pablo Lemus will build the Contracked™ indirect sales channel in the region. Re-sellers for Spain, France and Italy can apply by sending an e-mail to Mr. Lemus.

About Contracked:

Contracked™ makes it easy to control all contracts, simple or complex, manage end dates and report on important contractual items. Unlike some of Contracked™’s competitors, Contracked™ don’t “dumb things down.” Contracked™ takes extremely powerful tools that sophisticated contract managers use (like BI, authorization, and ROI tracking). Within 60 seconds Contracked™ makes them accessible to anyone. That’s why users, who range from small 1-person startups to Global Corporations use Contracked™.

Contract Management is Critical CRM Tool, Says Study on CRMToday.com

January 6, 2010 Leave a comment

According to an Aberdeen Group study contract management is a key component to customer relationship management (CRM). 

The study predicts that revenues managed by a contract will increase by an average of 21 percent over the next two years. Respondents to the Aberdeen Group’s survey indicated that they “lose 9 percent of their revenue due to regulatory penalties, missed deadlines, lost sales, ‘maverick’ pricing, and transactional errors,” a substantial loss that can be attributed primarily to missing or misplaced contracts. To help companies improve customer relationships, the study recommends:

1. Migrating contracts to contract management software, using standardized terms and language.
2. Streamlining the entire quote-to-cash process by integrating contract management software with financial and transactional systems to reduce errors and delays.
3. Using contract management software to track contractual obligations and commitments to customers and make contract data available to relevant stakeholders.

My Comments:

A company can implement and deploy a contract management solution without change management and achieve benefits starting from day one. Losing nine percent sounds like big bugs to me. Big, big bugs.  This study is great marketing stuff for companies in our space and the outcome should be an eye opener for all CFO’s, CEO’s and CPO’s.

An early 2009 Contracked R&D study learned that companies all across the globe suffer from “lack in contractual visibility”.  Wake Up! Stop losing profit! And stop being a siting duck! Act as a professional. The answer is even more simple than start working with a spreadsheet or a calendar. Starting day one, we will Contracked help to deal with this important money saving subject.  Whitin 60 seconds up and running. ‘We know….we meet a lot of companies suffering . Today, they don’t lose money because they control their business because they controle their contracts, all of them! And Guess what….they even use less tme to manage them!

Contracked™ Delivers Strong 2009 Results

January 6, 2010 Leave a comment

Amsterdam, the Netherlands – January 6, 2010 – Contracked™ announced today that it wil delivers strong 2009 results. Contracked™ had a booming 2009.

In the Autumn of 2009 Contracked™ opened a sales office in Asia Pac. Mr. Malcolm Parker Brady runs the daily operation for South East Asia including Singapore, Malaysia, Indonesia and Bangladesh. Contracked™ Asia Pac will support its Asian customers from Malaysia (Kuala Lumpur).

In 2009 Contracked™ added a record number of new customers to their installed based including global operating companies such as Conrad (eCommerce – http://www.conrad.com), Dipasa (FMCG – http://www.dipasa.com) and CSI (manufacturing – http://www.csiweb.us)

In December 2009 Contracked™ launched its new version (2.85) containing valuable new functionality. The new functionality is mainly focused on the Contracked™ configuration. It supports an easy 60 seconds deployment.

The SaaS (Software as a Service) is an expensive start-up model. Contracked™ charges the industry lowest subscription fees which made it challenging to become profitable . Contracked™ was founded in 2006 and in 2009 Contracked™ showed a three year in a row profitability. In 2009 Contracked™ doubled its 100% subscription fees based revenue.

About Contracked:

Contracked™ makes it easy to control all contracts, simple or complex, manage end dates and report on important contractual items. Unlike some of Contracked™’s competitors, Contracked™ don’t “dumb things down.” Contracked™ takes extremely powerful tools that sophisticated contract managers use (like BI, authorization, and ROI tracking). Within 60 seconds Contracked™ makes them accessible to anyone. That’s why users, who range from small 1-person startups to Global Corporations use Contracked™.

Contracked™ opens new office in Asia

September 2, 2009 Leave a comment

Kuala Lumpur, Malaysia – September 1, 2009 – Contracked™ announced today that it has opened an office in Kuala Lumpur, Malaysia.

Contracked™ opened a sales office in Kuala Lumpur, Malaysia. Contracked™ expects to increase its intenational customer base by having local presence in the Asia Pac region. Mr. Malcolm Parker Brady will take care of the daily operation for South East Asia including Singapore, Malaysia, Indonesia and Bangladesh. Contracked™ Asia Pac will support its Asian customers from Malaysia (Kuala Lumpur).

Besides being in charge of the daily direct sales, with his broad network and Asian market knowledge Mr. Malcom Parker Brady will build the Contracked™ indirect sales channel in the South East Asian region. Re-sellers can apply by sending an e-mail to Mr. Parker Brady.

About Contracked:

Contracked™ makes it easy to control all contracts, simple or complex, manage end dates and report on important contractual items. Unlike some of Contracked™’s competitors, Contracked™ don’t “dumb things down.” Contracked™ takes extremely powerful tools that sophisticated contract managers use (like BI, authorization, and ROI tracking). Within 60 seconds Contracked™ makes them accessible to anyone. That’s why users, who range from small 1-person startups to Global Corporations use Contracked™.