Who We Are
Realyst™ is primarily a Contract Management Solutions house that offers both consulting and software to ensure that you create and manage your contracts effectively, efficiently and according to best practice guidelines.
Combining our range of products, Realyst™ allows an organisation to enter the new digital age – our systems can be designed and customised for solutions ranging from simple processes to complex systems.
What is Contract Management?
Contract management is the process of creating, implementing and managing contracts to increase performance and reduce legal and financial risk. These contracts can be made with employees, suppliers, vendors or partners to the organisation.
A contract management system includes software as well as processes to streamline the contract management cycle.
Why is Contract Management Important?
Contract management is important across all business sizes and industries. Not managing your supplier or employment contracts can often lead to financial and legal risk, which is easily eradicated with modern contract management software such as RealContract™. A few of the benefits of contract management are:
- Reduced financial leakage
- Reduced legal risk
- Critical insights into your supplier and consumer relationships
- Visibility of your key deliverables
- Correct contract governance
- Alerts and notifications on expiry dates, obligations and tasks
Contract Management Use Cases
We automate the drafting through the use of standard templates to reduce the “quote to cash cycle” and improve the customer experience. This means booking revenue sooner, and making signing up for services easier - providing quantifiable financial benefits.
Maveric and off contract spend can cost organisation significant sums through financial leakage - we give your company visibility into your underlying data. This provides you with the information necessary for strategic procurement initiatives.
We help you improve the management of contracts through standard, repeatable processes, by assigning obligations and tasks, notifications and key date alerts. We will help you take Service Level Agreement management to a new standard.
With our software you can easily draft contracts, distribute standard templates for business to use, ensuring consistent quality documents across the organisation. Our electronic signing makes the conclusion of agreements seamless and legally compliant.
With us, you will have the controls and information required to establish contract spend, have access to all documentation related to contracts across the organisation. Realtime data and reporting, while complying to privacy and broader governance and legislative requirements.
Our software is available either in the cloud or on premise, capable of integration into 3 rd party systems, providing quality metadata at source for business insights.