Recent Customer Successes using our Contract Intelligence Service
Technology Company:
- 80,000 Employees
- Revenues $51bn
- Tail Spend $60m
- Saved $4.8m
Manufacturing:
- 143,00 Employees across 50 countries
- Revenues $25bn
- Contract portfolio $420m
- Saved $7.1m
Global Bank:
- 150,000 Employees across 52 countries
- Revenues £50bn
- Contract portfolio $60m
- Saved $12.2m
Outcomes:
- Never miss a renewal
- Fully searchable contracts
- Complete tail spend visibility
- Complete contract portfolio visibility
- Contract consolidation and rationalization
- Improved contractual terms and conditions
- Enhanced Mergers and Acquisitions process
More visibility, less time-wasting
Perhaps your contract review processes are eating up your time. Or you’re struggling to manage contract lifecycle complexity.
With Contract Intelligence, you have complete visibility, full searchability and predictive analytics to improve how you manage and optimize your contract portfolio. Our service includes analysis across all key contract clauses, contract consolidation, as well as cost containment and reduction.
Complete visibility
A new approach to contracts and entitlements
Simplifying the contract review process means improving the visibility you have over your contracts, and that’s where we can help.
Our Contract Intelligence solution helps you manage your contracts and entitlements by offering complete visibility, full searchability and predictive analytics to improve how you manage and optimize your contract portfolio.
Enhanced insights
Bring power to your data
Gaining visibility is one thing, but turning that noise into meaningful data is just as vital. Contract Intelligence is our data acquisition and analysis platform for single service customers. Delivered through Livingstone’s Acuity data platform providing accessible insights, across on-prem deployments and SaaS & Cloud usage, leaving you to manage your contract portfolio with confidence.
Commercial optimization
Don’t spend more than you have to
No one wants to spend more than they have to, which is why we’re here to drive cost savings across your entire contract portfolio. We’ll analyze your pricing, commercial terms and unearth consolidation opportunities, and identify different pricing models across multiple contracts to harmonize your contracts.
We’ll then pinpoint providers to be consolidated, increasing your buying power and simplifying the contracting process, and deliver an accurate baseline of data to help you budget and forecast more accurately.
Streamlined contract estate
Digitize your contracts in hours
Extracting key contractual terms and obligations takes weeks of laborious manual reading and data entry.
Thankfully, Livingstone uses Optical Character Recognition and Artificial Intelligence to digitize your contracts and lay out the key details of every contract in plain English. The speed at which you can have visibility on your contract estate is unprecedented, with thousands of contracts digitized in hours.
Comprehensive support
Take advantage of Livingstone’s expertise
Contract portfolios quickly spiral out of control if you don’t keep an eye on them. That’s why our team will always be on the lookout for potential gaps, risks and opportunities across your contract portfolio.
To help you manage your renewals more easily, we’ll improve your processes with ongoing digitisation and procurement support. We also save you money with recommendations for future contractual terms, price benchmarking and negotiation support for your largest and most complex contracts.
Ready to talk?