Journey Holdings is a global hospitality marketing leader.
In 2018, Journey needed a place to securely store and manage contracts – so the company turned to Contract Hound.
Contract Hound’s lightweight, renewal and storage-focused software was ideal for Journey:
“Contract Hound gave us the central location for which to store contracts and to list out the important data and grant ownership of said docs,” said James Brown, Operations Director.
“It allows you to store, manage and view your contacts in one secure platform that ensures you never lose or miss a contract renewal ever again.”
No credit card or installation required.
In January 2020, a large food manufacturer started working with Contract Hound. Due to fierce competition in their marketplace, they have asked to remain anonymous.
Prior to signing up, the supplier had missed several important supplier contract expirations, resulting in altered terms for at least one supplier. They were struggling to keep track of expiration dates, despite one person being responsible for filing contracts and keeping track of them. In addition, they needed a centralized place to store Insurance agreements so that all staff across teams (including factory and back office) could access them on request.
Contract Hound’s easy to use contract management system made it easy for the business to set up an expiration reminder for every single contract. Their workflow allows the company’s administrative assistant to upload contracts before setting up expiration reminders to email both herself and relevant team members.
In our interview with the client, the Operations Director gave us the following results:
“Since using Contract Hound we’ve had advance notice of all important contract renewals and have had to opportunity to proactively secure better terms.”
“Contract Hound is now an essential part of our commercial negotiation strategy.”
Our client, a midwest medical technology and consulting firm, signs annual contracts with medical device resellers and individual surgeries for its specialized devices.
These contracts require annual renewal at incremental pricing to keep the company’s sales cycle profitable – but prior to using Contract Hound, nobody kept track of previous years’ data in one place.
Since implementing Contract Hound, the team’s executive assistant has been able to easily safeguard all contracts as they are signed, sharing them with the appropriate account managers and sales leads. She moved from storing all the expiration dates in a spreadsheet, to uploading them to our cloud based contract management software and being able to stay on top of everything easily.
Here’s what she says:
“Before I found Contract Hound I was just basically trying to use an Excel spreadsheet for everything… I really needed something that would send me reminders of when agreements were approaching their expiration date, so that we can review to see if we need to renew them.”
As a result of the increased visibility and simple contract date notifications, the sales leads have been able to raise YoY pricing on annual contracts, allowing Contract Hound to pay for itself several times over. A testament to the power of a strong contract management process, and proof that contract lifecycle management software isn’t just something for huge corporations to worry about!
Never miss a contract expiration date, or other important milestone. Schedule an expiration reminder, and we’ll send email reminders before anything big happens. Coming soon: Receive your expiration reminder by text message!
Need to run a new deal past legal, ops and logistics? Set up a workflow — this will send the paperwork to each team only when it’s been approved by the previous one – making signoff 10x faster and ensuring a bulletproof contract status.
Your whole team can use Contract Hound — but you decide who gets access to what. Who can view what, and who can edit what, is completely up to you. You can also set up your expiration reminder to go to the entire team, or just yourself.
If you’ve got an internet connection, you can access all your files from anywhere in the world, on any device. It's as easy to use as desktop, whether you're checking contract dates or the contract status, setting contract expiration dates, or want to see expiration reminders. If you want to edit a contract, or create a new one, you have everything you need, right in the palm of your hand.
No credit card or installation required.
Contract Hound’s pricing scales to match your business. Every 50 contracts is just $95/mo up to 500 contracts.
All plans include unlimited seats, unlimited revisions, unlimited reminders, unlimited workflow steps. Plus, a free 14 day trial and a money back guarantee.
Take 10 small businesses like the one that you work for.
Now, imagine an important deal they’ve signed – a supplier agreement, a rental agreement, some sales terms, an insurance schedule, a lease – anything you want.
Here’s what you’ll find happens when that contract expires:
Only 1 will be better off.
Only one will be better off.
Because they knew the contract was expiring two months before it actually did.
Because they assigned somebody to look into it before it expired, using an expiration reminder software like Contract Hound.
Because they found the terms hadn’t been met, or that they were overpaying, or that there was a cheaper deal on the market.
That business saved money and lived to fight another day – but they were the only one.
90% lose and only 10% win.
That’s the power of good contract management.
What excuse do YOU make for not being in the 10%?
Perhaps you don’t think there’s time to follow up on every contract – after all, you have so many!
But if you have *that* many, how much money are you leaving on the table?
Perhaps you think that you have a system – somebody’s got this on a spreadsheet somewhere, right?
In our experience, this is rarely true for SMEs. One person might have an idea of SOME of your commercials. But nobody will be consolidating all of them, and they certainly won’t be tracking expirations and owners for all of them. It’s just too much.
Perhaps you think you’re too small for contract management?
Too small to save money? Seriously? Small businesses rarely have the margins of large businesses, so every cent saved and reinvested in growth can make a difference. We’ve worked with countless companies who think that they’re fine keeping every expiration reminder in Excel – and then realize how much money they were wasting on inefficiency.
In fact, small businesses need contract smarts more than anybody else – which is why they use Contract Hound.
Contract Hound is the ONLY contract management software designed exclusively with small businesses in mind. You business is complex enough, so we don’t try to force a complicated contract management process on you.
You don’t have time for bells and whistles – you just want to drag to upload, get easy email expiration reminders for contract expirations, and have one-click approval workflows if the boss needs to sign it off before it goes.
So we built a platform that does just that – and then we put a guarantee behind it.
If you don’t get all of your contracts ported to us in your first month of usage, so you can be in the 10% of winners, we’ll refund you in full.
Better yet, if you sign up within seven days, we’ll upload all your contracts for you, so your cost to implement becomes $0.
Contract Hound is the best contract management solution for small business – that’s why we built it. Our only goal is to help small businesses move from Excel or paper-based contracting to their first cloud based contract management workflow.
Give us a spin today, and we’ll be delighted to prove the power of Contract Hound to you!
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