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Technology and Indirect Procurement Negotiations

"DocJuris reduces friction at the most critical process step between procurement and legal"
Jan Miles
Procurement Contracts Administrator
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How DocJuris Helps:

With DocJuris, procurement and legal teams work together to increase efficiency and decrease risk during RFI/RFP processes via tactical tools that get the job done.

Procurement is a complicated and mission critical function of most medium to large businesses. It makes businesses more competitive and impacts the bottom line. Contracts with vendors are a particular pain point across industries - from the RFI to the final redlined contract, legal and procurement spend weeks to months on contract review.

Challenges & Solutions

Technology and Indirect Procurement Negotiations
  • Large volume of low and high risk procurement contracts requiring review
  • Legal resources have limited time to review legal terms across the supply spectrum
  • Third party technology agreements, PDFs, and locked documents are difficult and time-consuming to review
  • Little visibility into data analytics that can improve templates and forms
  • High risks emanate from lower risk contracts that are overseen or fly under the radar
  • Quickly screen third party software agreements (SaaS and licensing) for warranty issues, use restrictions, and more
  • Optimize legal resources by deploying rule-driven playbooks
  • RFP redline explorer to quickly group and scan vendor redlines into a unique pivot table
  • Pulls data on the frequency of fallbacks or time spent in key areas of contracts
  • Lower risk contracts are quickly screened and addressed for the top issues

Get in touch

Discover how your team can integrate and streamline contract negotiation technology to save time and risk 🚀

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