At Malbek, we understand that contract management can be messy, risky, and costly. Bad contract management results in an average annual revenue loss of 9%, and 71% of companies can’t find 10% or more of their contracts. Those poor results are felt across an organization by every team from Legal and Sales to Finance and Procurement.
We take a different approach to contract management, addressing these pain points and helping you reduce inefficiency, expedite revenue, and increase compliance. Malbek Contrax is a modern CLM designed to solve the contract management problems of today.
With Malbek Contrax, you can:
– Search and find your contracts with a robust repository that is as easy as shopping online
– Leverage AI-infused insights and guidance to build more effective contracts
– Author and edit contracts with ease with familiar tools that you love like MS Word or online
– Track and approve contracts with mobile approvals and automated contract reminders
– Reduce risk with pre-approved language and terms and visibility into the risky terms and clauses
Malbek Contrax is built to play well with other popular business applications. In particular, Malbek’s seamless Salesforce integration makes contract management a frictionless experience for sales teams. The integrity of account data is fully protected as it flows from Salesforce into a new contract draft with a click of a button. And the experience of drafting, negotiating, and executing the deal is so streamlined that your sales team will only wonder why you didn’t do this sooner.
Malbek is transforming contract management from outdated to sate-of-the-art with its cloud technology and modern user interface. That’s Contracts Reimagined!
