How much are contract penalties costing us?
Who is paying attention to pricing changes and timely renewals?
Is this contract even profitable?
Did we accidentally miss any contract payments or collections?
What approved clauses can I use without asking legal?
Just because a contract is mutually agreed upon, doesn’t mean it is mutually beneficial. There are numerous ways a contract can erode profit margins.
Missed contract commitments can incur financial penalties, and auto-renew clauses that go ignored can lock parties into unwanted agreements, impacting your bottom line.
Malbek Contrax™ makes it possible for Finance professionals to properly structure contracts, safeguarding contract profitability. Through automation, intelligence, and reminders, Malbek Contrax makes it easy to stay on top of payments and price changes and reduce the worry of missing key financial terms. With Malbek Contrax you can:
Avoid penalties from missed financial milestones
Stay on top of pricing changes built into the contract terms
Never miss a contract commitment again
Determine if the contract is financially beneficial