Contracts Solutions
Maximize business value from contracts.
Identify opportunities and manage risks in your contracts across people, process, technology, and data with experts in CLM strategy, implementation, and operational support.
- Build a strategic roadmap and business case for investment.
- Provide right-time insights for contracts transactions and relationships by seamlessly connecting CLM with upstream and downstream systems.
- Drive revenue growth, manage risks, reduce costs, and identify significant non-compliance with AI-enabled contracts intelligence.
- Increase the capacity of your team during spikes in contracting volume caused by increases in business activity, M&A transactions, or regulatory changes.
Epiq End-to-End Contracts Solutions
Contracts Data Migration
Contracts Data MigrationContracts Functional Assessment
Contracts Functional AssessmentCLM Implementation and Optimization
CLM Implementation and OptimizationContracts Intelligence and Gen AI
Contracts Intelligence and Gen AIContracts Organization Optimization
Contracts Organization OptimizationCLM Vendor Selection
CLM Vendor SelectionFlexible Legal Talent
Flexible Legal TalentManaged Services
Managed ServicesReporting and Analytics with Metrics that Matter
Reporting and Analytics with Metrics that MatterTemplate and Playbook Development
Template and Playbook DevelopmentContracts Data Migration
- Standardize, capture, and migrate data to CLM repository.
- Bridge the gap between legacy contracts data and your CLM to ensure a seamless transition to a new CLM.
Contracts Functional Assessment
- Overcome stakeholder misalignment and create a path forward by conducting a current state health check.
- Identify opportunities to maximize business value from contracts by building a strategic roadmap and business case for investment.
CLM Implementation and Optimization
- Determine CLM requirements, system integrations, workflows and increase user adoption of a sub-optimal CLM implementation.
- Provide right-time insights for contracts transactions, relationships and maximum business value by connecting CLM with upstream and downstream systems across multiple platforms. Fully automating contracting processes and easily store, find and monitor executed contracts with trustworthy data.
Contracts Intelligence and Gen AI
- Drive revenue growth, manage risks, reduce costs, and identify significant non-compliance with AI-enabled contracts intelligence.
- Support better decision-making with a tech-enabled review and analysis of siloed legacy contracts.
Contracts Organization Optimization
- Create a cost-effective and scalable contracts team that matches the complexity and volume of your contracts.
- Leverage existing contracts organization with clear roles and responsibilities across sales, procurement, and legal teams.
CLM Vendor Selection
- Prioritize CLM requirements from sales, procurement, legal, finance, and IT.
- Ensure you select the right CLM vendor at the right price point with an external and expert RFP and selection process.
Flexible Legal Talent
- Increase the capacity of your team during spikes in contracting volume caused by increases in business activity, M&A transactions, or regulatory changes.
Managed Services
- CLM system administration.
- Contracts administration including: securing signatures, uploading executed agreements to the CLM, entering information into forms to generate templated agreements or renewals, and reviewing and coding executed agreements.
Reporting and Analytics with Metrics that Matter
- Define CLM-specific metrics and KPI’s for:
- Revenue enhancement
- Cost reduction
- Risk mitigation
Template and Playbook Development
- Harmonize clauses, consolidate and deconstruct, and build CLM templates.
- Create playbooks.
- Address out-of-date or non-existent templates and playbooks.
Differentiators
Epiq Contracts Solutions can be combined with other Epiq services to provide an integrated solution to meet client objectives.
Free up your team by leveraging technology, improving processes, and outsourcing lower value workflows.Proprietary AI and Machine Learning for migration, cleansing and subsequent analysis of contract data extraction and migration.
Improve team interactions with integrated processes across teams.A dedicated team that works exclusively on contracts solutions projects, including contract management, IT, legal operations, and change management experts.
Free up your team by leveraging technology, improving processes, and outsourcing lower value workflows.Implementation Partnerships
∼1000
Contracts Solutions
projects completed for global Fortune 5000 companies
∼275
Global CLM
implementations with 100,000 trained users
∼10 million
contracts migrated
∼100 million
extracted data
points
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