What is Contracts Covered?
All your signed contracts in one place. Our system securely stores and notifies assigned users of contracts coming to term. Giving you enough time to negotiate, renew or even cancel agreements before it's too late.
Problem
Businesses often struggle with managing their contracts efficiently, leading to missed opportunities for renegotiation, renewal, or cancellation before contracts expire. The drawbacks include the risk of automatic renewal of unwanted services, incurring unnecessary expenses, and the administrative burden of manually tracking contract terms.
Solution
Contracts Covered is a dashboard tool that allows businesses to store all their signed contracts in one place. It securely stores contracts and notifies assigned users of contracts nearing their term, giving them enough time to negotiate, renew, or cancel agreements before it's too late.
Customers
Business owners, contract managers, and legal departments in small to medium-sized enterprises who are responsible for managing multiple contracts and seeking to optimize their contract negotiation processes.
Unique Features
The unique features of Contracts Covered include secure storage of signed contracts, automated notifications for contracts nearing their term, and a consolidated dashboard view for easy management and oversight of all agreements.
User Comments
Intuitive and easy to use dashboard.
Effective in preventing automatic renewals of undesired services.
Saves time and reduces administrative burden in managing contracts.
Improves the efficiency of contract renegotiation and renewal processes.
Highly useful for businesses with multiple ongoing contracts.
Traction
As of the latest update, specific traction details such as the number of users, MRR, or recent financing rounds were not publicly disclosed.
Market Size
The global contract management software market was valued at $1.5 billion in 2020 and is expected to reach $2.9 billion by 2025, growing at a compound annual growth rate (CAGR) of 13.5%.
