July 26, 2012

Real Estate Document Creation

Hopefully it's a sign of an improving economy, but we have definitely noticed an uptick in inquiries from several sectors of the commercial real estate business.  Makes sense, since real estate can be very document intensive.  And when business is good, you don't want your document creation process to slow your growth.

Automated document creation or "document generation" can help commercial real estate services firms to:
  • Improve business process efficiencies 
  • Further accelerate revenue growth and 
  • Reduce operational costs
 Real Estate documents especially suited for document automation include:
  • Leases 
  • Term Sheets 
  • Appraisals 
  • Contractor and Subcontractor Agreements 
  •  Loan/Finance Documentation 
  • Facilities/Property Management Contracts
  • Syndicated Lending Agreements and more.
 For more information or to see our real estate document automation and management system for yourself, request a demo.

July 12, 2012

Managing Complex Contracts - New Report


At the recent IACCM EMEA Forum, we conducted a workshop with Devant, a specialist commercial contract creation, negotiation and education consultancy, entitled, "Managing the Spectrum of Complexity,"  and have compiled the outputs into a new report.

Over fifty delegates, including contracts and commercial professionals from many global organizations like Accenture, IBM, Panasonic and Schlumberger, attended the event. The objective of the workshop was to identify common causes and consequences of contract failure, and to work with the group to identify potential mechanisms to avoid such failures in the future.

The report summarizes the findings from this workshop, discussing the top contract problems plaguing the group:

 1. Unclear scope
2. Poor change management
3. Revenue leakage & margin erosion
4. Payment disputes
5. Poor understanding of risk

 The report also includes three short case-studies of complex contract cases gone awry:

• De Beers v Atos Origin
• BskyB v EDS
• British Gas v Accenture

You can download a complimentary copy of the report here.

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