Procurement & contract management

Managing contracts effectively is a core business need, but many in-house commercial teams feel it's a disjointed, labour intensive, inefficient and risk prone process.

Procurement processes are not always delivering the best results. Commercial opportunities can be missed if contracts cannot be managed effectively in-life.

But in-house teams have limited resources, no integrated technology and limited budgets.

TLT’s Procurement and contract management service provides professional procurement and commercial advisers onsite or on-demand to shape strategy or manage key procurements or supplier relationships.

With the best blend of people, efficient processes and market leading technology we leave a lasting legacy that increases efficiency and realises latent commercial opportunity.

Increases efficiency

• Reduced time from bid to benefit.
• Effective management of programme, procurements and suppliers.
• Documents and data in one place.

Delivers on strategy

• Development of commercial strategies.
• Improved structure,processes and governance.
• Expertise on-site or on-demand.

Realises opportunity

• Benefits recorded clearly in contracts.
• Disputes identified and resolved early.
• Key commercial information captured and performance and change managed.

People

• Flexible resources and specialist commercial capabilities
• On-site or through a managed service
• Blended with legal solutions, if required

 

Resources

• Process design and implementation
• Standard templates and playbooks embedded
• Effective commercial models

 

Insights

• Extract of key data from new and existing contracts
• Actionable analytics through dashboards and reports

Technology

• Automated document drafting
• Task management tools
• AI document review
• One complete solution