Malbek Contrax
At Malbek, we understand that contract management can be messy, risky, and costly. Bad contract management results in an average annual revenue loss of 9%, and 71% of companies can’t find 10% or more of their contracts. Every team feels those poor results across an organization from Legal and Sales to Finance and Procurement.
We take a different approach to contract management, addressing these pain points and helping you reduce inefficiency, expedite revenue, and increase compliance. Malbek Contrax is a modern CLM designed to solve the contract management problems of today.
With Malbek Contrax, you can:
- Search and find your contracts with a robust repository that is as easy as shopping online
- Leverage AI-infused insights and guidance to build more effective contracts
- Author and edit contracts with ease with familiar tools that you love like MS Word or online
- Track and approve contracts with mobile approvals and automated contract reminders
- Reduce risk with pre-approved language and terms and visibility into the risky terms and clauses
Malbek provides end-to-end contract lifecycle management with out-of-the-box integration to popular business applications, like Salesforce, Workday, Slack, Office 365, and others, allowing your contract data to flow seamlessly while dramatically reducing cycle times.
That’s contracts reimagined!