How ContractHero helped Finc3 save time and money

Challenge

The lack of clarity about current contracts and their deadlines and most important details is especially problematic in the stressful daily agency routine. But even the creation of new contracts is quickly postponed because the existing processes are too long. In addition, an individually customizable solution for the internal contract management was missing in order to ideally adapt it to the requirements of Finc3.

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• Clear handling of the contracts
• Time savings in creating and managing contracts
• Higher degree of individualization

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Time-saving contract management

Thanks to the clear and intuitive structure of ContractHero, the time required for a functioning and reliable contract management at Finc3 is very low. Through email and browser notifications about cancellation deadlines or similar, monthly checks are enough to make sure that everything is up to date and correctly created. Contract management has never been so easy!

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Solution

Through the intuitive contract creation, with the individually customizable modular system, different use cases can be mapped and corresponding contract categories can be created and adapted. A distinction is made, for example, between rental agreements or leasing agreements (storage space, water machines), mobile communications agreements, sublease agreements, license agreements, NDAs/confidentiality agreements, or even insurance policies.

In addition, finding contracts is no longer a tedious and, above all, time-consuming task, since it only takes a few clicks to find the contract you are looking for. Finc3 records significant time savings when searching for contracts compared to the previous solution.

But also the creation of contracts is easier and more time-saving with ContractHero. Compared to the previous solution, it takes about half as long with ContractHero until a contract is completely entered.

Through ContractHero, internal structures were created that enable an agency-wide upload of new contracts - uncomplicated and fast. This particularly affects contracts that are relevant for the entire agency and for which clear handling is required across teams. 

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• Saves time searching for contracts
• Cross-team access to contracts
• Digital overview of all contracts

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We lost far too much time on manual and repetitive tasks. Thanks to ContractHero, we not only save an incredible amount of time and money in managing our contracts, but we also optimize our internal and external communication in the turbulent daily life in an agency.

Franziska Böhnemann

Executive Assistant Finc3 Ltd