Unlock the true potential of your contracts with Ark 51, the cutting-edge, AI-driven SaaS software solution designed to revolutionise the way you manage and gain insights from your contractual agreements.
Data is the new competitive frontier. Firms which have embraced a culture of data are better able to manage risk, demonstrate regulatory compliance, adapt to regulatory change and capitalise on trading opportunities.
Contracts are the lifeblood of your organisation and a key source of corporate data. They govern relationships with customers, suppliers, partners, and employees. Yet, many businesses struggle to extract valuable insights from their contracts, leaving critical data and opportunities untapped.
Ark 51 has been specifically designed with this challenge in mind – helping firms to turn legal prose into actionable information upon which informed risk and trading decisions can be based and reducing the overall cost of ownership of contract data.
Don’t let your contracts remain underutilised assets. Turn them into valuable sources of competitive advantage, risk mitigation, and revenue growth.
Ark 51 allows you to capture documentation relevant to your business, including:
Ark 51 is also highly customisable to your specific needs. Whether you are in finance, legal or procurement, our solution adapts to your business requirements.
Ark 51 provides a single source for contractual data – a key factor in improving regulatory compliance and risk management. The improved data quality and integrity it delivers drives better business decisions and enhance competitive advantage.
Ark 51 delivers hindsight, insight and foresight into contractual data. In doing so, it reduces your cost of ownership of data and increases operational efficiency.
Ark 51 is a fully-featured contract management solution – delivering unparalleled benefits at a price that makes sense.
The attestation module assists users in monitoring compliance with contractual obligations, enhancing operational efficiency and creating a full audit trail.
The interactive playbook module wraps robust processes around the production and maintenance of negotiation guidelines.
The opinions module assists firms to perform netting and collateral enforceability opinion reviews, as required by EMIR and CRR.
It also allows you to create an audit trail around netting opinion reviews for the purposes of EMIR and CRR.
Understanding contractual terms allows you to identify and mitigate potential risks. By comprehending obligations, liabilities, and termination clauses, you can proactively manage and address potential issues before they escalate, reducing the likelihood of disputes and legal challenges.
Contractual insights enable you to optimise your financial resources. By identifying cost-saving opportunities such as renegotiating unfavorable terms, consolidating contracts, or eliminating redundant agreements, you can improve the bottom line.
Insight into contractual terms helps you maintain conformance with legal and regulatory requirements – it helps you to avoid costly fines or legal actions resulting from non-compliance.
Access to contractual data and insights empowers decision-makers. It enables them to make informed choices regarding risk tolerances, contract renewals, vendor relationships, and strategic partnerships. For the first time, these decisions can be based on data-driven insights and can be made to truly align with your organisation’s long-term goals.
Contractual insights uncover strategic opportunities hidden within agreements – helping you to identify current levels of risk as well as untapped commercial benefits. This knowledge helps drive revenue growth and risk reduction.
Get in touch with our team today to see how Ark 51 can help transform your contract strategy.