Huron Consulting Group Launches Huron Legal Contract Creation Tool
June 11 2014 - 7:55AM
Business Wire
kCreate Application Empowers Clients to
Manage the Contract Process In-House
Huron Consulting Group (NASDAQ: HURN), a leading provider of
business consulting services, today announced the launch of Huron
Legal’s kCreate™ application to reduce costs and enhance the speed
of the contract creation process for corporate law and compliance
departments. The new tool automates the contract creation process,
allowing clients to generate even the most complex contracts
internally, avoiding unnecessary costs and enabling greater
compliance and control throughout the life cycle of a contract.
Huron Legal’s kCreate application generates a customized
contract creation system tailored to each company’s unique business
needs and empowers clients to manage the contract process in-house.
It works within the existing framework utilized by internal
contract and compliance teams and permits intervention and approval
when necessary. The tool is designed to greatly reduce the time and
manpower needed to create a contract – allowing the contractual
process to keep up with the speed of business.
“In order to reduce costs, maximize revenue and ensure effective
delivery of contractual obligations, companies must effectively
manage and have clear visibility and control over all contractual
obligations and commitments,” said Bob Rowe, executive vice
president, Huron Legal. “We developed the kCreate application to
help our clients more effectively and efficiently manage their
contracting process. Our combination of people, process and
performance-driven technology sets Huron Legal apart in the
compliance, information governance and contract management
arena.”
Available on most mobile devices, the tool can easily be
embedded into an intranet or legal portal enabling corporate law
and compliance departments to:
- Reduce overall contracting spend
- Manage supply chain and improve
operational decisions
- Minimize financial and legal risks
- Improve speed to market for new goods
and services
- Enhance decision making via embedded
business analytics throughout the contract drafting lifecycle
“In many organizations, the contract management process is still
a manual, slow, inefficient, and ineffective process where
companies are leaving money on the table,” said Jeff Catanzaro,
managing director, Huron Legal. “In an effort to meet this need in
the market, Huron Legal has enhanced its existing contract
management offering to provide a holistic approach that can be
tailored to a company’s unique needs.”
To learn more about Huron Legal’s kCreate application contract
creation tool, visit:
http://www.huronconsultinggroup.com/Expertise/Legal/Contract-Management-and-Compliance.
Additional offerings in Huron Legal’s contract management
solutions include: strategic advice on a company’s agreements from
legacy systems; contract management system selection and
implementation; contract discovery review and analytics; and
obligations management for ongoing support of the contract
management system.
About Huron Legal
Huron Legal provides advisory and business services to assist
law departments and law firms to enhance organizational
effectiveness and reduce legal spend. Huron Legal advises on and
implements strategy, organizational design and development, outside
counsel management, operational efficiency, and discovery
solutions, and provides services relating to the management of
matters, contracts, documents, records, digital evidence and
e-discovery. Huron Legal is not a law firm; it does not offer, and
is not authorized to provide, legal advice or counseling in any
jurisdiction. Learn more at www.huronconsultinggroup.com/legal or
follow us on Twitter: @HuronLegal.
About Huron Consulting Group
Huron Consulting Group helps clients in diverse industries
improve performance, transform the enterprise, reduce costs,
leverage technology, process and review large amounts of complex
data, address regulatory changes, recover from distress and
stimulate growth. Our professionals employ their expertise in
finance, operations, strategy and technology to provide our clients
with specialized analyses and customized advice and solutions that
are tailored to address each client's particular challenges and
opportunities to deliver sustainable and measurable results. The
Company provides consulting services to a wide variety of both
financially sound and distressed organizations, including
healthcare organizations, leading academic institutions, Fortune
500 companies, governmental entities and law firms. Huron has
worked with more than 425 health systems, hospitals, and academic
medical centers; more than 400 corporate general counsel; and more
than 350 universities and research institutions. Learn more at
www.huronconsultinggroup.com.
Huron Consulting GroupJennifer Frost
Hennagir312-880-3260jfrost-hennagir@huronconsultinggroup.com
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