Gatekeeper

Score7 out of 10

5 Reviews and Ratings

What is Gatekeeper?

Gatekeeper is a Contract and Vendor Management Solution that brings visibility and transparency to contract and vendor sets, used to create a single source of truth with a central data repository, and to develop robust, scalable processes using automation.

Its key benefits include:

Cost reduction. A clear line of sight of contract arrangements helps identify wasted spend and areas for consolidation.
Time saved by reducing the amount of time spent on admin, so legal teams can spend more time on activity that requires their expertise rather than basic administration, which doesn’t.
Risk mitigation. Every business contract can bring with it some level of risk, whether it be legislative, financial or supply chain. By increasing visibility and helping to quantify those risks, Gatekeeper reduces the chance of any kind of failure or penalty.
Benefits realisation. Research shows that an average 50% of negotiated savings are never realised after a contract is signed. This is because of a lack of monitoring and oversight, which Gatekeeper provides.