A complete reminder and obligation management system

Legal Notice Register ensures you never miss an important notice, saving you time and money.

Learn More
firstimage

check20k+ registered contracts

Contract Management

The International Association for Contract and Commercial Management (IACCM) calculates that poor contract management costs businesses an average of 9% of revenues each year. ₁

Depending on the complexity, the average cost of a contract varies from $6,900, going all the way up to $49,000. ₂

In the United Kingdom (UK) alone, late contract payments can be charged at 8% interest, in addition to a late payment fee. ₃

contractimage

check Poor contract management costs businesses an average of 9% of revenues each year

Legal Notice Register has pioneered a complete payment, contract and obligation reminder system. By automating your company’s contracts, your related costs can be reduced by 25%-30%. ₄

We scan contracts in real-time using optical character recognition, extracting important data such as dates and contextual information, for example, the paragraph where a date is included. You can also manually add any legal or recurring obligations.

Legal Notice Register is already in use by several high profile law firms across the UK, with over 23,500 contracts registered.

notice

Upcoming Payments

notice

Contract Expiration

notice

Recurring Obligations

reminder

check Reminders can be linked with existing reminder and calendar solutions.

Reminders

Once we have extracted dates and relevant information, contracts are completely removed from our system. Our automated system will detect the contract type, then ask if you would like to be alerted before action is required.

You can choose between our default or highly customisable reminders, which can be changed for each individual contract. We can also make industry-specific recommendations, and tailor your notifications if you have a physical business premises.

Reminders can be linked with existing reminder and calendar solutions, and can continue to remind you until action has been taken. This ensures your compliance with a variety of different contracts and obligations.

We’re raising money to ensure you never miss an important notice.

Take part in our Initial License Offering to help make this a reality, and share in our profits.

raising

Other Applications

Integrations

We easily integrate with existing scanning hardware and software. For example, if you are a postal provider you can easily integrate with us to provide your clients with a higher level of service.

application
Contract Issuance

As contract experts, we can also help issue new contracts. We ensure that contracts are more transparent for all parties, easy to comply with, and through our technology, unforgettable.

application

Sources

source
1. Poor Contract Management Costs Companies 9%

Research shows that good Contract Development and Management could improve profitability by the equivalent of massive 9% of annual revenue*

source
2. The Cost of a Contract

The true cost of a contract reflects the extensive (and growing) time of departments in getting a deal through their organization.

source
3. Late commercial payments: charging interest and debt recovery

The interest you can charge if another business is late paying for goods or a service is ‘statutory interest’ - this is 8% plus the Bank of England base rate for business to business transactions.

source
4. The Contract Management Solution Selection Report

With profitability, compliance, and risk management high on executive agendas, demand for contract management automation is on the rise.