How ContractHero helped Finc3 save time and money

As a digitally positioned group of companies with a focus on e-commerce marketing, Finc3 works with many partners, tools and contracts. To maintain an overview and make internal processes efficient, Finc3 relies on ContractHero - for more transparency, clarity and structure in contract management.

About Finc3

Finc3 is an international group of companies specializing in digital marketing, e-commerce and data-driven growth. With an interdisciplinary team, Finc3 supports companies in the strategic and operational digitalization of their marketing and sales activities.

Franziska Böhnemann
Executive Assistant Finc3 Ltd

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Challenge

Overview

The lack of clarity regarding current contracts and their deadlines and key details is particularly problematic in the stressful day-to-day running of an agency. However, the creation of new contracts is also quickly postponed because the existing processes are too long. There was also a lack of a customizable solution for internal contract management that could be ideally adapted to the requirements of Finc3.

Clear handling of contracts
Saves time when creating and managing contracts
Greater degree of customization

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!

Solution

Thanks to the intuitive contract creation, with the individually customizable modular system, various use cases can be mapped and corresponding contract categories can be created and adapted. For example, a distinction is made between rental contracts or leasing contracts (storage space, water machines), mobile phone contracts, subletting contracts, license agreements, NDAs/non-disclosure agreements and insurance policies.

In addition, finding contracts is no longer a laborious and, above all, time-consuming task, as it only takes a few clicks to find the contract you are looking for. Finc3 saves a considerable amount of time when searching for contracts compared to the previous solution.

However, ContractHero also makes it easier and less time-consuming to create contracts. Compared to the previous solution, with ContractHero it takes about half as long for a contract to be entered and ContractHero has created internal structures that allow new contracts to be uploaded across the agency - quickly and easily. This particularly affects contracts that are relevant for the entire agency and for which clear handling across teams is required.

Save time when searching for contracts
Cross-team access to contracts
Digital overview of all contracts

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