Optimising contract management: A client engagement success story

At GLX CARGO, we believe effective solutions are born through active engagement with the very people who will ultimately use them every day. Recently, in consultation with Woodside Energy Ltd (Woodside) we developed an advanced digital Agreement Lifecycle Management solution (ALM) to streamline and automate contract processes from end-to-end.

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THE NEED:

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A solution was required to enable Woodside to streamline its contract creation, review and approval processes, and provide visibility of all agreements in one centralised location.

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THE SOLUTION:

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GLX Digital applied its deep subject matter expertise in contract management and years of experience developing complex enterprise tools to design and deliver a powerful agreement lifecycle management system. Through targeted workshops, focused feedback sessions, and an iterative development approach, we identified critical user pain points, prioritised key features, and built a solution that effectively manages every stage of the contract lifecycle, from drafting and negotiation to execution, approvals, and renewal.

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"Engaging with the GLX Digital team was a valuable experience,” a Woodside spokesperson said. “They took the time to understand our specific needs and delivered a software solution that meets all of our functional requirements. The process was efficient, and the end result will significantly enhance how we manage our contract lifecycle."

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KEY FEATURES OF THE NEW SOFTWARE INCLUDE:

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Reduce administrative overheads: Automate workflows and receive custom alerts for deadlines to simplify approvals and reduce manual tasks.

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Single source of truth: Store all contract-related information in one place for better record-keeping and easy access; and enable visibility over all agreements in a singular location.

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Standardised processes and collaboration: Enable seamless collaboration across departments with standardised workflows.

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Enhanced monitoring and reporting: Easily track contract status and generate insightful reports for better decision-making.

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Improved communication: Facilitate seamless communication and negotiation management through the platform with all parties, both internal and external.

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Improved efficiency and compliance: Ensure adherence to contractual and legal obligations by automating processes and providing access to pre-approved, standardised templates.

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LIKE TO KNOW MORE?

To learn more about this project, or to discuss GLX Digital’s products and how we engage with our customers, get in touch.

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