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Problem
ClearScore’s SaaS contracts were managed in silos, with no centralized visibility into legal and commercial terms. Procurement had no way to compare liability caps, renewal clauses, or notice periods across vendors.
Without access to a structured repository of terms, the team faced high exposure to unfavorable conditions and non-compliant agreements.
Key risks like missing certifications, outdated policies, or lopsided contract language often went unnoticed until after renewals.
Solution
Vertice centralized ClearScore’s SaaS contract data and surfaced the legal, security, and compliance posture of every vendor through the Diligence Insights module. The team could now:
- Compare contract terms like liability caps, notice periods, and renewal clauses across vendors
- Identify missing SLAs, certifications, or high-risk clauses from a single view
- Collaborate across procurement, legal, and IT with standardized summaries for every contract
Outcome
ClearScore gained complete transparency into the structure and risk profile of its $7.5M SaaS portfolio.
Diligence Insights made it possible to identify and fix weak contracts in advance of renewal. All contract terms are now tracked in one place, improving compliance, streamlining negotiations, and reducing exposure across the business.
Plus, improved terms across all contracts contributed to a 29% average saving per contract.