Contract management made easy

Without Trackado, we often found it difficult to find a specific contract that we knew we had, but it was hard to locate due to our various storage methods. Furthermore, going through the different stages of business input, drafting, approvals and signature was difficult without a formalized process and tool. And Trackado also improves our audit processes! We are a subsidiary of a listed company, so our audit requirements are high and at a recent audit, when I was able to access Trackado and simply export a list of new contract partners for the year I knew we have made the right choice.

Before using Trackado, managing contracts without a proper solution was frustrating and inconsistent. We used a spreadsheet, which made it difficult to gain any insights or analysis from the data. There was also little central legal team oversight of key contract dates. With Trackado, we were able to analyze and draw insights from our contract library, seeing common types of contracts and being able to draw efficiencies from this. It proved to be the right choice for our business. We like that Trackado is simple to use and that we could fairly easily tailor it without costly development time. I would recommend it for any business looking for its first contract management system.

Before using Trackado, managing our contracts was frustrating. We had a structure in place to store our contracts, but we didn't have a nice overview which also gave us timely notifications of when they were expiring. This caused deals to renew or end automatically without us having the right infrastructure to avoid this from happening. The moment we knew we had made the right choice with Trackado was when we received email notifications that gave us a heads-up when something was ending or renewing. This really helped us to keep on top of things and avoid sticky situations with partners we didn't want to continue to work with. I would strongly urge any record label or company whose core business is licensing to use this software. It's absolutely crucial and can help you generate more revenue by approaching partners whose licenses are expiring specifically.

The ability to work with our contracts in the repository has made contract admin so much easier! The email-in feature is also something we use extensively, when our sales team confirms a new contract, they simply copy in the Trackado email address, and the contract is then uploaded directly to our repository. A slight change in our process has made the whole experience much more streamlined and easier to navigate.

Since transitioning to Trackado, everything has been very smooth, centralized, and super user-friendly. Their customer support always responds really fast, listens to their customers and issues are fixed immediately. Whenever I suggest new features, they listen well and are willing to implement them.

Trackado is the best value product we have. In terms of being value for money, it’s the best thing we ever brought into the business.