Services

Contract Lifecycle Management & Automation

Streamline your contract lifecycle with LightHub's AI-powered CLM platform.

 

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Overview

LightHub is Beacon Consulting's integrated Contract Lifecycle Management (CLM) platform designed to streamline every stage of the contract process. From contract intake and drafting to collaboration, approval, and post-signature management, LightHub centralises and automates key activities, ensuring consistency, compliance, and efficiency.

The platform is modular and technology-agnostic, meaning it can be tailored to meet specific client needs and integrates seamlessly with existing systems. Whether clients are seeking end-to-end contract management or specific contract automation solutions, LightHub provides the flexibility and scalability to support their goals.

Key Offerings

  • Intake & workflow orchestration

    Manage contract requests, approvals and handoffs

  • Clause & template library

    Maintain standardised clauses and template documents

  • Document generation

    Create contracts using AI-assisted drafting and document assembly

  • Smart search & risk scoring

    Search across contracts for clauses or obligations; identify risks and anomalies with AI

  • Anonymisation & obligation extraction

    Remove sensitive information and extract key obligations automatically

  • Bid analytics & predictive alerts

    Analyse bid data and warn about expiring contracts or obligations

 Our Team

LightHub leverages AI and machine learning to enhance contract lifecycle management. Key modules such as clause extraction, document generation, risk scoring, and smart search are powered by these technologies, automating routine tasks and providing valuable insights.

Despite the power of AI, all outputs are reviewed by domain experts to ensure quality, accuracy, and relevance to each client's unique context. This blend of advanced technology with human oversight ensures that the platform delivers high-quality, reliable results.

LightHub is built with security, modularity, and integration capabilities in mind. It is fully technology agnostic, integrating seamlessly with existing systems, and can be tailored to meet the specific needs of any organisation, ensuring secure and efficient management of contract data across the enterprise.

Outcomes & Benefits

LightHub delivers several key benefits: Accelerated contract cycles through automating routine tasks like contract drafting and approval to speed up the process and reduce delays, Improved compliance by ensuring contracts are consistently aligned with legal and regulatory requirements through automated checks and standardised templates, Enhanced visibility into obligations and renewals by tracking contract milestones, obligations, and renewals with real-time visibility to prevent missed deadlines and ensure proactive management, and Continuous improvement through data by utilising analytics and insights from contract data to drive ongoing improvements and optimisations in contract management.

LightHub modules can be purchased individually or as part of managed services, providing flexibility to choose the right solution based on your needs.