Carol Z

The Source Company

The  Source was founded in early 2020 based on the growing demand for business solutions to optimize cost structures and increase efficiency in contract management. This niche solution developed naturally as several organizations were faced with low transparency over their contracts, while struggling to get a grip on data which were desperately needed. Optimizing contract lifecycle management demanded to collect and capture data, standardize processes and workflows and ensure a structured repository for documents and reporting on content or at clause level. As artificial intelligence and machine learning capabilities are far from cost effectiveness and sound operability, the outsourcing approach quickly became a valid option. The Source advices and operates with legal operations focus, but includes many more services that can be offshored to leverage savings and efficiency. Let us help to transform your complex business challenges into standardized, compliant and efficient process. We are team of MBAs, Lawyer, IT-Specialist, Consultants that are experts in Shared Service implementation worldwide across different branches and functions, in legal operations and Contract Management. We are Innovators and Pioneers in designing, building, implementing & outsourcing of a global scaled setup incl. process, system & organisation in a world leading life science franchise. First in the industry to implement an end-to-end solution through: Best practice processes and procedures, templates within project and transition framework and safeguarded quality measurements. We provided significant savings to client related to reduction of costs across functions particularly Legal, Procurement, Accounting, IT and many others.