Are Your Contracts Costing You Money?
Most organisations are paying more than necessary for their contracted services. Whether it's software licenses you're not fully utilising, automatically renewed contracts at inflated rates, or services that no longer match your needs—there's almost always room for improvement.
Meridian CPL brings a fresh, objective perspective to your contract portfolio. We identify opportunities for savings, prepare robust negotiation strategies, and support you through the renegotiation process.
Our clients typically achieve 15-30% savings across their contract portfolio within the first year of engagement.
Our Contract Services
Comprehensive contract management support from review to renegotiation
Contract Review & Analysis
Thorough line-by-line review of existing contracts to identify unfavourable terms, hidden costs, and potential risks.
Gap & Risk Analysis
Identification of contractual weaknesses, missing protections, and opportunities for improved terms.
Negotiation Strategy
Expert strategic support during contract renegotiations, leveraging our experience to secure better outcomes.
Cost Optimisation
Systematic identification of cost reduction opportunities, including pricing structures, hidden fees, and bundled services.
Contract Drafting Support
Assistance with drafting new contracts and service level agreements that protect your interests.
Renewal Management
Proactive tracking of contract renewal dates to ensure timely renegotiation and prevent automatic renewals.
Typical Savings by Category
Real savings achieved through strategic contract renegotiation
Software Licensing
15-30%
Through license optimisation and vendor negotiation
Telecommunications
20-40%
By consolidating services and renegotiating rates
IT Support Contracts
10-25%
Via service level alignment and competitive benchmarking
Professional Services
15-35%
Through rate negotiation and scope refinement
Contracts We Review
We evaluate all types of business contracts to identify savings opportunities
Vendor & Supplier Contracts
- Software licensing agreements
- IT service contracts
- Maintenance and support agreements
- Equipment leasing arrangements
- Office supplies and services
Service Agreements
- Professional services contracts
- Consultancy agreements
- Outsourcing arrangements
- Managed service agreements
- Marketing and agency contracts
Commercial Contracts
- Customer agreements
- Distribution contracts
- Partnership agreements
- Franchise arrangements
- Joint venture agreements
Our Process
A systematic approach to contract optimisation
Contract Audit
We compile and review all existing contracts, identifying key terms, renewal dates, and potential issues.
Cost Analysis
Detailed analysis of pricing structures, benchmarked against market rates and your actual usage patterns.
Strategy Development
Creation of a prioritised renegotiation strategy based on potential savings and contract timelines.
Negotiation Support
Direct support during negotiations, providing data, tactics, and experienced guidance.