A business that helps firms better manage their contracts using IT has itself revealed some major new deals - and predicts a whopping 200 per cent sales growth this year.

ContractsWise Ltd, based in Tewkesbury, specialises in cloud-based solutions to help businesses manage contracts more efficiently and effectively and keep control of vital documentation.

Used to handling the success of others, the business has revealed it has landed a "major new software contract" with both internationally based clients and large public-sector organisations.

Noel Green, managing director of Contractwise, said: "'It has been a fantastic start to the year and we are delighted to work with these prestigious organisations. It demonstrates the robustness and calibre of our product.

"We are confident that what we offer adds value to any size business from SME to a large corporate."

Its big wins include online electricals retailer, AO.com which selected ContractsWise's ECAS software to help it manage all its IT contracts. The system updates the clients when actions need to be taken.

And an international government-funded agency in the Netherlands also selected the Gloucestershire business, as South Central and West Commissioning Support Unit, part of the NHS.

It too chose ECAS to manage all its IT contracts.

ContractsWise launched its software in 2014 and is forecasting a 200% increase in sales this year "much of which will be reinvested in product development" using the specialist software development company i-lateral based in Lydbrook in the Forest of Dean.

ContractsWise offer cloud-based solutions that help their clients manage contracts more efficiently

Mr Green added: "You can imagine that as organisations grow their information can be all over the place.

"Our system helps you to systemise and organise your contracts and documentation, so you are more efficient and puts control back in the hands of the right people, therefore allowing you to get on with other important jobs knowing that everything is taken care of."