Streamline contract-management processes and gain insight across their entire lifecycle
87%
efficiency can be achieved by organizations that generate contracts through a contract lifecycle management (CLM) solution[1]
Maintain consistent, approved legal language across contracts and ensure they are reviewed and signed by the right people, on time.
Store contracts from across the business in a single repository for a single source of truth of all-contract-related information.
Use contract templates and simple document-generation workflows to create new contract drafts in seconds.
Quickly secure approvals from a dispersed approver base and get real-time updates with automated contract signature workflows and e-signature capabilities.
Manage contracts across all lines of business in a single solution, including sales, procurement, HR, IT, legal, real estate and more.
Connect content with leading business applications to ensure contracts stay out of silos and information is available to users.
Legal teams work with Sales, Procurement, HR, IT and other departments during contract creation and review. Unique processes in each department lead to confusion and delays. Standardize processes for streamlined and consistent results.
Organizations need to ensure contracts adhere to approved business language. Individually drafting contracts can cause problems during review and introduce unintended risk. Use contract templates and clause libraries to reduce common deviations.
Contract cycle times need to be fast to ensure deals go through quickly. Manual processes are hard to track and cause confusion and rework that slow cycle times. Leverage contract templates and review and approval workflows to accelerate processes.
Starting contract renewals early gives organizations time to work out new contract details. With a growing number of contracts, manually tracking renewal dates is difficult and risks rushed or missed deadlines. Automatically track upcoming renewals.
Businesses must maintain an archive for contracts that are kept for legal or regulatory reasons. Physically storing large volumes of paper means the documents’ information cannot be easily searched. Digitize historic contracts.
See how customers are succeeding with Contract Lifecycle Management solutions.
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