Contract Lifecycle Management

Unmatched configuration flexibility

• Configure dynamic workflows and model organizational attributes, contract types and related objects, as well as forms.
• Establish rules-supported agreement relationships including parent-child and peer-to-peer.
• Drive intelligent processes with robust rules engines and with multi-org architecture to support global matrix organizations.

Personalized experiences

• Ensure ease of use with deep Microsoft Office integration and an intuitive, responsive, mobile-friendly user interface (UI).
• Empower employee self-service with built-in onboarding and learning tools.
• Provide relevant access with role-based and personalized dashboards and workbench.

Enterprise-grade Security and Administration

• Tailor and control user access with role- and organization-based access, rule-based dynamic access control, and granular access controls on fields, documents and actions.
• Manage highly sensitive confidential contracts.
• Streamline administration with enterprise-class tools including auto provision, bulk replace, extended data model, and rights management.

Cloud-native, Scalable Architecture

• Gain the full cloud advantage of Microsoft Azure native architecture for highly secure and scalable deployments with support for hybrid deployment and distributed storage.
• Scale globally with a localized, multilingual and multi-currency platform.
• Extend the value of CLM across the business through a robust API library with packaged integrations.

Rapid Contract Generation

• Enable self-service with flexible, rule-based contracting workflows.
• Accelerate contract generation with dynamic assembly of clauses, pricing tables, exhibits, and related documents as well as by starting with templates and third-party paper.
• Automate contract intake with integration to CRM and Sourcing systems.

Intelligent Negotiation and Execution

• Streamline collaboration with both internal and external parties with email integration and a controlled-access collaboration portal.
• Upgrade negotiations with assistance from historical insights and two-way document sync to identify, report and track all negotiation changes.
• Ensure smooth contract execution with packaged integrations for electronic signatures as well as support for manual signatures.

Simple, Scalable Contract Administration

• Reduce administration time with automated reminders and tools to easily manage and track expiries, renewals, amendments, completion and terminations.
• Trigger updates based on policy changes.
• Conduct governance reviews, capture compliance and performance data.

Advanced Monitoring and Bulk Processing

• Configure notifications for contract lifecycle alerts and set up rule-based exception alerts.
• Simplify with bulk processing across contract operations including to generate contracts, apply amendments and updates, and trigger workflow actions.

Standardize Contract Content

• Standardize contracts with templates; clause libraries with fallbacks and dependents; rule-based authoring to allow approved language only; and rule-based inclusion of exhibits and documents.
• Enforce terms based on relationship rules such as MSA to SOW and sell-side to buy-side.
• Leverage packaged integrations for products and pricing.

Automate Obligation Management

• Seamlessly manage both manual and rule-driven commitments.
• Identify and assign one-time or recurring actions to internal and external users with notifications, tasks and fulfillment actions.
• Advance obligation lifecycle management with AI and machine learning support.

Intelligent Negotiation Tracking and Workflows

• Ensure correct approvals for deviations in terms/clauses with dynamic approval workflows plus dependent workflows for distributed process compliance with external systems.
• Automate correct execution to authorized signatories with rule-based signature flow.
• Simplify tracking and reporting with automated version management and audit history.

Apply Powerful Risk and Commercial Compliance Tools

• Enforce contract terms on order-to-cash and procure-to-pay processes and enforce review and administration tasks based on risks.
• Intake transaction data to measure compliance to terms, budgets, and plans.
• Identify and quantify contract risk based on contract attributes and term deviations and integrate with third-party tools to measure risk.