Knowledge Base2018-11-30T21:13:12+00:00

What is Contract Management?

At its most basic, contract management is the process of organizing a body of contracts, templates and clauses to drive standardization and efficient retrieval. However, unsophisticated approaches to contract management are becoming a major liability to enterprises as the risk…
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What is Contract Lifecycle Management?

Contract lifecycle management (CLM) is the management of an organization’s contracts from initiation through execution, performance and renewal/expiry. Effective and proactive contract lifecycle management is achieved through the use of contract lifecycle management software. CLM software can lead to significant improvements in…
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