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12 Criteria for an Effective Contract Lifecycle Management System

Turn static documents into strategic advantage: generating and accelerating value, mitigating risk, and providing the insights needed to keep your business out in front, now and into the future.

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Transforming the Foundation of Commerce 

Today’s global companies compete in a marketplace fraught with economic uncertainty and stringent regulations. Producing products and services, and moving them to market, depends upon an intricate network of business relationships that includes suppliers, customers, and employees.

Contracts provide the foundation for the complex web of business relationships that drive commercial success. At a bare minimum, contract management software functions as a repository for static documents.

But contracts are capable of much more.

An organization-wide CLM platform can transform your contracts into strategic advantage, generating and accelerating value, mitigating risk, and providing the forward-looking insights you need to capitalize on the full value of every business relationship and improve your business in ways you never imagined.

This white paper outlines twelve key criteria for evaluating a contract management solution.