Contract Lifecycle Management for the Modern Enterprise
Organizations in every industry are digitally transforming business processes to be more agile, efficient and customer-focused. Some organizations have invested in first-generation contract lifecycle management (CLM) solutions that came up short on results. In fact, some have been so difficult to implement, use and customize that they’ve become more of a problem than a solution.
While electronic signature technology has made signing and executing contracts faster and easier, the steps before and after the signature are usually managed through spreadsheets, emails and other outdated tools. In this whitepaper, we’ll illustrate how a modern contract lifecycle management solution manages those processes with new workflow efficiencies including:
- Automation of most manual tasks
- Orchestration of complex workflows
- Elimination of unnecessary risks