When it comes to contract management insights, data is your most valuable asset. After all, your contracts contain a wealth of critical business information such as dates, terms, contacts, organizations, compliance requirements, buy-side and sell-side line items, and more. The question is, are you able to effectively access and analyze your contract data or is it stuck in shared folders, spreadsheets, and hard drives?
At Contract Logix, our data-driven contract lifecycle management (CLM) software empowers you to manage contract data differently. Our unique and intelligent approach helps you transform your contract data into fast, actionable, and accurate business insights. Insights that empower legal teams to mitigate contract risk, sales to shorten contract cycles and reduce time to revenue, procurement to gain process visibility and improve vendor management, finance organizations to drive contract profitability, and IT to assure access to your legal agreements.
By downloading this guide, you will learn how to unlock the power of your contract data. It examines 10 keys to delivering data-driven contract management insights and the benefits they provide to your business.
You will learn how to:
- Manage contracts and data according to your business processes.
- Search, filter, and analyze all contract data and document language.
- Configure the data to your specific needs.
- Get visibility into the stage and status of every agreement.
- Track and reconcile line items for buy-side and sell-side agreements.
- Monitor and optimize the performance of your contract management processes.
- Never miss another contract date, renewal, obligation, or opportunity.
- Manage addendums, amendments, and terminations like a contract binder.
- Accelerate contract cycles with intake and request forms.
- Increase security and regulate access to your contracts.