What is CLM?
Contract lifecycle management (CLM) is software that manages all aspects of a contract or legal agreement from creation to negotiation through execution.
Nearly every business runs on contractual agreements. The average enterprise maintains anywhere from 20,000 to 40,000 long-term contracts. Yet, most companies manage each contract manually.
Use a CLM service to provide a single digital repository where your organization can store all its legal documents. Our new and sophisticated systems use the best artificial intelligence to import contracts, analyze the language and jargon, flag risks, and manage contractual obligations.