Best Contract Lifecycle Management (CLM) Software - Page 2
Contract lifecycle management (CLM) software is used to streamline the entire contract lifecycle process, from pre-signature to post-signature. CLM software can simplify the process of managing contracts across key lifecycle stages such as contract creation, negotiation, execution, approval, and renewal.
CLM software tracks milestones, deadlines, and obligations outlined in the contract, sending automated reminders and notifications to relevant parties. While traditionally utilized by legal teams, CLM software is widely used by other teams within an organization, such as sales, procurement, and finance. By automating contract workflows, these tools help manage high volumes of routine agreements more efficiently.
Unlike contract management software, CLM software helps users manage actions post-signature (or post-execution), including obligation tracking, performance and compliance management, and dispute resolutions. These tools provide a centralized platform for storing all obligation terms and communications. This assists businesses in mitigating risks, ensuring all internal and external parties understand and deliver on their contractual obligations. Having a centralized repository and access for collaboration, shared automated workflows, and visibility to contract performance analytics helps improve compliance and overall efficiency for managing contracts.
CLM software commonly integrates with customer relationship management (CRM) software, proposal software, accounting software, and e-signature software.
To qualify for inclusion in the Contract Lifecycle Management (CLM) category, a product must:
Best Contract Lifecycle Management (CLM) Software At A Glance
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Optimus BT's eContract software integrates with Microsoft Office 365 and Microsoft SharePoint and enables companies to keep track of complex business contracts.
42 Twitter followers
- Overview
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Pims Contract Management is an enterprise solution for complete Contract Lifecycle Management. Pre and Post award functionality is available and includes tender document and contract document creation
- Overview
- Pros and Cons
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Pocketlaw is a next-generation legal tech solution leveraging automation and AI to empower teams and businesses across multiple sectors to work more effortlessly and confidently with legal at scale.
- CEO
- 61% Small-Business
- 35% Mid-Market
91 Twitter followers
- Overview
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RenewIT360 is the premier provider of cloud-based contract renewal solutions. RenewIT360 helps resellers, companies and vendors optimize 3 things when it comes to renewal contracts: 1. How much money
- Overview
- User Satisfaction
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Contracts and Obligations Management System (COMS) is an enterprise-class web application capable of efficiently managing contracts and obligations. COMS allows creation and management of Contract Att
363 Twitter followers
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- Overview
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SignDesk CLM transforms the way businesses handle contracts. It offers a complete digital solution to simplify every step – drafting, negotiating, signing, and tracking with automation. This seamless
- Overview
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SP Contract Tracker by SP Marketplace is an intuitive contract tracking solution built natively on Microsoft 365 and SharePoint, designed to help organizations streamline their contract lifecycle proc
618 Twitter followers
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Contract intelligence and analytics platform powered by AI that unlocks valuable data trapped in documents. Terzo uses powerful AI technology to extract, analyze, and visualize your contract data. T
152 Twitter followers
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top.legal is a SaaS platform revolutionizing the contract negotiation process. With a clear vision to eliminate contract negotiation hassles and optimize outcomes, we provide a solution that integrate
- 100% Small-Business
- Overview
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Contract labour management system is basically used for managing and keeping track of contractual labour. Contract management software is also used in recruitment, for contractual staffing and to calc
- Overview
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The TQG businessApp cloud platform is the digital, high-performance platform for companies to optimise and structure business processes, contracts, documents and responsibilities for the future. Th
- Overview
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Universal Contract Manager, by iContracts, revolutionizes how organizations think about and manage all aspects of a company's contract management process, transforming it from an unwieldy collection o
- 100% Enterprise
193 Twitter followers
