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Contract Lifecycle Management (CLM) is a business process that enables organizations to manage the entire lifecycle of a contract, from its creation to its execution and renewal. CLM solutions provide organizations with the ability to streamline the contract process, reduce costs, and improve compliance. CLM solutions also enable organizations to track and manage contract performance, as well as to identify and address potential risks. CLM solutions are used by organizations of all sizes, from small businesses to large enterprises.
CLM solutions provide organizations with a range of features, including contract authoring, negotiation, and approval; document management; workflow automation; and analytics. These features enable organizations to improve the efficiency and accuracy of their contract processes, as well as to reduce the risk of non-compliance.
Some companies in the Contract Lifecycle Management market include Apttus, Conga, DocuSign, Icertis, and SpringCM. Show Less Read more