In preparation for the publication of our 2016 Contract Lifecycle Management (CLM) report, due out tomorrow, we’ve compiled a brief guide to the CLM process, which includes a list of what to look for when selecting CLM software. This guide is a great starting point for organizations looking to bring more security and precision to the contract lifecycle.

The Contract Lifecycle Management Process

A contract can arise from many different organic formats, such as employment letters, sales invoices, POs, utility contracts, etc. In addition, contracts can require special attention due to their complex nature, like a contract for goods and services with specific regulations, or international trade agreements. Therefore it is important that contract management systems are able to adapt to and convert these documents into the proper format, compliant to organizational and government regulations.

For more on contract management software, download the full guide, Contract Lifecycle Management: Solutions and Benefits.