Implementing a contract management solution offers significant savings in purchasing, enables efficient sales cycles, and lowers compliance risk.
Built on no-code platforms, our contract lifecycle management solutions (CLM) come with customizable best practice functionality for buy and sell-side contract management including repository and templates, clause library, flexible approval workflows, built-in Artificial Intelligence, security and compliance safeguards, automated notifications and seamless integration with existing systems.
Contracts drive modern commerce. Large organizations manage up to 20,000-40,000 contracts, according to PwC. Companies also lose 9.2% of annual revenue due to poor contract management practices, according to World Commerce and Contracting. On top of that, Gartner says 85% of companies don't have an enterprise contract management system.
Learn how our technology partner Agiloft helps manage the contract lifecycle.