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Implementing CLM can lead to significant improvements in cost savings and efficiency. [1] Understanding CLA and using contract lifecycle management software to automate CLM processes can help to limit organizational liability and improve compliance with legal requirements.
In CLM features are used as an abstraction layer between the CLM-system and subscribing systems. A feature string is a valid (as determined by the definitions in the CLM system) complete or partial selection of features that define a product. The feature string acts as a product's DNA that is shared by all subscribing systems and processes.
Contract management software is produced by many companies, working on a range of scales and offering varying degrees of customizability. Basic functions should include the ability to store contract documents, track changes to contract documents , search documents for a particular criterion, send key date alerts and to report required aspects ...
Tangoe (NAS: TNGO) is a leading global provider of Communications Lifecycle Management (CLM) software and services to a wide range of global enterprises. CLM encompasses the entire lifecycle of an ...
The overall scope of the CLM implementation process encompasses all domains or departments of an organization, which generally brings all sources of static and dynamic data, marketing processes, and value-added services to a unified decision supporting platform through iterative phases of customer acquisition, retention, cross-and upselling ...
[1] [5] Apttus’ software was originally developed to leverage the Salesforce customer relationship management platform, [5] but it has since been integrated with Microsoft Azure [6] and IBM Cloud [7] as well. In May 2020, Apttus merged with contract lifecycle management (CLM) specialist Conga and took its name. [8]
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The software is licensed to companies through a software-as-a-service model. [ 1 ] [ 11 ] [ 12 ] The company's flagship product, Icertis Contract Intelligence , is a contract lifecycle management platform, [ 13 ] which allows a company to digitize and store all of its contracts in the cloud.