Contract lifecycle management (CLM) automates and streamlines contract processes during key stages. These stages include initiation, authoring, process and workflow, negotiation and approval, execution, ongoing management and compliance (within the repository), and contract renewal.
Buyers and suppliers save time and reduce errors by creating a common language, core templates, unified terms, and repeatable, consistent conditions. Most contract management software is designed to provide greater visibility into corporate spend, create greater efficiencies in the contract process, and lower administrative costs. This is accomplished by:
Managing procurement and sales contracts, IP licenses, and internal agreements
Automating and accelerating contract lifecycle management from start to finish
Standardizing and controlling contract development
Strengthening operational, contractual, and regulatory compliance
Creating contracts quickly and easily using pre-approved templates and legal clauses.
Job Function: Other
Job Type: Full Time
Workplace Type: Not Specified
Experience Level: Not Specified
Salary: Competitive & Based on Experience
Experience: 0 - 0 yrs
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