What Is Contract Lifecycle Management? – A Deep-Dive Into Contract Automation
Contract Lifecycle Management- Optimizing Business Documenting Process
The sheer volume of documents processed daily by businesses is exceedingly high, and managing them often becomes tedious. No matter the industry, every business deals with documents like purchase orders, supplier agreements, legal bonds, employee contracts, and many more. Businesses require a solution to make the process simpler.
Contract Lifecycle Management, or CLM, is the answer to the documenting issue all businesses encounter. By integrating with an AI-driven solution, businesses can add efficiency and speed to their contract management system.
What Does Contract Lifecycle Management Mean?
When businesses envision driving efficiency into their documenting process, a question that often pops up is, ‘What is Contract Lifecycle Management, and how can it help my business?’.
CLM is document management technology capable of digitizing contracting procedures such as drafting, negotiation, contract signatures, and even contract tracking. As for how CLM helps businesses, smart contract management optimizes these procedures and makes them easier to complete.
From drafting a contract to its execution, CLM spans the entire documentation journey, including authentication, approval, storage, and renewal. The AI-integrated solution expedites the documentation process and tracks the document’s status throughout its lifecycle.
Contract Lifecycle Management enables businesses to revamp their contracting process flow, which is usually time-consuming and demands several people’s complete involvement when done manually.
By introducing CLM into document management, enterprises can automate the contract process flow and allow employees to focus on the tasks that matter.
Why Do Businesses Need Contract Lifecycle Management?
For several reasons, businesses face numerous challenges when they have to draft, manage, execute, and track multiple contracts. These include – an over-reliance on legacy technology, the utilization of non-scalable procedures involving manual and paper-based workflows, and a profound lack of automation in the documentation procedures of businesses.
These factors result in numerous challenges and problems. Some of the issues concerning document management that firms face are:
Unmitigated complexity in document management: The average business produces several tonnes of documents annually and makes several billion copies of the same documents. Complex stakeholder relationships, contract lifecycles with numerous touch-points, and regulatory compliance requirements further exacerbate the pure scale of contracting. This situation is especially dire for businesses in the finance, insurance, and retail sectors which contract several vendors and distributors to streamline their operations and are also heavily regulated. These businesses all require a smart way to manage their contract lifecycles.
Challenges in collaboration between teams: Business contracting is a collaborative process between sales, legal, operations, and finance teams. However, due to the massive scale at which contracts are drafted, negotiated, and executed in modern businesses, collaborating on contracts is among the biggest team challenges. A lack of good version tracking also contributes to the siloing of teams and results in lowered efficiency.
Duplication & multiple manual entries: Businesses need many copies of a single contract for different purposes. With the absence of CLM software, a need arises to spend considerable amounts of time creating multiple copies of the same contract. It, in turn, reduces workspace productivity which is undesirable for the business’s growth.
Missed renewals: Business contracts require timely renewal to keep a project running. The chances of missing out on renewing a particular contract are considerable as employees manage an excessive number of documents each day. This unnecessarily slows down the project and impacts the business, leading to both loss of reputation and discontinued contracts.
Unorganized storage: Relying on contract storage methods like paper documentation and filing cabinets make maintaining all the contracts in order challenging. A cluttered digital storage system makes managing and accessing business contracts difficult.
Contract tracking becomes strenuous: When a firm’s contract volume increases to thousands and more, manually tracking the status of each contract becomes laborious. This problem can lead to missed deadlines, and carrying out audit trails also becomes challenging.
High levels of contract risk: Without a secure and smart contract management system, contracts can easily get into the hands of unauthorized persons or simply end up being misplaced. This is a major threat as business transactions must be maintained safely to preserve confidentiality.
Contract drafting errors & delays: Drafting documents from scratch can lead to numerous manual errors that can simply be eliminated through contract management software.
Readily available templates, clause suggestions, and enterprise-wide contract standardization through CLM make creating and managing contracts easier. In addition, smart tracking, centralized storage, and automated renewals make the task more manageable for business owners and employees.
Features To Look For In Contract Lifecycle Management Software
Contract Automation Through AI: Contract Lifecycle Management employs artificial intelligence (AI) to automate major documentation processes that help employees focus on high-value tasks. Through CLM, businesses can automate their contract lifecycles to drive efficiency through their documenting process.
Quick Contract Creation: With an AI-powered CLM tool, creating contracts from scratch becomes fast and efficient. CLM solutions offer numerous pre-configured templates & workflows that can be used to draft any type of contract that the business or situation may require.
Collaboration Made Easy: Through CLM technology, multiple parties can work on a contract simultaneously. Negotiating parties can leave suggestions, redline clauses needing change, and track changes to digitally conclude negotiations. With real-time negotiating, parties can also quickly reach a settlement whenever a difference arises.
Organization-Wide Contract Uniformity: CLM tools unify business contracts and contracting processes on a single, smart platform. Centralized contract repositories and version tracking enable smooth collaboration and place control of contracts squarely in the hands of the relevant teams and stakeholders.
Integrated eSignatures: Implementing a business contract becomes easier with an eSign feature embedded in the digital contracts. Through electronic signing, executives and other stakeholders can authenticate the contract in no time, leading to high levels of contract efficiency. By eSigning documents, businesses can also ensure that all contracts are tamper-proof and verifiable. This makes eSign-enabled CLM technology essential for confidential business transactions.
Strong Audit Trails: A CLM system guarantees every contract’s integrity by capturing every annotation and agreement change made in the document. This paves the way for easy audit trails whenever a requirement demands reviewing previous contract versions. Additionally, strong audit trails ease compliance burdens for businesses functioning in highly regulated industry segments such as finance, healthcare, retail, and the pharmaceutical sector.
Compliance With Regulatory Regimes: With an AI-assisted contract management process, businesses can ensure that all their contracts’ terms comply with government and industry regulations. Smart CLM helps businesses maintain a virtual audit trail for all their commercial transactions and contract changes, making compliance even easier.
Controlled Access: Contract management software offers excellent security to business contracts that are often highly confidential. By providing role-based access models to provide different user permissions for contract stakeholders, & facilitating a multi-tiered approval process via an approval matrix.
Status Tracking: Through custom notification modules & timely reminders, smart contract tools notify users about various contract functions such as updates, renewals, payment dues, expiration, and more. This feature enables businesses to effortlessly track a contract’s status in real-time throughout its lifecycle.
Insights Delivered Instantly: CLM implements contract performance tracking to regularly deliver statistical data related to its operations and contract functions. This aids businesses in making key decisions regarding the processes implemented through the said contract.
Contract Learning: AI features in CLM solutions analyze contract performance and offer ready information to key stakeholders. These data are packaged & presented to enable better business decision-making and help businesses learn from their contracts.
Deadlines Aren’t Missed: Through CLM Contract Lifecycle Management integration, corporates can be assured they do not miss strict project timelines and stay updated with their procedural workflows.
The CLM Process Flow: How Does Contract Lifecycle Management Work?
By integrating contract automation software into their documenting workflows, businesses can encounter minimal errors and receive timely insights that can provide an edge over their competitors. The contract lifecycle process involves multiple steps in an orderly process flow, all of which are automated through a CLM platform.
Business Profile Creation: The company’s profile is created on the CLM software dashboard to help the firm gain quick access and find all its contracts. Businesses can monitor their contracts’ status through their designated profile set up on the CLM tool.
A Contract is Requested: Once the business profile is created, the business requests a new contract on the CLM platform. This request is assigned to team members on the CLM platform.
The Contract is Drafted: Legal or sales teams utilize custom templates to draft contracts instantly or compose contracts with the help of the software’s content libraries. Drafts can also be uploaded and templatized for later use. Tokenization is another useful feature of CLM software, allowing users to simply indicate the type of content required in any contract section and leaving this to be filled by the appropriate parties.
Parties are Invited: Businesses can invite multiple parties to work on a contract based on their projects’ requirements. Parties can easily negotiate and draft the contract by including suitable clauses and terms. Users can configure the templates to suit their requirements and create the contract from start to finish.
Contract Approval: The invited parties must now approve the contract contents hierarchically. Contract Lifecycle Management software offers advanced approval features that automatically send contract drafts for approval in a pre-programmed order. This is accomplished using intelligent approval matrices that significantly reduce approval times.
Online Negotiation: A CLM tool enables parties to collaborate seamlessly through real-time online negotiation facilities. Users can leave suggestions, track changes & redline content using the CLM software’s negotiation features. This benefits all parties involved as it helps develop relevant clauses for the contract and conclude negotiations quicker.
Clause Locking and Contract History: Once negotiations are completed, clauses are locked to prevent changes. Contract lifecycle management software enables users to customize their contracts to suit their needs. The clause-locking feature ensures parties do not edit non-negotiable clauses. Furthermore, all edits, suggestions, and changes to the contract are recorded for future reference.
Authentication Through eSign: The next step in a contract’s lifecycle is contract execution. With electronic signature integrations, contract lifecycle management software can aid businesses in executing contracts from anywhere in no time. The feature also adds a layer of security to the contract and ensures contract validity and security.
Contract Storage: Once eSigned, the contract is moved to an access-controlled repository. Moving contracts from filing cabinets to a secure, digital repository helps preserve the integrity of legacy contracts while also enhancing documentation efficiency. Smart CLM solutions allow employees to collaborate smoothly on contract workflows by enabling easy access to the latest versions. Additionally, smart CLM offers high security for confidential business contracts to be stored safely.
Timely Notifications: Businesses are notified of all upcoming events as contracts approach expiry or renewal. CLM provides users a custom notification module to configure timely reminders regarding contract updates, payment timelines, and renewals. Automation ensures businesses never miss a contract deadline and easily manage the otherwise tedious manual process.
How Do CLM Tools Streamline & Expedite Business Contracts?
With an AI-enabled contract management system, businesses experience many benefits pertaining to their document workflows that would otherwise require great attention to detail and consume time.
The advantages that contract lifecycle management software offers over a manual contract management process are:
End-to-End Process Standardization: With a CLM platform, businesses carry out all documentation procedures in one place. In addition, the tool offers regularity on all the documents created and executed by the firm. Staying compliant with rules and regulations also becomes easier when businesses implement a software-based CLM solution to their process flows.
Reduced Contract Approval Time: By setting up an automated contract creation and execution process, businesses can reduce the time spent on approving any document. CLM notifies the respective parties of their pending approvals, ensuring the contract’s successive steps are carried out without delay.
Minimized Time and Cost: Through automated contract generation, approval, storage, and renewal, corporations can significantly reduce the hours and the money they would otherwise spend to manage business contracts physically. Introducing a smart contract management lifecycle process also reduces the number of employees required to focus on this task.
Greater Contract Visibility: Through CLM technology, businesses can store all their documents in a central repository that allows for enhanced contract visibility through extensive reporting. The facility also enables remote teams to easily access a contract throughout its lifecycle without requiring their presence on-premise. Authorized parties can access the required document instantly through the presence of standard storage space for all business documents.
Contract Success: With the analytics tools provided by contract software, firms can measure their contracts’ success rates to make key decisions about their business process. The smart performance tracking feature of CLM software plays a vital role in enabling businesses to review the status and success of their contracts.
Enhanced Business Value: A business can deliver enhanced value to its clients/customers by fulfilling and exceeding their expectations. An accurate and reliable contract lifecycle management system enhances a business’s value and paves the way for continued business with the client.
SignDesk – Total Contract Automation For Seamless Contract Lifecycle Management
Businesses can introduce ease and efficiency to managing their contracts through SignDesk’s AI-driven CLM software. Firms can access smart contract management solutions on a single platform that can help them automate all their documenting procedures.
Contract lifecycle management creates a well-defined and customizable contracting process that offers efficient document administration with measurable results. With features like clause libraries, configurable templates, eSign integration, tokenization, company profile creation, digital repository, and many more, users can create, execute, and manage contracts the smart way.
Smart contract lifecycle management has enabled businesses across segments to make their contract cycles more than 50% faster and save between 60-85% of document expenses. Additionally, firms can utilize smart contract management tools to reduce drafting & processing errors, store contracts safely, and maintain a strong audit trail for key contract functions.
SignDesk offers simple and innovative solutions to help businesses ease and expedite their complex document-related workflows.
Learn how to integrate our CLM tool into your contract process flows to initiate automation in your contract lifecycles with a free on-demand demo.
Get a 30-day free trial now!
Contract Management – Everything You Need To Know
Contracts – The Cornerstones Of Commerce
In day-to-day life in any organization, contracts and agreements play a huge role in carrying out a deal. Organizations typically spend an inordinate amount of resources and manpower to ensure that contracts are carefully drafted, effectively negotiated, securely stored, and accurately performed. This degree of care is not unwarranted, as contracts are the cornerstones of business and the key to a successful deal.
Adherence to regulations is another crucial area where contracts play an important role since they specify the roles to be performed and services to be rendered by the parties entering the contract.
Due to these reasons, firms must ensure that their contracting procedures remain seamless and, to a certain extent, flawless and devoid of loopholes or blind spots. Additionally, the non-compliance fines and loss of reputation caused by inefficient contracting procedures create a further impetus for businesses to streamline their already complex contracting processes.
Contract management offers a cost-effective way for businesses across segments to improve their contracting using contract automation technology.
What Exactly Is Contract Management?
Contract management, simply put, involves overseeing contracts as they’re drafted, negotiated, signed, and performed. Business deals are formalized as contracts, and the effective supervision of the procedures followed by businesses as they agree on and execute the terms of said deals is crucial for any business. Additionally, well-managed contracts enhance the efficiency and profitability of a company and minimize the risks associated with partnering with other businesses.
Document management is time-consuming, necessitating an efficient and automated contract management system. Such systems gained prominence at the turn of the century with legal firms who began leveraging well-managed and planned digital infrastructure to streamline their contracts.
As automation permeates every aspect of the corporate sphere, businesses need to understand that contracting no longer involves merely filing paperwork. Contract automation platforms now allow businesses to track and essentially know everything about their contracts and even analyze contract performance to gain insights for enhanced business decision-making.
Organizations, from corporate enterprises to NGOs and educational institutions, are now using contract lifecycle management to improve their performance and better understand how to achieve their goals.
What, then, does contract management involve in the context of organizations?
The Steps Involved In Contract Management Services
The contract management process involves various steps corporations utilize, spanning every stage of the contract’s lifecycle. To execute a contract correctly, firms must implement these mandatory steps. The stages of contract management are as follows:
Commencing Request:
Identifying relevant data to support the contract’s purpose is the first step in the contract management process. Businesses need to have all the necessary information relating to the transaction to initiate its documentation effectively.
Good contract management sourcing demands a clear understanding of the contract’s goals, identifying requirements, and addressing contingencies. All these aspects are essential to creating a valid contract.
Composing the Contract:
Drawing up a contract involves detailing all the terms and conditions of the transaction. The step involves providing clear detail about everything related to the particular business transaction, such as
The pricing and payment details.
Contract termination specifications.
Non-liability clause.
Dispute resolution clauses.
Delay or fault consequences.
Provision for signatures from the parties involved.
In addition, the content of a business contract also includes mentioning the contract’s title and purpose, specifying the parties involved in the transaction, describing the contract’s subject or purpose, and the date and time of implementation of the deal.
Contract Negotiation:
Every party and stakeholder involved in the deal should be able to compare copies of the contract after writing it. The provision for negotiation facilitates this requirement and helps mark any inconsistencies to save discussion time.
Further, parties can settle through negotiation when there are differences in opinions. This step ensures the project flows smoothly without facing any obstructions when all the terms of its contract are satisfactory to the parties involved.
Contract Approvals & Signatures:
After a contract has been drafted, it must be approved by various people and parties to implement it. The organization will run the contract past each business stakeholder for evaluation during the contract approval stage. By signing the contract, parties show their approval of its contents, thereby initiating the deal’s execution.
Businesses need contract management resources with tailored approval process flow to expect it to be approved without delays. The contract must pass through business hierarchies to obtain approval from the required teams and stakeholders.
Implementation of the Contract:
The usage of signatures allows businesses to aid a contract’s official execution. It is amongst the simplest steps of contract management in which all the parties involved agree to the terms and conditions of the contract and facilitate its implementation.
Signatures regulate the implementation of a contract, and the presence of stakeholders and parties across the globe brings in the need for a remote contract signing facility that can help firms execute their contracts without spending too much time or money.
Maintaining Audits:
In this stage of post-execution of a contract, the parties ensure they achieve what they had committed to, keeping in mind the time, performance, and monetary aspects through periodic audit trails.
Apart from that, the audits help check the potential risks that can affect the contract. Regular audits can help expose threats, saving the business from incurring huge losses in the upcoming days.
Renewals and Termination:
Business contracts must be renewed after they expire when the project is not completed on time, or there is a requirement to run it longer. In such cases, the parties’ existing agreement must be renewed. The process can also need a few amendments to be made to the earlier version to facilitate newer requirements.
Sometimes firms may also require the need to terminate a collaboration with a client due to unforeseen circumstances. This will require them to terminate the contract formally by providing a legitimate reason.
Frequently Used Business Contracts That Require Effective Contract Management
Teams involved in business contract management come across various types of contracts that cater to different business requirements.
A cost-plus contract is one in which the contractor is paid for all of their expenditures and an additional payment to allow for profit. Going by the term, cost-plus denotes anything besides the cost of executing the contract. The final cost of these contracts is not known in advance and may change throughout the course of the project.
A fixed-price contract is a contract in which the payment amount is not determined by the contractor’s usage of resources or time. The entire cost is typically paid at the end of the task, but certain amounts are paid at intervals if the project is lengthy. Sellers carry the majority of the associated risk.
Contracts for time and materials are another category. This is a more flexible arrangement in which the client is billed for the time it takes to finish the service and the materials utilized. Time and materials contracts are often employed in construction project management but are also utilized in product development and other projects.
These contracts have to be closely monitored and executed with clarity to complete the project without inviting problems. Well-thought-out and structured contract management strategies enable businesses to take care of the process effectively to aid a seamless project flow right from its start.
Why Is Contract Management Important: The Benefits Associated With CLM?
A contract describes the actions undertaken by participating organizations and the circumstances under which they will each perform their portions of the agreement when two or more parties seek to conduct business with each other.
Reports suggest that ineffective contract management costs businesses 9.2 percent of their revenue. The report further states that by 2023, 40 percent of I&O teams in big companies will adopt AI-augmented automation, resulting in increased IT efficiency with more agility and scalability.
The various ways in which contract management can be beneficial to businesses are:
Efficient Spends & Time Saved
Contracts significantly impact corporate performance due to the emphasis on income and costs. However, contracts are costly to establish and manage. Contract management aids in cost control, payment and revenue oversight, productivity improvement, and mistake reduction. Furthermore, it gives the knowledge and tools to effectively utilize outbound contracts while adhering to their inward contractual commitments.
Limits Operational Risks:
Enforcing a contract and operating according to its terms limits the scope of risks in terms of operations. This enhances the overall controls and compliance with regulations and helps the business meet the expectations defined in the contract. Effective contract management services monitor the process from start to end, thereby assisting in identifying high-risk zones.
Accelerated Contract Creation:
Contract creation becomes quick and easy when a structured management process is attached. Effective contract management makes creating a contract with relevant clauses and terms faster.
Well-Organized Contract Storage:
With a structured storage solution, firms can ensure all their contracts are stored in an organized manner. Such a storage method can make retrievals quick, enabling ease in accessing the required document within no time.
Enhanced Contract Protection and Privacy:
Through continuous vigilance, businesses can keep all the information on contracts safe from intruders. Efficient document management practices can help protect documents and their data.
How CLM Technology Solves Contract Management Challenges
Manual contract management techniques can lead to chances of missing key contract milestones missed out, which eventually will lead to loss of revenue, reputation, and business. A business can find new growth opportunities and create policies within the stipulated time by automating the process of document management.
It is not enough for a company to have contract management specialists on staff. To meet growing compliance and requirements, employees must be reinforced by the presence of procedures and technology-enabled tools that can help them improve their contract management skills and techniques to enhance workplace productivity.
A few essential components of an effective contract management system include the following features and functionalities:
End-to-end contract management
Online negotiations via redlining
Pre-defined user roles
Intelligent approval matrix
Pre-configured templates & clause library
Clause locking and tokenization support
Automated clause suggestion
Digital signature integration
Virtual audit trail facility
Access-controlled contract repository
Timely reminders and renewal alerts
Creating digital workflow procedures is the way forward for companies, with many already taking the required steps toward automation and efficiency. Contract workflow automation allows organizations to automate most of the stages in a contract, increasing the procedure’s efficiency and freeing up time for in-house departments and team members to work on other tasks.
Contract Management Within Key Sectors: Which Industry Segments Require Automated Contract Management?
Contract management technology is an important aspect in almost all industries. As mentioned earlier, contract management helps in managing contracts until their completion. Companies across industrial sectors need a well-planned contract management solution to carry out the process efficiently. The industries that require contract management the most are –
Pharmaceuticals:
To ensure that operations run effectively, the pharmaceutical sector relies extensively on external vendors and suppliers, medication research and testing companies, hospital representatives, liaison officers with regulatory authorities, and various stakeholders.
Contracts govern the relationship between a pharmaceutical business and any of these stakeholders. As a result, contract management is critical for businesses in this industry.
Finance:
Contract management enables finance teams to work together effortlessly while creating or negotiating finance-related documents, increasing efficiency and speed. Through the use of smart contract management, financial services can observe several benefits across the company’s various divisions.
Furthermore, adopting automation in contract administration allows for faster searches, retrievals, and clear categorization of the institution’s many documents.
IT:
The IT industry is growing at a rapid pace, and the need for contract management is essential in this business segment. Contracts span many use cases, including custom software documents requiring extensive trackability and accuracy. Slow turnaround times and lack of visibility make operations in this sector complex.
The IT industry can better manage its large-volume and routine documentation process with an AI-based contract management tool. The tool enables faster completion of contract execution and ensures its status is visible across different teams throughout its lifecycle.
Insurance
The insurance sector incurs a multitude of contracts every day. It includes documents such as life insurance contracts, home insurance documents, automobile insurance contracts, contracts of indemnity, and health insurance contracts, among many others.
Smart contract lifecycle management can enable better collaboration between insurance providers and their clients, facilitating smooth process flow and faster contract closures. The platform also makes it easy for insurance firms to comply with industry policies and legal regulations.
Education:
The educational sector has to deal with multiple types of contracts, such as outsourced trainer agreements, contractual teacher employment, government aid contracts, institution affiliation contracts, etc. A typical contract management system could no longer meet the demands of today’s educational institutes. As the industry transitions, it must implement a cutting-edge digital contract administration system. Such a system would be a worthwhile investment in addressing existing contract management issues and serve as a strategic instrument for achieving the organization’s goals.
Furthermore, an intelligent contract management system provides superior security to guarantee that important data within the firm is never compromised. It would uncover the actual value of contracts by accelerating their lifespan. These benefits make it critical for an educational institution to implement an intelligent contract system as soon as possible since delays would exacerbate the disadvantages of a traditional system.
Construction:
Construction contract management is crucial for all parties involved in a building project. Individuals frequently ignore its significance, regarding it as just a commercial transaction and ignoring that this arrangement involves real people with true thoughts and emotions.
Businesses must also understand that properly managing a construction contract is crucial to their success as a contractor. The ability of the construction management team to use contracts to manage construction projects is one of the many valuable services it provides.
Retail:
Companies must understand client preferences while ensuring supply chain stability, adhering to quality standards, and managing warehouse and workforce resources. The necessity to involve various stakeholders at the same time while honoring all fundamental commitments complicates the process.
This demands the need for a technology-driven contract management approach that can streamline the various procedures entailed in the retail industry.
Manufacturing:
Suppliers are an essential part of the manufacturing business. Onboarding new suppliers becomes increasingly frequent as firms develop in size and scope, often daily. Given their importance, shorter contracting turnaround times and more effective supplier onboarding directly influence revenue and customer satisfaction.
Bringing on a supplier entails conducting extensive due diligence to analyze the risk associated. It also requires keeping the new supplier current on the organization’s legal, financial, and quality standards. Signing a contract with a new supplier requires a significant investment in risk acceptance and resource commitment. Contract management in procurement allows for easy collaboration while avoiding delays and cost overruns.
In addition to these industries, certain business teams need a streamlined process flow to manage their contracts more productively. HR teams, legal departments, finance teams, and sales teams require a reliable contract management process to carry out their activities easily. By employing legal contract management techniques, these departments can add efficiency to their document creation and execution processes.
SignDesk’s Contract Management Solution
Introducing technology such as automation has substantially enhanced the contract management process. Automation includes management software that generates feasible answers to challenges that have previously plagued the operation.
SignDesk’s end-to-end contract management tool allows you to draft contracts and negotiate provisions in real-time. SignDesk is among the leading contract management companies, and it offers simple yet practical feature integrations like eSignature, smart contract clause suggestions, pre-made template libraries, timely notifications, and automated renewals for executing contracts quickly and securely.
The suite of features provided by SignDesk helps businesses add efficiency to their contract management workflows. Managing bulk contracts and providing a streamlined processing procedure while cutting TAT by 90% is possible through SignDesk’s e-contract management platform.
Get in touch with SignDesk to learn how you can manage contracts the smart way with a free on-demand demo.
