How to improve the contract management process
- 2. Did you know contracts dominate 70- 80% of your business? 46 cents out of every $1 spent on legal services goes on external costs! The contract management process is vital for businesses to survive and grow. Companies can save up to 2% of their total annual cost by using advanced contract management software, but more importantly helps manage operational and financial risk. Hence, it creates a need to improve the contract management process. Contact Details: Email: info@commercecx.com Mobile Number: 9194391002
- 3. Automating contract management helps: • Decrease negotiation cycles by 50% • Trim incorrect payments by 75 to 90% • Reduce operating & processing costs of contract management by 10-30% • Reduce Operational and financial risk Contact Details: Email: info@commercecx.com Mobile Number: 9194391002
- 4. Ways to improve your contract management process: • Standardize Allowable Contract Clauses Setup • Set Contract Management KPIs • Harmonize Storage Security and Visibility Needs • Automate Contract Communications • Review Finances • Conduct Routine Compliance Reviews Read here to understand why contract management software is important to compliance. Contact Details: Email: info@commercecx.com Mobile Number: 9194391002
- 5. Improve your Contract Management Process with our expertise Our CLM process calibration includes: • Contract Creation and Negotiation • Document Generation • E-Signatures • Renewal Management Talk to a CLM expert today. Contact Details: Email: info@commercecx.com Mobile Number: 9194391002
- 6. Thank you Contact Details Email: info@commercecx.com Mobile Number: 9194391002