Storing and finding contracts should be simple. For global enterprises with multiple divisions and departments, tens of thousands of contracts and hundreds of stakeholders involved in the contract process, it’s anything but. Contract visibility is a critical part of controlling your business—including reducing risk—so it’s no wonder that “visibility” is often cited as a top reason enterprise legal teams launch contract management software initiatives.
Homegrown contract management systems do not keep up with a company’s growth, let alone drive growth. Selectica Contract Lifecycle Management (CLM) offers a virtual warehouse for each and every contract across your organization with multi-filtering that makes it easy to locate, analyze and report on any contract, any clause or any sub-parties.
Selectica’s CLM repository is a searchable cloud warehouse that stores your entire organization’s contracts, allows you to find them easily, and ensures that up-to-the-minute data is available 24-7.3 key benefits
Our enterprise-grade contract repository provides advanced features like multi-filtering search capability and notification alerts. Your business gets access and insight into all of your organization’s contracts, thereby minimizing risk, taking days off the audit process and moving slow manual processes to automated, best-in-class efficiency.
Third-party vendors, geographically dispersed departments and thousands of contracts in a variety of systems can lead to contract chaos. Selectica’s CLM contract repository software not only organizes your contracts, but also ensures everyone involved in contract creation, approval, maintenance, and renewal—including legal, sales, finance, and administrative teams—has real-time access to current contract data.