Author name: Pramata

There’s a lot to learn when it comes to contract management systems, especially if you’re a beginner. When you’re working with contracts, you likely don’t have a lot of time or mental energy to devote to learning a new technology. We understand how complex the world of contract management systems can be. Here, we’re going to break down the basics and provide you with a solid foundation of best contract management practices.

If you work in legal ops, you’ve got your hands full. Likely, more than full. You’re charged with everything from managing budgets and controlling costs to finding and implementing a legal tech stack. You live in a world of processes, workflows, and efficiency improvements. So why don’t traditional CLMs deliver on their promises to make your life easier?

When Catholic Health faced a significant price jump with the contract management system it had been using since 2006, the search for a new solution began. End users at the company were ready for a modern contract management solution, but worried about the complicated process and down time required to migrate the contracts from their legacy CLM system. 

For lean legal teams and solo general counsel, navigating the contract management system procurement process can be daunting.

Simplifying and getting control of manual contract management can be overwhelming. Legal teams big and small are spread thin between reviewing and drafting contracts, helping sales teams with renewals, new contract requests, and all the ad-hoc questions thrown at you daily.