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Contracts play a major role in the M&A process, starting with the buying company’s due diligence all the way through identifying overlapping customers and vendors, standardizing master agreements across the old and new companies and much more.

In-house legal teams need Sales’ buy-in to get the right CLM. Learn how you can work together to achieve your contract management goals in a way that benefits Sales and beyond.

With more than 17+ years of experience taking organizations from contract chaos to contract nirvana, we’ve encountered three common misconceptions about clean contract data.

Clean contract data: It’s the vital first step to achieving anything else you want to get out of a CLM, but three common myths keep people from getting there.

In this three-part series, we bust the most common myths about clean data and explain how Pramata takes the time, expense, and headaches out of getting it. 

Effective contract management is crucial for legal teams to ensure smooth and efficient operations. By tracking key performance indicators (KPIs), legal teams can gain valuable insights into the health of their contracting process. 

If you’ve invested time, energy, money, and maybe even some blood, sweat and tears into setting up the contract lifecycle management (CLM) system you’ve got today, the thought of switching can be scary.

With increased budget scrutiny and CLM initiatives tied to top company goals, the stakes for getting it wrong have increased dramatically. Legal buyers must reframe the “why” behind their purchase, look beyond legal efficiency and adjust their evaluations accordingly.

Generative AI is everywhere these days. And, while some of what you see and hear is hype, the truth is generative AI is here to stay and there are a lot of very real use cases, especially for legal professionals like in-house counsel.