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As an attorney who’s worked in CLM software for the last three years, I have a unique perspective on what goes into contract management from both the user and the technical sides. One thing I’ve seen over and over is software promising to make contract management easy for legal teams and other users, both when it comes to getting started and in terms of ongoing upkeep and use. I’ve also seen a pattern of most CLMs falling short of this pledge.

Contract management is already complex for multinational corporations. Manual processes, a lack of centralized systems and no way to report on performance can make it even more of a challenge. Learn how one Legal Ops Professional jumped over these contract management hurdles using Pramata.

Request, generate, negotiate, sign, review, analyze, and so on… In an ideal world, contract workflows should move like a well-oiled machine from pre-signature to final execution, renewals, and beyond. And, if they don’t, the consequences can range from employee burnout to revenue loss. In this quick story (anonymized to protect the innocent victims of contract chaos) one VP of Legal Operations got his company’s contracts under control with the help of Pramata.

The world is still reeling from the recent CrowdStrike outage, which brought entire industries around the world, from airlines to healthcare, to a grinding halt on July 19, 2024. Unlike previous headline-making cyber-events, this wasn’t an attack. It was merely a glitch in what should have been a routine software update the vendor automatically rolled out to customers worldwide. 

Forget everything you think you know about contract lifecycle management (CLM) software. Pramata is the radically simple, radically different and radically powerful alternative to other CLMs.

It might sound counterintuitive, but one of the biggest driving factors for technological innovation is to make the world a better place for humans. After all, if we give technology the most time-consuming, the most difficult, the most boring and the most tedious parts of any task, we’re giving the humans involved more time and capacity back to do the parts of the job only they can do. 

Learn how the right CLM, like Pramata, can not only simplify contract management today, but dramatically reduce the time, money and effort it takes to manage your contracts’ compliance in the future.

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.