Contract lifecycle management is part of Weagree’s solution. It’s taken 12½ years experience with Weagree’s best-in-class contract automation, to establish that essentially everything was already in place. We developed the new generation of CMS or CLM:
Immediate insight in your obligations
Weagree’s contract management (CMS or CLM) software prevents unintended contract extension and provides full and quick insight in your organisation’s obligations.
Email alerts well-before your deadlines
Weagree’s new contract lifecycle management (“CMS” or “CLM”) alerts you in time about contracts expiring, and reminds you if you don’t take action upon the first or second email alert. Email notifications are scheduled by the administrator, and can be tweaked by the contract’s user.
Are you always able to find all signed contracts, and all relevant related files? As a lawyer, you want to easily access all contract-related files:
The signed contract
Annexes related to the contract
Your compliance assessment form
A supplier-signed Code of Conduct
Important draft-contract versions
Advanced contract data management
Do you have insight into all your organisation’s rights and obligations? In a basic CMS, you’re likely to see your deadlines in just a few clicks. Weagree’s CLM goes beyond this: you will also have immediate insight into dozens of other data.
Making a signed contract ‘manageable’ and updating it for your negotiation results takes only a few clicks. It is exceptionally user-friendly. Think of it: essentially, Weagree simply reuses the data you entered when creating the contract. Imagine: ‘uploading’ a signed contract and making it insightful/accessible takes only a few minutes!
Where the contract creation side uses a clause library, Weagree’s CLM also has such library of CLM building blocks. Making contract management exceptionally flexible, data searchable and allowing you to manage more complex agreements. It takes just two or three clicks to monitor the affairs of your entire organisation.
Implementation in a few minutes
Implementing an automated contract for managing it through Weagree’s CMS takes just a few mouse clicks… Wow, implementing contract management in a few minutes, doesn’t it sound exciting?!