2024
Contract Management
Lock in Value and Reduce Risk Across the Contract Lifecycle
Improve Compliance, Reduce Risk, Deliver Value
Effective Contract Lifecycle Management (CLM) across thousands of suppliers is time-consuming and complex. Pushing contracts through lengthy reviews, negotiations, and approvals can significantly delay Time-to-Value with inadequate standardization–further increasing risk.
Manage all your Contract Processes in One Place
With Ivalua’s CLM solution, turn contracts into a source of value and insight. Accelerate Time-to-Value, inform other procurement processes with relevant contract data and stay on top of important milestones throughout the contract lifecycle.
What Can Contract Management Do For You?
Digitize & Centralize Contracts for Visibility
- AI-Powered contract digitization and key term extraction
- Powerful contract search and discovery across key data
- Automated alerts and notifications for key milestones
Accelerate Cycle Times & Time-to-Value
- Standardize contracts with pre-approved templates and clauses
- In-document collaboration, commenting and powerful workflow
- User-friendly built-in editor and MS Word integration
Insightful Contract Analytics & Lifecycle Management
- Pre and post signature analytics with alerts and notifications
- Review contract performance and risk
- Ensure obligations compliance and assign necessary actions
A Unified Platform for All Spend
PLATFORM
Analytics
Workflow
Integration
AI
Collaboration
Design Mode
Additional Modules
Contract Repository
Better Contracts, Better Decisions
- Searchable contract repositories
- AI-powered key term extraction
- Complete contract visibility
- Actionable contract analytics
Contract Authoring
Improved, Lower-risk Contracts
- Pre-approved template and clause library
- AI-Powered 3rd party paper processing
- Collaborative authoring for rapid review and negotiation
- Workflow-driven process optimization
- Built-in eSignatures
Contract Data Capture
AI-Powered Digitization and Data Extraction
- Reduce contract cycle time and accelerate review of 3rd party paper
- Improve contract visibility and insights
- Enhance contract discovery and analytics
- Search and compare clauses
Related Resources
Customer Story
Consolidating Multiple Systems and Business Processes by Leveraging Advanced Technologies