CLM or Contract Lifecycle Management refers to the entire process of creating, negotiating, managing and analyzing your contracts. The term applies whether or not your contracts process is automated. There is complete CLM software, like Exari, and there are standalone software systems that automate one or more steps.
The first step in choosing a document assembly system is to understand the various types of documents that you need to automate. Once you understand your documents, you can match the system to your needs. Essentially there are 3 categories of documents.
Usually we use this blog to bring you the latest information about document assembly and contract management. But today we would like to share with you a recent experience shared by our team. We feel that it's important for us as a company to build a corporate culture of innovation and to give back to our community.
A recent survey of more than 100 general counsel at American companies conducted by Corporate Counsel, in partnership with ALM Legal Intelligence, revealed that compliance and cost are the primary issues concerning general counsel in 2012.
If you're a regular reader of this blog, you probably know that we recently conducted our second Corporate Counsel Contracts Survey at the Association of Corporate Counsel Annual Meeting. The results have been tabulated and the report is now available. You can request your complimentary copy here.
We recently conducted our second Corporate Counsel Contracts Survey at the Association of Corporate Counsel Annual Meeting. The survey was a follow-up to one we conducted in 2009, and explores a variety of issues affecting the contracts process, the level of adoption of document assembly software and the most common methods of contract management.
Edens & Avant, one of the nation’s leading private owners and developers of neighborhood shopping places, has licensed Exari Document Automation Software to automate the various documents and contracts involved in the commercial leasing process.
We have expanded our resource library to provide additional tools and information on document assembly and contract management topics. The latest addition is a set of on-demand webinars. The library also contains whitepapers, case studies, demo videos, and several other free contract automation resources. It’s a place to learn best practices and keep up to date with the latest industry trends.
We are pleased to announce that Orica Mining Services, the world's leading supplier of commercial explosives, has selected Exari to automate sales contracts throughout North America.
Last week we were in Denver for the Association of Corporate Counsel Annual Meeting. The event was very well attended and we had great meetings with customers, prospects and people dropping by the booth. Judging by the number of people visiting our booth, there seemed to be a lot of interest in both document assembly and contract management.