Questys Solutions Blog 9 Stages of the Contract Lifecycle

Key steps in the contract lifecycle management processThe contract lifecycle management (CLM) process goes beyond simply creating and managing contracts - it can be transformative to how organizations manage risk, enabling them to shorten cycles and reduce costs. Contract lifecycle management software uses a combination of information technologies, including intelligent capture, enterprise content management, business process management workflow, and electronic e-signature to address the development, approval, and execution of contracts.