CLM’s technology addresses the contractual risk associated with legal documents and brings real control to companies' law departments.
Legal documents are part of everyday business life. So is the contractual risk associated with them. Contracts serve to formalise, record and move towards multiple objectives, so working with them is a very delicate task and neglecting them or paying little attention to them becomes a very dangerous trend for organisations. Contractual risk exists at every stage of contracts, but organisations can anticipate and mitigate it through Contract Lifecycle Management (CLM) technology.