Did you know contracts dominate 70- 80% of your business? 46 cents out of every $1 spent on legal services goes on external costs! The contract management process is vital for businesses to survive and grow. Companies can save up to 2% of their total annual cost by using advanced contract management software, but more importantly helps manage operational and financial risk. Hence, it creates a need to improve the contract management process. For example, automating contract management helps: Decrease negotiation cycles by 50% Trim incorrect payments by 75 to 90% Reduce operating & processing costs of contract management by 10-30% Reduce Operational and financial risk

2. Did you know contracts dominate 70- 80% of your business?
46 cents out of every $1 spent on legal services goes on external costs!
The contract management process is vital for businesses to survive and grow.
Companies can save up to 2% of their total annual cost by using advanced
contract management software, but more importantly helps manage
operational and financial risk. Hence, it creates a need to improve the
contract management process.
Contact Details: Email: info@commercecx.com Mobile Number: 9194391002

3. Automating contract management helps:
• Decrease negotiation cycles by 50%
• Trim incorrect payments by 75 to 90%
• Reduce operating & processing costs of contract management by 10-30%
• Reduce Operational and financial risk
Contact Details: Email: info@commercecx.com Mobile Number: 9194391002

4. Ways to improve your contract management process:
• Standardize Allowable Contract Clauses Setup
• Set Contract Management KPIs
• Harmonize Storage Security and Visibility Needs
• Automate Contract Communications
• Review Finances
• Conduct Routine Compliance Reviews
Read here to understand why contract management software is important to
compliance.
Contact Details: Email: info@commercecx.com Mobile Number: 9194391002

5. Improve your Contract Management Process with
our expertise
Our CLM process calibration includes:
• Contract Creation and Negotiation
• Document Generation
• E-Signatures
• Renewal Management
Talk to a CLM expert today.
Contact Details: Email: info@commercecx.com Mobile Number: 9194391002

6. Thank you
Contact Details
Email: info@commercecx.com Mobile Number: 9194391002