Contract Insights - Contract Lifecycle Management

SaaS based platform for addressing end to end contract lifecycle needs

A PwC India Product

Contract Lifecycle Management is a sophisticated SaaS based platform to address end to end contract lifecycle needs. The tool will help deliver value in dealing with management of large contract volumes, non-standardized contracting process, revenue/ cost leakages and generate analytics for key insights.

 

Key Features

codeFlexible, configurable workflow
Allow business users to design and automate complex agreement processes to eliminate bottlenecks and automate manual handoffs
reportCentralized repository

Store, tag and organize contracts in one searchable place with granular permission controls. Increase oversight and find contracts faster

show_chartSeamless document generation

Create preconfigured templates that auto-populate contracts with data from other systems and approved language

groupsFosters collaboration

Send contracts for review, track changes across multiple versions, and maintain a single source of truth for who did what, and when

computerCLM 360

Use rich, discoverable metadata across all of your agreements and parties. Track renewals, report on obligations, view agreement hierarchies and more

attach_moneyRich integrations

Prebuilt connectors and rich APIs enable the tools you already use. Pull in data, e Signature, BI reporting and more

How We can Help

business_center

Do business faster

work

Automate manual tasks, orchestrate complex workflows, and eliminate bottlenecks to get work done faster and more accurately

thumb_up

Increase compliance

business

Standardize business processes and increase oversight, while reducing dependency on your legal team

account_circle

Improve customer experiences

trending_up

Exceed customer expectations with a transparent, convenient, accelerated contracting experience

Use Cases

monetization_onShorten the sales cycle and boost revenue
  • Full Salesforce integration enables instant generation of sell-side documents like proposals, MSAs, and other agreements
  • One-click contract creation and automated approval processes integrated with email, SMS messaging, and e-signature let salespeople keep closing deals while on the road
httpsNegotiate better deals
  • Ensure every contract complies with corporate standards and includes consistent and appropriate language with a digital repository, clause library, and configurable business rules engine
  • A secure, permissions-based vendor portal facilitates negotiations
trending_upTrack vendor performance
  • Track supplier performance against service level agreements and contract obligations
  • Get visibility into opportunities and risks with customized reports and automatic alerts for spend, expirations, compliance, and more
view_moduleExtensible Contract and Commercial Lifecycle Management (CCLM)
  • CCLM combines advanced contract management with prebuilt modules to manage adjacent areas like source-to-pay and order-to-cash
  • Platform provides support for entirely custom processes within individual companies and vendor/customer portals integrate workflows across the entire value chain
  • Regulatory compliance is ensured with fully auditable processes, coupled with the highest level of data security

Indicative Commercial Model

Rates will be tailored as per local territory.
Implementation fee unless specified would be additional.
Any customization to the standard offering will be charged on a case by case basis.
License Cost
20K - 25K USD*Annual License Cost

Users and Space allocated (Hosting on MS Azure server)

  • Up-to 50 users
  • Up-to 150 GB space allocated

 

 

 

License Cost
45K USD*Annual License Cost

Users and Space allocated (Hosting on MS Azure server)

  • 100 users
  • Up-to 300 GB space allocated

 

Implementation Cost
15K to 20K USD*One-time Implementation Cost

* Scope includes:
• Tool set up and installation
• 5 Contract types summing up to 10 templates
• Upto 15 fields per contract type
• Single Workflow
• Training and handholding support  (2 training sessions using train the trainer methodology)

 

 

Timeline-5 to 7 weeks

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