CONTRACT LIFECYCLE MANAGEMENT

Don't let poor contract management cost you up to 10% of annual revenue & 40% of deal value. Let Expedite AI make the difference.

For your Legal Team

Supercharge your legal reviews with AI that swiftly analyzes contracts, highlights deviations, and suggests smart revisions. Let Expedite AI do the heavy lifting while your team focuses on strategic decisions and accelerates approvals with confidence.

For your Customers

Make it easy for your customers to approve contracts fast. With Expedite AI at their fingertips, reviews, comments, and approvals happen in record time, speeding up your deals.

The only solution that puts sales in the driver's seat while maintaining compliance for legal

Stop struggling with long manual reviews

Simplify legal work with AI

Transform your contract management process with Expedite AI. Our AI CLM software automates contract analysis, highlights deviations from standard clauses, and suggests revisions—all in real-time. Empower your legal team to focus on strategic decisions while reducing review times, minimizing risks, and ensuring compliance across all your contracts.

Eliminate frustrations when ordering parts

Accelerate approvals with AI

Reduce contract turnaround times by streamlining the customer review process. Our software equips your clients with intuitive, AI-assisted tools that make it easy for them to review, comment, and approve contracts quickly. By simplifying their experience, you expedite approvals, close deals faster, and enhance customer satisfaction.

Skip the redline

Go straight to the deal

When sales representatives can collaborate with customers online and use suggested alternative clauses to sidestep restrictions, the need for constant legal involvement is eliminated, leading to a faster contracting process.

Get over multiple approver disconnect

Speed up internal approvals

Create rules for automatic approval based on deal parameters or alternate clauses. A disconnected approval process is ineffective. Facilitate communication among your team to ensure clarity in their approval decisions.

No more delayed and insecure deal signing

Use embedded signature feature

Users can save time and money with an embedded digital signature feature in contract management. It also eliminates the need for manual signing and sending of contracts, which is both insecure and time-consuming. Digital signature also guarantees authenticity, allowing all parties to legally bind the document without any risks associated with traditional signing methods.

Reduce audit and compliance stress

Skip the manual reporting

Run reports to show which contracts had modified clauses, segregated between alternative clauses and fully negotiated red-line clauses. This will help reduce compliance stress by providing a clear picture of the changes made to each contract and where different alternatives may be beneficial.

Ready to increase the value of your deal through efficient contract management?

CUSTOMER STORY MANUFACTURING

“Simplistic and Very Intuitive”

We have been customers of Expedite Commerce for over 10 years now, I contribute our growth as a company to the support of the team at Expedite Commerce!

Angie Madden

Marketing Manager
FRAMe source direct

CUSTOMER STORYHOME REMODEL COMPANY

“Very satisfied with product”

User friendly. Works great with Salesforce.

Laura Nobile

Call Centre Manager
Monk’s Home Improvements

Appreciated by customers

Three simple steps to kickstart your
Contract Lifecycle Management journey with us

Schedule a demo

Plan your implementation

Go live in a few weeks

Avoid regrets. Choose confidently.

Our 90-day promise

If you decide the solution is not right for you within 90 days, you only pay for 90 days of subscription and any consumed services.

Our implementation service

Achieve rapid time-to-market with our tailored implementation approach, combining effective methodologies and powerful tools. Our experienced specialists help you go-live in just a few weeks.

Emerge as a Sales Hero

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Frequently Asked Questions

What is a contract lifecycle management(CLM)?

CLM is the end-to-end process of managing contracts. Our powerful software solution boosts efficiency, reduces risks, and ensures compliance. With automated contract creation, approvals, and workflows, centralized storage, advanced analytics, and seamless integration capabilities, our user-friendly CLM software streamlines processes and maximizes contract value. Trust us for effective contract management.

What is Compliance Management Software?

Compliance Management Software simplifies and automates regulatory compliance processes. Ensure adherence to industry standards and legal requirements with features like policy management, risk assessment, audit trails, and real-time reporting. Our software offers centralized document storage, customizable workflows, and seamless integration. Streamline compliance management with our comprehensive solution.

How to know if you need CLM Software?

If your business deals with multiple contracts, struggles with manual processes, lacks visibility into contract data, or faces compliance risks, CLM Software from Expedite Commerce can help. Our software streamlines contract lifecycle management, automates processes, centralizes contract data, and ensures compliance. With features like contract creation, tracking, analytics, and integration capabilities, our user-friendly solution empowers businesses to efficiently manage contracts, reduce risks, and optimize outcomes.

Why is contract management important?

Effective contract management is crucial for businesses to mitigate risks, ensure compliance, and maximize profitability. It simplifies contract lifecycle management, automating processes, enhancing visibility, and reducing manual errors. With features like contract creation, negotiation, tracking, and analytics, our solution improves efficiency, accelerates deal cycles, and minimizes revenue leakage. Seamlessly integrating with other systems, our user-friendly software enables businesses to optimize contract performance, improve collaboration, and drive growth.

What are the benefits of effective contract management?

Effective contract management offers numerous benefits. It enhances productivity, reduces risks, and ensures compliance. Automate contract processes, streamline negotiations, and centralize contract data for easy access. Track milestones, generate reports, and integrate seamlessly. Experience improved efficiency, cost savings, and accelerated revenue generation with our comprehensive contract management solution.

What are the key elements of contract management?

It offers automated contract creation, customizable workflows, and collaborative negotiation tools. The solution centralizes contract storage, tracks milestones, and provides real-time alerts for key dates. With seamless integration, robust analytics, and comprehensive reporting, businesses gain visibility, insights, and data-driven decision-making. The user-friendly interface ensures easy adoption and compliance with industry standards. Streamline your contract management process and unlock the full potential of your contracts with our comprehensive software solution.

Can I choose who can sign, edit, or approve the contracts?

It gives you full control over contract access and permissions. Assign roles and define user privileges to ensure only authorized individuals can sign, edit, or approve contracts. Our solution provides customizable workflows, enabling seamless collaboration and efficient contract management. With granular permission settings, you can tailor access rights to specific users or departments, enhancing security and compliance. Trust Expedite Commerce for flexible and secure contract management, tailored to meet your business needs.

Can I renew a document in Contract Lifecycle Management software?

Yes, with Expedite Commerce’s software, document renewal is a breeze. Our CLM solution automates the renewal process, ensuring timely actions and reducing manual effort. Set up alerts and notifications to stay informed about upcoming expirations, and effortlessly initiate the renewal process with just a few clicks. With streamlined document tracking, centralized storage, and customizable workflows, Expedite Commerce empowers you to efficiently manage document renewals, saving time, reducing risks, and maximizing contract value.

Who uses CLM?

Businesses of all sizes, legal teams, procurement departments, sales teams, and contract administrators can benefit from our software. With features like automated contract creation, tracking, and analytics, our solution simplifies contract management processes, reduces risks, and ensures compliance. Whether you’re a small business or a large enterprise, Expedite Commerce’s user-friendly CLM software empowers you to streamline workflows, improve collaboration, and unlock the full potential of your contracts.

Why do contract lifecycle management services save money?

Contract lifecycle management services, like the one offered by Expedite Commerce, save money by streamlining processes and reducing inefficiencies. Our software automates contract creation, approvals, and workflows, eliminating manual errors and accelerating deal cycles. With centralized contract storage, tracking, and analytics, businesses gain visibility into contract performance, enabling better negotiation and decision-making. By minimizing risks, ensuring compliance, and optimizing contract value, our CLM software drives cost savings, increases operational efficiency, and maximizes revenue potential. Experience the financial benefits of effective contract management solution.

What are the benefits of a CLM?

A CLM (Contract Lifecycle Management) solution has numerous benefits. It streamlines contract processes, automates workflows, and reduces manual errors. With centralized contract storage, easy access, and customizable dashboards, businesses gain visibility and control over their contracts. Our software enables efficient collaboration, accelerates deal cycles, and enhances compliance. With features like contract tracking, analytics, and integration capabilities, Expedite Commerce’s user-friendly CLM solution empowers businesses to reduce risks, optimize outcomes, and maximize contract value. Unlock the full potential of your contracts with our comprehensive CLM software.

What are the stages of the contract lifecycle?

The stages of the contract lifecycle are as follows:

Request: A business user initiates a request for a contract.
Drafting: The contract is created, outlining the terms and conditions.
Negotiation: Parties engage in discussions and make revisions to reach mutually agreeable terms.
Approval: The finalized contract undergoes review and approval from relevant stakeholders.
Execution: The contract is signed by all parties involved, putting it into effect.
Obligations: Both parties fulfill their respective obligations as stated in the contract.
Compliance: Ensure compliance with reporting, search, and government requirements.
Amendment/Renewal: Contracts may be modified or renewed, initiating a new cycle.

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