
Conga CLMConga
Automate contract processes for increased visibility and a better customer experience
Vendor
Conga
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Product details
Reduce risk and contract cycle times with Conga CLM
Empower legal, sales, and procurement teams to streamline operations and manage complex enterprise-wide contracts with contract lifecycle management software integrated with AI
Better contracts and business outcomes—every time with Conga CLM software
Automate and standardize
- **Self-service contract creation: **Empower sales and procurement teams to select pre-approved standard contracts and templates, allowing self-service without relying on legal teams for low-risk contracts. Populate company details directly from your CRM or procure-to-pay system.
- **Reduce cycle time while increasing compliance: **Standardize, customize, and automate workflows to speed review, approval, and signature, reducing contract-to-close time by 75% while ensuring consistency with Conga contract lifecycle management.
- **Create alerts for milestones and approvals: **Receive notifications for key contract dates and processes to stay on top of critical deadlines.
Refine, approve, and execute
- **Speed up review and negotiations with AI: **Use a pre-approved library of fallback clauses to speed negotiation. Compare third-party contracts to your negotiation playbook, jump to high-risk clauses, accept suggested redlines, and automatically ensure critical terms are covered.
- **Collaborate with real-time editing and commenting: **Author, negotiate, and review in MS Word or Google Docs. Share contracts internally and externally. Redline simultaneously with version control to track edits, comments, and audit history.
- **Streamline approval and reduce bottlenecks: **Workflows route the contract to the appropriate people for review and approval, ensuring necessary parties sign off before contract execution.
- **Sign contracts securely: **Our electronic signature solution, Conga Sign, comes along with Conga CLM for quick and secure contract execution—or integrate DocuSign or Adobe Sign.
Centralized contract repository
- **Store, locate, and search all contracts: **Consolidate all your contracts, including third-party, legacy, and M&A contracts, in a centralized, searchable repository. Use smart search to quickly find the right document.
- **Organize related agreements with contract hierarchies: **Contract hierarchies help organize and track related agreements, and versioning enables you to navigate to the right document faster.
Manage obligations and optimize business results
- **Manage and track obligations: **Identify and track obligations to maintain healthy business relationships with customers and suppliers.
- **Drive revenue and cut cost: **Prevent missed customer renewals and stop missing supplier termination deadlines. Identify upsell and cross-sell opportunities and execute timely price increases.
Insight, analysis, and reporting
- **Analyze: **Conga CLM provides data and insights to help you manage teams, customers, suppliers, and contracts.
- **Review how contracts are processed and identify the legal implications of their contents: **Custom, out-of-the-box reporting and analytics allow users to track obligations, compliance, cycle time, workflow progress, and contract volume and type—and alerts help you stay up-to-speed.
Integrate and automate
- **Allow users to work with their preferred tools: **Manage the entire contract lifecycle without leaving the tools you use every day, like Microsoft Office and Salesforce.
- **Increase productivity with integration: **Integrate with any CRM, including Salesforce, any ERP, or procure-to-pay system to support the buy- and sell-side for seamless contract management and improved efficiency.