Contract Management

Lock in Value and Reduce Risk Across the Contract Lifecycle

Improve Compliance, Reduce Risk, Deliver Value

Effective Contract Lifecycle Management (CLM) across thousands of suppliers is time-consuming and complex. Pushing contracts through lengthy reviews, negotiations, and approvals can significantly delay Time-to-Value with inadequate standardization–further increasing risk. Manage all your Contract Processes in One Place With Ivalua’s CLM solution, turn contracts into a source of value and insight. Accelerate Time-to-Value, inform other procurement processes with relevant contract data and stay on top of important milestones throughout the contract lifecycle.

What Can Contract Management Do For You?

Digitize & Centralize Contracts for Visibility

• AI-Powered contract digitization and key term extraction 
• Powerful contract search and discovery across key data
• Automated alerts and notifications for key milestones

Accelerate Cycle Times & Time-to-Value 

• Standardize contracts with pre-approved templates and clauses
• In-document collaboration, commenting and powerful workflow
• User-friendly built-in editor and MS Word integration

Insightful Contract Analytics & Lifecycle Management

• Pre and post signature analytics with alerts and notifications
• Review contract performance and risk 
• Ensure obligations compliance and assign necessary actions

Contract Repository

Better Contracts, Better Decisions

• Searchable contract repositories
• AI-powered key term extraction
• Complete contract visibility
• Actionable contract analytics

Contract Authoring

Improved, Lower-risk Contracts

• Pre-approved template and clause library
• AI-Powered 3rd party paper processing
• Collaborative authoring for rapid review and negotiation
• Workflow-driven process optimization
• Built-in eSignatures

Contract Data Capture

AI-Powered Digitization and Data Extraction

• Reduce contract cycle time and accelerate review of 3rd party paper
• Improve contract visibility and insights
• Enhance contract discovery and analytics
• Search and compare clauses