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The Forrester Wave™: Supplier Value Management Platforms, Q3 2024 See Report
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
A Unified Platform for All Spend
PLATFORM
Analytics
Workflow
Integration
AI
Collaboration
Design Mode
Additional Modules
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
Related Resources
Customer Story
Consolidating Multiple Systems and Business Processes by Leveraging Advanced Technologies