![]() ![]() Creating contracts quickly and easily using pre-approved templates and legal clauses.Migration to the Ariba platform will cost money and could be a headache if there is. Strengthening operational, contractual, and regulatory compliance IBM would be closing Emptoris products and directing customers to SAP Ariba.Standardizing and controlling contract development.Automating and accelerating contract lifecycle management from start to finish.Managing procurement and sales contracts, IP licenses, and internal agreements.Most contract management software is designed to provide greater visibility into corporate spend, create greater efficiencies in the contract process, and lower administrative costs. These stages include initiation, authoring, process and workflow, negotiation and approval, execution, ongoing management and compliance (within the repository), and contract renewal.Ä«uyers and suppliers save time and reduce errors by creating a common language, core templates, unified terms, and repeatable, consistent conditions. Contract lifecycle management (CLM) automates and streamlines contract processes during key stages.
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