Realizing ROI from Contract Management Technologies

Recent innovations in the world of CLM have paved the way for new and exciting opportunities. The companies deploying CLM solutions not only enjoy a simpler and highly efficient contract management process, but are also able to generate great savings.

While there is no doubt about the many benefits implementing a CLM solution brings, quantifying its returns is the tricky part.

A CLM’s ROI can be determined based on parameters such as:

  1. Reduction in legal employee costs
  2. Prevention of financial losses
  3. Reduction in sales operation costs
  4. Management of renewable contracts
  5. Penalty avoidance and/or recapture
  6. Identification of consolidation opportunities

Ultria recently hosted a webinar in association with IACCM (International Association for Contract and Commercial Management) on this subject. The webinar presents a detailed and stepwise breakdown on how to determine quantifiable returns from CLM for an organization.

Webinar Recording and Presentation: Access Now

Click the link above to watch the video now and learn more!

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Author Stuti Mehrotra

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