Several organizations that have successfully implemented contract life cycle management (CLM) will discuss how these systems support both purchasing/procurement and legal activities. Topics to be explored include understanding key CLM system capabilities and benefits, best practices, top vendors in the market, and pitfalls to avoid when selecting a CLM vendor.
- Understand what contract life cycle management (CLM) is and benefits of implementing a CLM system
- Identify who should be involved in selecting a CLM, playbooks and their role in CLM, and top vendors in the market
- Develop a list of pitfalls to avoid in selecting a vendor and implementing CLM