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 Software brings, quantifying its returns is the tricky part.

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

  • Reduction in legal employee costs
  • Prevention of financial losses
  • Reduction in sales operation costs
  • Management of renewable contracts
  • Penalty avoidance and/or recapture
  • Identification of consolidation opportunities

Zycus 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!

Author Stuti Mehrotra

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