Lifecycle Management (CLM) is the complete combination of software and tools
that begins from the initiation of a contract to the full lifecycle term of the
contract, managing every aspect that is there to contracts, protecting business
and enhancing value through contracts to get manifold rewards.
A Contract Life Cycle Management in our current pandemic losses and bouncing back from these times even proves more effectual to handle your business and keep track of the complete workflow you envisioned by sailing through and getting you ashore safely.
classic CLM process with AEREN LPO’s CLM services and solutions.
initiation of CLM begins with the request for a proposal. Once the RFP process commences,
to assess our CLM solutions for your contracts we will initiate two processes:
all the contracts together in your in-house environment.
all the contracts under the same roof. Once you get them together you will know
what you have to deal with. Finding all the contracts itself is half the battle
won. Now with new challenges around the globe for business, corporate houses
making the best by identifying all the contracts and evaluating them for risks
or new changes is the need of the hour.
do it by creating a highly secured and; sharable environment, and putting in
placea vast repository to capture all your contracts and bring them to the same
the relevant data in the contracts to begin actionable procedures.
all the contracts are gathered, the next course of action is finding all the
critical and important data that is on the contracts and track them over the
At AEREN LPO we have special templates,
both standard andcustomized, that will retrieve all the important data inputs
and make them easier to track at any point in time and anywhere.
you have all the inhouse contracts we know your standard or specialized clauses
for your business or organization.
a new contract needs to be authored a library for clauses and templates will be
created that will be promptly added when additional contracts are required to
make sure that no details are left in creating the standard clauses and
templates and the additional customized ones that will be added to our
libraries from which you will have easily authored contracts
have separate packages for business users, the subcategories of various
business verticals, and for legal firms to collaborate with our authored
experience in authoring many numbers of contracts, contract creation just got
easier with us by using features like a quick drag and drop features with the
already maintained library of clauses and templates.
creation has never been easier despite being complex in some domains. Time and
complexity are greatly reduced with our in-house attorneys.
creation from scratch is also easier and quicker with the right set of our
contract creation toolset.
contract is as good as it gets only after the negotiation. Negotiation is a
special task thatrequires its own set of contract management tools to identify
stark differences to minute changes that come under scrutiny concerninga prior
contract and to include mechanisms in bringing new ways to make negotiation
simpler, easier, and hassle-free to track through the changes or additional
equip you with easy to use tools in redlining, gap analysis, and compliances
that add value to negotiation.
is mandatory to have a risk-free contract. Risks need to be assessed and
verified. In some cases, it will be with external sources of data that need
additional strategies to bring the right contracts to you.
our attorneys, we ensure a complete check of the contracts mitigating any
higher chances of risks and also in circumstances that prove challenging to
your business and a dearth of unwanted risks creeping in and protect you.
is the sealing pact and with the recent global trend of work from home and
other new ways, signing with the online digital signature saves time and
business. Collaborating with digital signatures and then validate and verify
it goes back to repositories contracts undergo encryption and security to
ensure they are not modified or tampered with.
and security will be of the utmost importance with our infrastructure with zero
the contracts are digitally signed and executed, the continual process of
performing to the contract’s obligations will be guided for you in every
process in the workflow of the contracts you carry out.
Compliances are a definite must to be adhered to considering the changing government and company policies amidst COVID-19. With this global pandemic and post-COVID-19 changes, current compliance guidelines need to be integrated into the contracts.
CLM, looking out for obligation fulfilments and compliance adherence will be
easier and thoroughly mitigate you from every risk which otherwise you might be
caught off-guard in your business.
bringing contracts together and data tracked with templates, renewals will be
no more a lost cause. Your business and organization will be on a day-to-day basis
with updated information with the contracts. Along with timely and proper maintenance,
contracts big or small will be adding value to your organization and save you a
lot of money from contracts.
Contract Management is your friend for your contracts. With time, CLM makes automation of the whole
contract management process easier, faster, and cost-effective. CLM eventually
gives you big rewards sans liability in any way.
out to us now to get your business under the CLM umbrella and ace your contract
challenges like a pro. For legal firms, we are your valued outsourcing
strategic partners giving the top niche contract management services.