This is the most important stage of CLM after the contract has been executed. In this stage the contracts that are uploaded into a common repository are further streamlined through contract management. This involves contract summarization, tracking contractual obligations, creating files, alerts, and renewals and generating assessment reports.
In addition to this, it also notifies the clients about the present status, contractual obligations and the risk analysis relating to its each and every contract.
Our in-house contract specialists are experts when it comes to contract compliance. We keep a time bound track on each and every contractual obligations and terms, so that our clients remain updated as per their requirements. In case of a renewal clause in the contract, our team as per the client’s requirement gets the contract renewed in a time bound manner.