Contract Lifecycle Management Jobs

Contract Lifecycle Management (CLM) is the proactive, methodical management of a contract from initiation through award, compliance and renewal. Implementing CLM can lead to significant improvements in cost savings and efficiency. Understanding and automating CLM can also limit organizational liability and increase compliance with legal requirements. The key steps in the Contract Lifecycle Management (CLM) process: 1) Capture: Step #1 for most people is to get all of their existing paper contracts in a central visible place. If you have no clear idea what contracts you have, then you have no i ... dea what your potential risk exposure is. The next step is to capture the data from the contracts. 2) Track: Once you know where all your contracts are, the next step is to track any important data so you don’t miss any milestone. This affects both old contracts and newly signed contracts. More
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