Introducing Contract Lifecycle Management — v1.0.9
Introducing Contract Lifecycle Management — v1.0.9
With the release of v1.0.9, the platform now includes a fully integrated Contract Lifecycle Management (CLM) module. This brings contract operations — historically managed across disconnected tools — into the same unified workspace as your HR and financial workflows.
Why Contract Lifecycle Management?
Contracts sit at the intersection of legal, finance, procurement, and HR. Fragmented tooling across these teams leads to missed renewals, slow approvals, inconsistent risk review, and poor visibility. The CLM module centralizes the entire contract process, from first draft to final renewal, in one place.
What's Included
Contract Creation
Author contracts from templates or from scratch using a structured workflow that captures all key terms, parties, and obligations upfront.
Negotiation Tracking
Every revision, redline, and version is recorded. Teams have a complete, timestamped history of how a contract evolved — with no ambiguity about who changed what.
Approval Workflows
Define multi-stage approval chains tailored to your organization. Route contracts based on type, value, department, or custom criteria to ensure the right people sign off before execution.
Renewal Automation
Never miss a renewal window. Set renewal rules per contract with configurable lead times, and let the platform handle reminders and escalations automatically.
Centralized Contract Repository
All contracts — regardless of type or status — live in a single, searchable repository. Filter by status, owner, expiry date, contract type, and more to find exactly what you need.
Intelligent Risk Assessment
The platform's AI engine reviews contract content to surface potentially risky clauses and non-standard terms. Each contract receives a risk score, allowing legal and procurement teams to prioritize their review queue.
Deadline Management
A visual timeline surfaces upcoming milestones, expiry dates, and obligations across all contracts. Automated notifications keep contract owners informed well ahead of critical deadlines.
Getting Started
- Navigate to the Contracts section in the main navigation.
- Select New Contract to begin authoring or import an existing document.
- Assign an owner, set contract type, and configure the approval workflow.
- Once executed, the contract is stored in the repository with automated deadline tracking active.
Available in v1.0.9
Contract Lifecycle Management is available to all tenants starting in v1.0.9. Approval workflow configuration and risk assessment settings can be managed by tenant administrators.