CLM for Procurement:
4 Must-Haves to Improve Collaboration with Legal

Webinar Date: January 25, 2022

Register Here

When organizations grow, supplier and resource agreement volume follows close behind, putting Procurement in a contracting bind with limited visibility into contract status. It’s no secret that the modern-day Procurement team needs a central, searchable contract repository, but as organizations grow, they also need a modern and accessible Contract Lifecycle Management (CLM) solution to bring consistency to buy-side contracting and improve collaboration with Legal.  

Join Nick Heinzman from Spend Matters and Colin Levy, Director of Legal at Malbek on January 25th at 1:00 PM ET to explore the four must-have CLM features for strengthening Procurement contracting. 

Key features & questions explored: 

  • Contract Templates: Where do Procurement teams see the most volume on the contracting spectrum? How can templates be used to outline these transactions at a high level with room for customization as needed?  
  • Legal Workflows: How can a modern CLM empower Procurement teams to create standardized approval workflows for each agreement type?  
  • Clause Library: How can Procurement teams bring contract playbooks to life by using pre-approved fallback language from Legal? 
  • ERP Integrations such as Coupa: How can Procurement teams unite spend and contract management data with productized integrations?