Contract Manager

Contract management software | CLM

With CLM Contract Manager software, automate and modernize contract management from A to Z, to support your business and reduce legal and financial risks.

Avanteam contract management software
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The benefits of our contract management software

Contract centralization

All your contracts and legal information in one place

Efficiency gains

Rapid contract closing with probative signature

Time optimization

5-fold reduction in validation and signature times

Real-time contract monitoring

Simplified tracking of expiry and renewal dates

Optimum visibility for your CLM

360° visibility of all your contractual commitments

Securing CLM processes

Enhanced control and risk reduction thanks to AI

Automate your CLM with the right software

Quick and easy creation of contracts

  • Rapid contract generation from your templates.
  • Collaborative contract drafting with customizable validation workflow;
  • Intelligent capture and indexing of existing contracts.

Enhanced collaboration between your teams

  • Rapid, simplified deployment of your contractual process to business units, entities, subsidiaries and countries;
  • Collaborative monitoring of contracts, with automatic alerts in the event of delays or due dates;
  • Dashboard for personalized CLM tracking by user profile and area of interest.

Acceleration of time taken by signatures

  • With online contract validation and signature;
  • Thanks to collaborative drafting, versioning and contract comparison tools ;
  • Real-time monitoring of contracts and automatic reminders to signatories in the event of delays.

Control of legal and financial risks

  • Thanks to dashboards, intelligent searches and deadline reminders, you can anticipate your obligations in good time;
  • Avanteam IA also helps you to automatically detect risky clauses, unfair penalties or exceptional amounts;
  • The electronic signature with probative value makes your transactions as secure as possible.
CLM software overview
Contract management dashboard

Get a 360° view of all your contracts

Optimize your CLM with customized dashboards to know who does what on contracts:

Sort and classify contracts by signatory, issuer, department, case, contract type, expiry date... ;

Know at all times which of your contracts are signed / overdue / expiring... know the amounts of your commitments by department, entity, third party... and be aware of your negotiating margins.

Keep track of your obligations and never miss a deadline with automatic reminders and intelligent search.

Avanteam contract management software training

Unite stakeholders around the same CLM tool

Before signing: involve all internal and external stakeholders in drafting and validating contracts.

After signature: make sure that the right people are informed of expiry dates. This will enable you to anticipate the termination or renewal of contracts, as well as the addition of appendices and riders with contract management software. 

If needed, you can also capitalize on the other functionalities of the Avanteam suite to set up the periodic evaluation of your suppliers.

Avanteam AI and contract management

Artificial Intelligence to optimize your CLM.

Avanteam AI, 🤖 is a new generation of artificial intelligence, which :

  • Automatically recognizes key contract information to save you time
  • Evolves with your needs, thanks to the integration of Natural Language Processing (NLP) and Machine Learning (ML) technologies.

Whatever the format of your contracts, Avanteam AI automatically recognizes and extracts contract types (commercial, HR, lease, NDA...), key attributes (signatories, purpose, date, duration, amount...) and critical clauses (penalty, liability, termination, exclusivity...).

It can also make suggestions that you can validate online, instead of having to enter the information. The tool constantly learns from each interaction and evolves to suit your needs. So, if you're looking to continuously improve your processes, our contract management software is an ally worth considering.

      Artificial intelligence with contract management software

      Avanteam Mobile

      Unleash the potential of your teams on the field, providing them with secure access to their processes, documents and tasks from any iOS, Android or Windows Phone device.

      They talk about it better than we do

      With Avanteam we have reached 100% of our objectives: to improve the working conditions of our employees by eliminating paper and administrative tasks, to guarantee a legal security of our processes and to be a modern and socially responsible company.

      Terence Inthavong
      Project Manager
      @Laboratoires Expanscience

      Having a single, centralized EDM and BPM platform, used by all employees, enables the IT department to build and deploy business applications that perfectly meet users' needs, thus reinforcing the corporate culture.

      Lionel Million
      ISD
      @Synerlab

      Why Avanteam?

      Find out why customers choose Avanteam

      Ergonomic

      We put end-users first, with the aim of making their lives easier.

      Customizable

      Our solutions adapt to your organization and grow with your strategy, not the other way around.

      Open

      Avanteam integrates easily with the main software packages on the market: CRM, ERP, HRIS, etc.

      Mobile

      Access Avanteam anywhere, anytime, from any iOS, Android or Windows terminal.

      Autonomy and freedom

      Avanteam is accessible to functional users, who can customize their application on their own, without any technical skills.

      Cross-functional approach

      Dematerialize all your business processes with a single platform, reducing licensing and training costs.

      Our commitment to your success

      Beyond software, Avanteam's success lies in the commitment of its teams to the success of customer projects.

      Innovation & Leadership

      Thanks to an innovative software suite and over 20 years of expertise, Avanteam has enjoyed double-digit growth for many years, and is now a market leader with over 500 customers in Europe.

       

      Our experts are at your service

      A question? a quote? a request for a demonstration? it's quick and easy...

      Download the brochure

      Learn more about all the features of the Contract Manager solution

      How to choose your contract management software?

      What is the difference between a contract management software and a simple digital signature tool?

      • Contract management software (or CLM software), such as Contract Manager, optimizes your contractual process at every level: drafting, verification, validation and final signature. To do this, it involves all stakeholders, both internal and external to the company. In this, it differs from a simple electronic signature tool, which only intervenes at the final stage to secure the transaction and give it legal and probative value;
      • The two tools complement each other. In many cases, contract lifecycle management software offers connectors to the main digital signature platforms, such as Docusign, LuxTrust, Oodrive, Yousign, Universign... This contributes to a single, seamless user experience throughout the process.

      How to compare CLM software?

      • We advise you to draw up a functional and technical checklist, filling in the key functionalities you need. Then look for a few contract management software packages that match your list, so you don't miss out on anything. This will simplify your work considerably, and make it more efficient. Three to four contract management software packages are usually enough to make a relevant comparison;
      • In addition to your checklist, check the vendor's customer references, particularly in your sector of activity. You should also make sure that they are able to advise and support you in implementing your solution, and in taking over your existing contracts;
      • The existence of an active "User Club" is also an important criterion when choosing your CLM software. This enables you to check that the software publisher devotes sufficient time and energy to developing its solution, so that it is constantly in step with the state of the art and with the latest regulatory or legal requirements.

      What are the most important benefits of a contract management solution?

      • Whatever the nature of your contracts, managing them involves the repetitive and tedious stages of drafting, negotiating, validating and signing. And without an appropriate CLM tool, these steps can quickly become a real nightmare for the various parties involved;
      • Contract management software will help your company shorten its sales cycle, reduce costs and improve compliance, thanks to seamless traceability and visibility. You'll save a considerable amount of time and money, which will benefit your company's development.

      Does this CLM software allow me to take over my existing contracts?

      • Yes, Avanteam will help you take over your contracts, whatever their volume and nature. To do this, we combine the skills of our expert teams with intelligent capture technologies based on artificial intelligence;
      • Taking over contracts is often a critical step for companies. It's not just a question of digitizing documents and loading them into a new Contract Management solution, but above all of entering the metadata (contract title, nature of contract, department concerned, internal signatory, third-party signatory, signature date, expiry date, etc.) that will enable them to be easily classified and retrieved. Without this, it will be impossible to track expiring contracts reliably, or to associate them with a particular department or country.

      How to calculate the ROI of contract management software?

      • Even if it's difficult to propose a universal model, as processes differ so much from one company to another, there is nevertheless a relatively simple method for calculating the return on investment (ROI) of contract management software :

        - How many employees are in charge of contract management? What is their average hourly wage, including charges?
        - How many hours a day on average do they spend on manual contract management?
        - Number of employees * average hourly wage * number of hours spent on quality = daily quality cost;
        - Multiply this daily cost by the number of working days in your company, to obtain the annual cost dedicated to contract management.

        Contract management software can usually cut this cost by a factor of 3, by automating all time-consuming manual tasks. Now all you have to do is calculate your return on investment, by deducting from the annual cost of the contract management software the 2/3 of management time saved thanks to this software. Don't hesitate to contact our customer service department for access to a small ROI calculator, to be customized according to the context of your organization.

        This calculation only takes into account quantifiable gains, to which you can add the "qualitative" benefits of dematerialized contract management:

        - More time for higher value-added tasks;
        - Better compliance with your internal rules and procedures;
        - Increased control and reduced legal risks;
        - Team autonomy and overall process fluidity.

      With Avanteam, can I dematerialize processes other than contract management?

      • Yes: in addition to its CLM software, Avanteam offers a powerful document digitization(EDM) and business process management (BPM) platform, Process Studio;
      • With this tool, you can create other collaborative applications in record time and without coding: purchasing, supplier invoices, expense reports, recruitment, staff entry/exit, etc. This will save your teams from having to juggle spreadsheets, e-mails and other tools to manage and coordinate their activities;
      • Process Studio is accessible to business decision-makers and technical experts alike. This guarantees your company that your application will adapt easily to organizational changes, without additional development costs or the involvement of internal or external IT teams.