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CLM (Contract Lifecycle Management)

Software to draft, review, approve, sign and renew contracts in one place.

Definition

CLM, or Contract Lifecycle Management, software manages contracts end to end - drafting from templates, redlining and review, approvals, e-signing, storage, and renewal reminders - so agreements do not get lost in email.

It suits teams with steady contract volume. For occasional signing, a standalone e-signature tool is usually enough.