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Media-savvy content creator, with a curiosity for all Salesforce experiences.
Businesses in our era no longer handle contract lifecycle management (CLM) processes manually. The strategy is to use CLM systems and software to help manage contracts throughout their entire lifecycle.
There are many stages in the CLM system, like contract creation, negotiation, execution, monitoring, and analysis, to name a few. This process can be complex and intricate, and so CLM companies have opted to use software to optimize and automate contract-related tasks.
We approve and would like to help you understand CLM software a bit better. So, join us below as we cover CLM solutions, the top tools on the market, their limitations, and a few frequently asked questions on the best contract lifecycle management software.
Lets go!
As Salesforce is the world’s most famous customer relationship management (CRM) platform, we are not surprised you are using it. However, you probably need CLM integrations to streamline your custom contract-related processes. And yes, if you get the right Salesforce CLM solution, you can eliminate any paperwork or manual data entry for employee tasks.
Here are a few more solutions you can gain from adding CLM software to your Salesforce ecosystem:
So, what are the tools on offer to help with CLM processes in Salesforce? We’ve got you covered. Keep reading.
If you noticed, there are numerous CLM tools on the AppExchange marketplace that integrate with Salesforce to automate contract-related tasks and processes. These tools may be designed to work with Salesforce, but they are all not made with the same standards, objectives, and quality. For this reason, we have provided the top three CLM tools that you can integrate with Salesforce to let employees create and manage contracts confidently.
First up, we have DocuSign. It’s popular for its e-signing and CLM capabilities that integrate well with Salesforce.
Organizations that sign up for DocuSign can create, send, and sign contracts from within Salesforce if they integrate the two platforms correctly.
A DocuSign and Salesforce integration helps organizations reduce data entry tasks to achieve paperless CLM processes.
Next up on the list is Conga Contracts, which provides a CLM tool for managing contracts in Salesforce. Organizations can use Conga Contracts to complete the following manual contract-related tasks:
We saved the best Salesforce-integrated tool for last. Titan CLM can assist organizations in any industry that needs to create contracts and agreements.
With Titan’s contract lifecycle management tool, organizations can manage, review, and track contract changes directly in Salesforce for a complete view of the agreement’s lifecycle. Stakeholders also get full visibility over content inserted or deleted into contracts in real-time, thanks to our deep Salesforce integration.
Even though DocuSign, Conga Contracts, and Titan CLM are top Salesforce solutions that can help you streamline contract-related processes, they are not perfect. Let’s take a look at the limitations of each of the CLM products.
At the end of the day, the application that you decide to work with will depend on the unique requirements, budget, and skills of teams. However, we hope that we have provided some clarity on what you can achieve with each of these solutions so that you can prepare on all fronts for your CLM processes.
The best CLM software is dedicated to helping companies streamline contract lifecycle management and automate processes.
A contract lifecycle consists of many stages that include contract creation, execution, monitoring, termination, and renewal.
As a manager of a contract lifecycle, you would need to engage in processes that ensure a contract is handled correctly at each lifecycle stage to minimize business risks.
It speeds up tasks with automation tools for a contract’s lifecycle.
That title has to go to Titan CLM.
While Salesforce CLM solutions can help your organization close lucrative deals, software like this typically comes at a steep cost. Titan CLM is more competitively priced than leading alternatives, and our integration with Salesforce is twice as powerful.
Are you done with repetitive manual data entry tasks and scheduling meetings to sign contracts? With Titan CLM, you can digitize and automate all your contract lifecycle processes in Salesforce, ensuring you slash through at least 40 hours of manual work a month. And does closing deals 78% faster sound like a win? Sounds like one to us.
For more information, contact us on one of our social media channels below.
We hope to see you soon!
Disclaimer: The comparisons listed in this article are based on information provided by the companies online and online reviews from users. If you found a mistake, please contact us.
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