Did you know…?

  • ELM Solutions is a business of Wolters Kluwer, a market-leading global information services company
  • We have 14 offices across North America, Europe, and Asia-Pacific
  • Each year, over $130 billion dollars’ worth of invoices are processed through our e-billing network
  • Our LegalVIEW® data warehouse is the world’s largest repository of legal performance data

Did you know?

  • 130+ of our clients are Fortune® /Fortune Global 500 companies
  • 100% of Am Law 200 and Am Law Global 100 firms are ELM Solutions customers
  • ELM Solutions has customers in 190+ countries
 

With the Passport® Connector Library, it’s easy to integrate Passport with best-in-class solutions from our Technology Partners

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ELM Solutions:

  • Has completed 700+ software implementations worldwide
  • Is a member of the Technology Services Industry Association (TSIA)
  • Is Safe Harbor certified
 

 

Whitepaper 
Making the Business Case for a CLM Solution

 

Realize the full value of your contracts with a CLM solution

Effective contract management is important for the commercial success of any business.

So says Gartner, referencing market growth rates of 18% to back this claim up. The bottom line is: manual processes don’t cut it anymore.

This whitepaper will help you make your case for an automated contract lifecycle management (CLM) solution, including steps like:

  • Document existing workflow processes (or lack thereof)
    Don’t be discouraged if this raises questions that are difficult to answer or uncovers missing steps. These weaknesses will support your case for CLM software.
  • Consider the “What’s in it for me?” factor
    Contracts affect several stakeholders across the organization. Make sure you address the benefits and pain points for different teams in their language.
  • Don't forget to communicate ROI
    The bigger price to pay is the cost of doing nothing at all. Read a potential use case that highlights projected savings, optimized profits and total ROI. 

Get the whitepaper

 
If you experience any problems, please email kalena.cavanagh@wolterskluwer.com for assistance.

Ineffective contract management costs businesses up to 9.2% of annual revenue.
— Tim Cummins | CEO, International Association for Contract and Commercial Management (IACCM)