Best Contract Lifecycle Management (CLM) Software for SAP CRM

EraCLM empowers organizations by providing a cutting-edge, end to end contract lifecycle management solution. It delivers analytics to accelerate business decision making and time-to agreement, increase revenue, optimize savings, and drive efficiency. Mitratech's EraCLM tool transforms inefficient and complex contract lifecycles into profit-optimizing assets. EraCLM will provide a platform for guided collaboration for contract activity. It provides business-critical analytics for negotiation, automates document assembly and improves workflow automation all in one modern interface. EraCLM allows business and legal professionals to operate more efficiently and effectively. You can gain enterprise-level, real time insight to maximize opportunities while minimizing risks.

The contract intelligence company pushes the boundaries of what’s possible with contract lifecycle management.

Key Benefits: - Quicker Revenue: 40% reduction in contract authoring time. Quicker revenue realization (18% of sales cycle spent on contracting). - Reduced Costs: Reduction in revenue leakage – 9% of the bottom line. Optimized spend & 10-12% reduction in expenses. - Improved Compliance: Reduced risk – 2% of annual costs. Real-time contractual insights for improved compliance. - End-to-end CLM platform: One platform for legal, sales & procurement teams. - Quick deployment: Simplify contracts across the enterprise in just 3 months. Features: • Distinct functionalities for both buying and selling sides of contracts, providing a unique and tailored approach. • Advanced Reporting • Contract authoring and template & clause library management. • AI-powered (NLP) contract analysis, metadata extraction, and search. • Contract repository and document management. • Contract collaboration and approval workflows. • Contract milestone and obligation tracking. • Contract renewal and expiration management. • Centralized Desk and Controlled Access to data. • Integration with other enterprise systems.