SAP CLM (SAP Contract Lifecycle Management)
SAP Contract Lifecycle Management (SAP CLM) is an application that supports the entire contract management process of an organization. The application supports all contract types and can integrate with back-end systems in support of contract compliance. By enabling proactive management of all aspects of the contract life cycle, SAP CLM will help you to accelerate time to contract through automated contract creation and collaboration; Lower legal, financial, and regulatory risk through standardized language and reporting; Protect your company's bottom line; Realize full savings and revenue through contract visibility and awareness; and ensure more control and better compliance throughout the contract life cycle via system integration, alerting, and reporting.