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What is Docusign CLM+?

  • 29 May 2024
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How does Docusign CLM+ optimize the contract management processes?

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Best answer by Community Expert 29 May 2024, 20:11

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Docusign CLM+ is an advanced Contract Lifecycle Management solution that combines the core capabilities of Docusign's standard CLM with powerful AI and analytics features. By integrating artificial intelligence and advanced analytics, Docusign CLM+ enables organizations to automate, manage, and analyze their contract lifecycle more efficiently, with greater transparency, and less risk.

Some key features and benefits of Docusign CLM+ include:

  • AI-driven contract analysis: Leverage pre-trained AI models to automatically extract, analyze, and classify key contract data, such as clauses, terms, and obligations, reducing manual effort and human error.
  • Advanced analytics: Monitor contract performance, identify trends, and uncover hidden insights with comprehensive analytics and reporting capabilities, enabling data-driven decision-making.
  • Automated workflows: Streamline contract processes by automating manual tasks, such as document generation, approval routing, and signature collection, increasing efficiency and reducing time to completion.
  • Seamless integration: Integrate with other enterprise systems, such as CRM, ERP, and document management solutions, for a unified and efficient workflow.
  • Enhanced collaboration: Facilitate communication and collaboration among internal stakeholders, customers, and partners, fostering a more efficient and transparent contract management process.

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