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MeRLIN Vertragsmanagement - Optimierung Ihres Vertragslebenszyklus
| MeRLIN CLM

Master Your Contracts with MeRLIN's Simplified Approach to Procurement and CLM

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MeRLINs vereinfachtes Management des Vertragslebenszyklus

Ein digitaler Vertrag steigert den Wert, spart Zeit und Kosten

Digitize contracts to save time, cut costs, and boost traceability. Stay in control of milestones and ensure full compliance.

Standardisierung und Überwachung des Prozesses für Vertäge

Simplify contracts with templates and version management. Streamline creation, approvals, and tracking.

Effektive Vertragserfüllung

Mitigate risks with standardized terms, document tracking, and a clear, traceable approval process.

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Automate Your Procurement Processes Effortlessly with Our Contract Lifecycle Management

MeRLIN Contract Management is your comprehensive solution for optimizing and automating the contract management process. Manage every stage of the contract lifecycle from drafting and approvals to tracking and compliance all in one place. Enable cross-team collaboration, reduce contract risks, and build stronger supplier partnerships through a more transparent and controlled contract negotiation process.

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Vertragserstellung und Vertragsinformationen

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  • Generate contracts post-sourcing activities, seamlessly converting them into purchase orders (PO) if required.
  • Create ad-hoc contracts based on immediate needs and demands.
  • Effortlessly include vital sourcing data and documents to produce an effectual contract.
  • Customize milestones and involve all relevant stakeholders in transparency and trust.
  • Configure intelligent alerts and notifications to specific roles for proactive actions at critical junctures, including vital contract renewal alerts.
  • Engage designated approvers to authenticate and finalize each contract.
  • Manage your contracts and monitor associated spend to apply required actions wherever essential.
  • View, extend, and authorize all active contracts.
  • Monitor spend with intuitive burndown charts for each contract.
  • Utilize advanced filters for easy contract retrieval within our secure contract archiving and repository.
  • Navigate through Active, Scheduled, and Expired contracts effortlessly.
  • Save time with our comprehensive contract repository, enhancing contract performance tracking.

Vertragsmanagement

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Vertragserstellung

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  • Author your contracts with the best automated authoring process, using our comprehensive clause library and contract templates.
  • Collaboratively author contracts with automated processes, enabling faster, error-free contract workflow.
  • Seamlessly include all necessary contract meta data elements into your Authoring Template.
  • Access and assign Contract Authoring requests with ease.
  • View, review, and submit your Contract Authoring for approvals, supported by version control.
  • Effortlessly obtain supplier consent and finalize contract terms, facilitating eSignatures for efficient contract execution.

Blogs

Häufig gestellte Fragen

What’s the difference between Contract Management and Contract Lifecycle Management (CLM)?

While often used interchangeably, Contract Management and Contract Lifecycle Management (CLM) are slightly different. Contract Management usually refers to overseeing contracts after they’ve been signed like tracking compliance, obligations, and renewals. On the other hand, CLM covers the full contract journey from initial request and drafting to negotiation, approval, execution, and renewal or termination. CLM provides a more structured, automated, and proactive approach to managing contracts at every stage.

How does Contract Lifecycle Management (CLM) enhance contract compliance?

CLM improves contract compliance by standardizing contract creation processes, using pre-approved templates, and automating approval workflows. It ensures that all contracts adhere with company policies, legal requirements and industry-specific regulations (e.g., GDPR, HIPAA, SOX, etc.). With built-in alerts, version control and audit trails, CLM tools reduce the risk of missed deadlines, unauthorized changes, or regulatory breaches.  Role-based access controls and data protection features also safeguard sensitive supplier contract data and maintain document integrity across the lifecycle.

Why is Contract Lifecycle Management important for businesses?

CLM is essential for businesses because it boosts contract efficiency, cuts operational risks, and ensures legal compliance. By automating workflows and setting reminders for key deadlines, it prevents missed renewals or costly errors. Companies also gain better visibility into contract performance and terms. Overall, CLM saves time, increases productivity, and enhances ROI across departments.

What is Contract Lifecycle Management (CLM)?

Contract Lifecycle Management (CLM) refers to the end-to-end process of creating, managing, and overseeing contracts digitally. From drafting and negotiating to execution and renewal, CLM software ensures every stage is streamlined and tracked. It helps reduce manual work, improve accuracy, and offer better control over business agreements.

Factsheet

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MeRLIN Strategic Sourcing Solution Factsheet