The Old World understands contracts as a completed entity. Processes prior to the conclusion of the contract or ongoing processes are usually not taken into account. This means that knowledge about the contract negotiation is often lost or can only be gained with great effort from emails and other documents.
Contract lifecycle management (CLM) software seeks to automate and make contract processes more efficient across multiple stages. These stages include: Contract drafting, contract negotiation and approval, contract signing, and ongoing contract management and renewals.
Before you delve deeply into the evaluations of the e-signature providers, we would like to point out that the software solutions listed here, as well as Adobe Sign, DocuSign and PandaDoc, are quite fantastic solutions for capturing electronic signatures and creating simple offers and documents. However, if you want to go beyond digital signatures, you should take a look at top.legal.