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Making the Case

The Value of Contract Lifecycle Management.

Simply put – Contract Logix delivers exceptional value to our customers through innovative contract software and services.

Realize near-immediate return on your investment.

Maximize the value of every single contract.

Never miss another deadline, expiration, or renewal date.

Selected by hundreds of customers in more than 50 different industries.

Get the most out of your contracts by leveraging our 18+ years of experience in the CLM marketplace.

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CLM Value By the Numbers

Supporting Data, By the Numbers.

The IACCM estimates the cost of inefficient contract management to be more than 9% of total annual revenue.

Source: The International Association for Contract & Commercial Management

Goldman Sachs estimated that companies spend almost 5% of their revenue to track agreements after signing a contract.

Source: Goldman Sachs

Pricewaterhouse Coopers has found that 12% of a company’s total annual costs may be devoted to contract management and administrative tasks.

Source: Pricewaterhouse Cooper

Goldman Sachs reports that companies using contract management software can reduce annual contract management expenses by 20 to 50 percent.

Source: Goldman Sachs

Best-in-Class companies have more than 75% of their contracts in a searchable repository, compared to All Others who have about one third.

Source: Aberdeen Group, “Best-in-Class Performance in Contract Management”

Best-in-Class companies average 85% of purchasing transactions compliant with contracts vs. 30% for all others.

Source: Aberdeen Group: “Contract Management: Key Attributes and Best-in –Class Results”

Best-in-Class companies have 19% fewer days in their average cycle time to create, negotiate, and approve contracts compared to All Others.

Source: Aberdeen Group, “Leveraging E-Signature in Your Contracts: Best-in-Class Advantage”

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