Self-assessment time machine of CLM

A small exercise

All important things evolve. Contract Lifecycle Management should be no exception. Nonetheless it happens to be one of the most undervalued matters by management in companies of all sizes.

If the question is: “do you realize that contracts are actually the backbone of your business?” we imagine that your answer is -“yes, of course!”; then why don’t you treat them with the necessary importance and relevance!?

IT-Legal solutions such as Nova CLM not only help you managing long-term and short-term activities in your Contract Lifecycle Management (CLM) but it also helps you leverage that huge value that is inside every detail of your contracts. This is done in a simple, secure and customized way in the Cloud.

What is your Contracts Geological Period?

Just for fun, but not only, please check in which “Geological Period” of CLM your company is now and contact me for a quote. Jump with our “time machine” into the latest and simplest way of doing it right.

perioddescriptionextinction causes
Precambrian
Archean
Contracts are written in cuneiform or any other writing alphabet over media made out of animal skin, vegetal fiber or textiles called “paper”.Too difficult to replicate, media is subject to ageing, and attacks from worms, proto-mammals such as mice, fire, a brown liquid called “coffee”. Media simple gets lost or appears in the wrong hands at wrong moments.
Procedures are time consuming.
Jurassic
Mesozoic
Contracts are written with some software for text management and digitally stored using files in computers for later being printed on paper. This period is also known for the contract as the “Mavericks” era.Contracts disappear in physical objects named “floppy disks” or “hard disks” or just magically disappear together with fired employees.
Content is not controlled, data is not shared, there is no security.
Today
Quaternary, this means RIGHT NOW (Holocene)
Contracts are safely guarded in secure servers, accessible 24/7. They can be generated, replicated, exchanged within a click of a mouse. Managers receive automatic messages and warnings, no due date or schedule activity passes without notice. Risk management and The Value of contracts is always in evidence.Build to last:
no possible extinction.