Contract Lifecycle Management

Automate Your Contract Management with AI-Powered Solutions

Transform how your legal team operates with advanced digital contract management software. Streamline workflows, enhance collaboration, and optimize efficiency with our innovative solution.

Experience How Simple Managing Your Contracts Can Be

Automate the entire contract process from request to drafting. Speed up creation, eliminate redundancies, and save time, costs, and effort. Centralized contract repository ensures no missed deadlines or under/over-performing obligations. Enjoy full visibility with a powerful dashboard and reports. Now, empower your contracts with an end-to-end AI-powered CLM. Introducing SensAI, a suite of AI solutions for in-house legal teams.

AI-Powered Optimization

Our Integrated Multi-AI Platform, SensAI, offers a complete package of AI tools for contract drafting, clause improvement, and more. This advanced technology transforms contract handling, giving your team a competitive edge and freeing them for strategic initiatives.

Efficient Contract Automation

Automate the entire contract lifecycle, from contract request to drafting, reducing manual steps and speeding up the creation process. This not only saves time but also reduces costs and effort.

Centralized Contract Repository

Centralized storage ensures that all contracts are easily accessible, eliminating the risk of missed deadlines and over/under-performing obligations. Gain a clear view of all vital aspects of your contracts, enhancing overall efficiency.

Beyond the Basics

Our platform offers a comprehensive suite of features to enhance your legal operations.

Create

Experience the efficiency of automated contract generation with our user-friendly template wizard. Simplify authoring and reduce delays, enhancing productivity and precision without the legal workload.

Collaborate

Automate

Transform manual documentation into streamlined workflows that expedite approvals and ensure faster contract finalization. Manage critical items and obligations efficiently to minimize errors and enhance productivity.

Mitigate

Track contractual risks diligently with comprehensive assessment tools. Highlight deviations, rate clauses, and take corrective actions to safeguard your business

Utilize AI-powered search capabilities to quickly find relevant contracts, tasks, emails, comments, and more, ensuring efficient information retrieval and management.

Analyze

Leverage SensAI for contract review and analysis, gaining insights to support informed decisions and enhance contract management efficiency.

Introducing RazorSign KYC Connect - From Verified Identity to Signed Contract

Seamless Digital KYC and Third-Party Onboarding, built directly into RazorSign CLM

KYC Connect extends the power of RazorSign CLM beyond contract management — transforming how enterprises verify, onboard, and engage third parties.
In regulated and high-trust industries, due diligence is more than a compliance checkbox — it’s the first step in risk control, fraud prevention, and operational readiness.

Kyc embedding digital KYC within CLM, RazorSign bridges the gap between verification and execution, enabling you to:

Onboard new vendors, partners, and customers faster.
Ensure every counterparty is verified and authenticated before contracting.
Eliminate manual KYC silos and repetitive checks.
Create a single auditable trail from identity verification to contract signature.

Impact: Reduced onboarding times, stronger compliance assurance, and lower risk exposure - all without leaving your CLM workspace.

How It Works

Verify

End-to-end digital verification flow covering PAN → Aadhaar → GST → Bank. Dynamic forms adapt to entity type (Individual / Business), and APIs auto-fetch data to minimize manual entry.

Integrate

Licensed connections with official verification systems:

1) PAN: NSDL / Income Tax Department

2) GSTIN: GSTN Portal

3) Bank: NPCI / Penny Drop Verification

3) Aadhaar: UIDAI eKYC or OTP-based eSign
Each verified record automatically syncs into RazorSign CLM, triggering contract initiation.

Upload

Upload and auto-extract data from JPEG, PNG, or PDF files. OCR identifies Name, DOB, and Address. Files are validated, encrypted, and attached to the contract record.

Execute

Cross-verify IDs and data fields in real time (e.g., PAN vs Bank Name, GSTIN structure, IFSC format). Ensure accuracy and prevent discrepancies before a contract is issued.

The Advantage of a Modern Approach

Contract Lifecycle Management (CLM) software optimizes business operations by automating contract processes from creation to renewal. It centralizes contract storage, enhancing visibility and control over obligations and deadlines while reducing compliance risks and manual errors. CLM software accelerates workflows, saves time and costs, promotes collaboration, and provides valuable analytics for informed decision-making. Implementing CLM software empowers businesses to streamline operations, mitigate risks, and maximize efficiency across the organization.

FAQs

What is Contract Lifecycle Management software used for?

Contract Lifecycle Management (CLM) software is used to efficiently create, collaborate, approve, store, and manage contracts. It ensures compliance, reduces risks, and helps organizations track key dates, renewals, and costs. CLM software integrates with other systems, offers security, and generates valuable insights for better contract management.

What is Contract Automation Software?

Contract automation software is a type of technology that automates the creation, management, and processing of contracts. It uses predefined templates, standardized clauses, and rules to streamline the contract lifecycle. This software helps organizations generate contracts faster, reduce errors, and enhance efficiency by automating repetitive tasks like data entry and approval workflows. It can also facilitate contract collaboration, storage, tracking, and compliance, ultimately improving the overall contract management process.

How can you measure ROI from CLM?

You can measure ROI from Contract Lifecycle Management (CLM) by comparing the cost savings, efficiency improvements, and risk reduction achieved through CLM software against the initial investment in the software and ongoing operational costs.

What is Contract Management Workflow?

A contract management workflow outlines the steps in creating, reviewing, approving, and overseeing contracts within an organization. It commences with drafting, proceeds to internal reviews and negotiations, culminates in formal approval, and execution. Post-execution, the contract is stored and monitored for compliance and key milestones, like renewal dates. This process guarantees efficient and consistent contract handling, reducing risks and upholding legal and regulatory compliance.

What is Contract Lifecycle Management process?

The contract lifecycle management (CLM) process involves managing a contract from its initial creation through to its execution, performance monitoring, and eventual renewal or termination. It typically includes stages such as drafting and negotiation, approval, signing, implementation, compliance tracking, and reporting. Effective CLM helps organizations streamline workflows, ensure compliance, mitigate risks, and enhance the efficiency and visibility of contract-related activities. This process is crucial for maintaining organized, efficient, and legally sound contract management practices across various industries.