Contract Lifecycle Management Training
Introduction to Contract Lifecycle Management
Get an overview of Contract Lifecycle Management (CLM), its importance, and its role in managing contracts from initiation to execution and renewal. Learn about the benefits of effective CLM.
Contract Creation and Drafting
Study the process of creating and drafting contracts. Learn about contract templates, standard clauses, and best practices for drafting clear and enforceable contracts.
Contract Negotiation
Explore the negotiation process in contract management. Learn how to negotiate terms, handle revisions, and achieve mutually beneficial agreements while mitigating risks.
Contract Approval and Execution
Understand the approval and execution stages of contract management. Study workflows for contract approval, electronic signatures, and ensuring that contracts are properly executed and archived.
Contract Performance Management
Learn how to manage and monitor contract performance. Study methods for tracking compliance, measuring performance against agreed terms, and addressing any issues or breaches.
Contract Renewal and Amendments
Discover strategies for contract renewal and amendments. Learn how to handle contract extensions, modifications, and ensure that renewal processes are streamlined and efficient.
Risk Management and Compliance
Explore risk management and compliance in contract management. Learn how to identify potential risks, implement mitigation strategies, and ensure compliance with legal and regulatory requirements.
Contract Management Systems
Study various contract management systems and tools. Learn how to select and implement a CLM system that meets organizational needs, and integrate it with other business processes.
Data Analytics and Reporting
Learn about data analytics and reporting in CLM. Study how to use data to generate insights, create reports on contract performance, and make data-driven decisions to improve contract management practices.
Case Studies and Practical Exercises
Engage in case studies and practical exercises to apply Contract Lifecycle Management concepts. Practice drafting, negotiating, and managing contracts, and resolving real-world contract issues.
Future Trends in Contract Lifecycle Management
Discuss future trends and innovations in Contract Lifecycle Management. Learn about emerging technologies, practices, and solutions that are shaping the future of CLM.
Contract Lifecycle Management syllabus
Pricing Management
- Price Matrix Terminology
- Creating Price Dimension
- Create Condition-Based Price Matrix
- How to Create a Price Ruleset
- Creating a Price Rule
- Pricing Callback Class
- Tiered Pricing
- Related Pricing
- Q/A Session
Agreement Administration
- Record Types
- Fields
- Action Section
Process Maintenance
- Document Output Format, Protection, Template
- Selection
- Standard Flow vs Non-Standard Flow
Agreement Creation
- Wizard
Contract Negotiation Process
- Where Do Templates Fit
Template Administration
- Within Salesforce
- Within MS Word
Creating a Template
- Formatting and Locale
- 3 Types of Merge Fields
- Smart Attributes
Using the Playbook
- Clauses/Sections
- Conditional Logic
Basic Redlining
- Track Changes
- Check-In/Check-Out
Smart Fields
- Reconciliation
Clauses
- Smart Clauses
- Modify/Insert/Delete Clauses
- Marking and Promoting
Doc Assembly Rules
- Comply System Properties
- Capturing Merge Events
- Updating Header/Footer Data
- Submit Merge Call Action
- Automating Final Document Settings
Admin Tab
- Cycle Time Reporting
- Automating Content Search
- Retention Policies
Training
Basic Level Training
Duration : 1 Month
Advanced Level Training
Duration : 1 Month
Project Level Training
Duration : 1 Month
Total Training Period
Duration : 3 Months
Course Mode :
Available Online / Offline
Course Fees :
Please contact the office for details