All information about LEDOX³⁶⁵ CLM, contract management and legal tech.

Contract Lifecycle Management (CLM) refers to the systematic management of a contract throughout its entire lifecycle – from creation, negotiation, and approval, to execution, monitoring, renewal, or termination.

The goals of CLM are to:

• Optimize contract processes
• Minimize risks
• Ensure compliance with regulatory requirements
• Maintain transparency
• Support data-driven business decisions

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An effective CLM provides numerous benefits for businesses:

• Increased Efficiency: Automated workflows reduce manual tasks, accelerate contract processes, and enable your teams to focus on value-adding activities.
• Risk Mitigation: Standardized processes and centralized storage minimize errors and prevent risks such as missed deadlines or unmet contract obligations.
• Enhanced Compliance: CLM systems ensure that all contracts comply with current legal requirements and internal policies.
• Cost Savings: More efficient processes and fewer errors help reduce costs and optimize resource utilization.
• Transparency and Control: Centralized management provides a clear overview of all contracts, their status, and key deadlines, which supports better decision-making.

Implementing a CLM system like LEDOX³⁶⁵ helps your organization realize these advantages and future-proofs your contract processes.

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LEDOX³⁶⁵ is a comprehensive CLM solution that fully integrates with your Microsoft 365 environment. It enables both corporate legal teams and business users to leverage digital end-to-end processes throughout the entire contract lifecycle.

With LEDOX³⁶⁵, you can:

• Efficiently create and manage contracts: Use self-service features and templates to create contracts without requiring direct involvement from the legal department.
• Collaborate seamlessly: LEDOX³⁶⁵ enhances Microsoft 365 communication tools with simple workflows, enabling secure and effective collaboration.
• Monitor deadlines and obligations: Keep track of all relevant dates and contract terms to minimize risks and ensure compliance.
• Increase transparency and control: Centralized storage and management of all contracts provide a clear overview, supporting informed decision-making.

Implementing LEDOX³⁶⁵ allows your organization to fully leverage the benefits of effective CLM and future-proof your contract processes.

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Improve and accelerate not only contract creation, but also approval and signature workflows with LEDOX365, while maintaining full compliance and quality standards and reducing costs at the same time. Gain an overview of your active and archived contracts and their content and let LEDOX365 manage deadlines, reminders and retention policies. LEDOX365 is fully integrated into your Microsoft 365 platform, highly available, scalable and internationally available and helps you to create transparency in your company with simultaneous authorization control.

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LEDOX365 provides both in-house counsel and business users with end-to-end digital processes for the entire contract lifecycle.
In-house counsel evolve into efficient business lawyers focused on managing complex legal issues, driving and building standardization of contract templates to enable business users to create contracts without legal department involvement.
Business users are supported by fully automated contract drafting capabilities for standard contracts, while more complex contract requests are managed through integrated workflows that require and support the involvement of in-house lawyers.

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LEDOX365 reduces costs, time, facilitates access, improves user adoption and increases visibility across the organization while minimizing risk and significantly improving compliance. LEDOX365 also covers the entire lifecycle of contracts, from contract initiation and creation, negotiation and dealing with external parties, to approval and signing workflows for electronic and paper-based signatures, due date management, reporting and data retention.

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LEDOX365 will be fully embedded into your existing Microsoft 365 tenant, specifically SharePoint and Azure, while adhering to your security and compliance standards and extending your existing platform. Your LEDOX365 implementation specialist team will work closely with your IT and legal team to optimize implementation and configuration.
LEDOX365 has flexible configuration options to adapt to the different requirements of your organization.

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Your LEDOX365 implementation specialist team will work closely with you to not only make the implementation project a success, but also provide quick configuration for administrators, quick adoption for users, training for your (power) users and IT team, and application support from the very first moment. Most importantly, we will assist you in integrating the tool with contract templates for the legal department, migrating existing contracts and setting up your organization in the tool.

To get the best out of your organization, we work with the largest law firms in the world to help you design the underlying business processes, user training, change management and communication.

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With our specially developed ‘Jump on Phase’, you can use LEDOX365 from the very first second in your tenant, as soon as it is implemented. Already during the configuration of the tool, together with our implementation team, you can start using LEDOX365 with your users and focus on user acceptance and training as well as standardization with contract templates.

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Artificial Intelligence is revolutionizing contract management by automating and optimizing various processes:

• Automated Contract Creation: AI can generate contracts based on predefined templates and specific requirements, accelerating the creation process and reducing errors.
• Contract Review and Analysis: Using Natural Language Processing (NLP), AI analyzes contracts for potential risks, inconsistencies, or missing clauses, helping to ensure compliance.
• Deadline Management: AI-powered systems monitor contract deadlines and send timely reminders to prevent any missed critical dates.
• Data Extraction: AI can extract relevant information and clauses from contracts, simplifying the management and analysis of large volumes of contracts.

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LEDOX³⁶⁵ leverages AI technologies to enhance the efficiency of the entire contract lifecycle:

• LEDOX³⁶⁵ AI Assistant: This assistant enables the secure application of AI to enterprise data, offering features like automatic contract summarization, analysis for completeness and potential risks, and generation of actionable recommendations.
• Automated Metadata Extraction: AI automatically extracts essential metadata from documents, significantly speeding up filing and migration processes.
• Automated Process Support: The AI enables automatic summarization of contracts in multiple languages during approval processes and automates the creation of letters and communications.
• Secure Integration: Through integration with Azure OpenAI Services, LEDOX³⁶⁵ provides a platform that is powerful, efficient, and secure.

With these AI-powered features, LEDOX³⁶⁵ helps organizations automate contract processes, minimize risks, and increase efficiency in contract management.

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