What is CLM Maturity Assessment?
It is a process of evaluating the maturity of your as-is contracting process and comparing it with the industry benchmark.
Why do this assessment?
This assessment exercise, created by CLM industry experts, is designed to help organizations evaluate their current contracting processes, whether they utilize a Contract Lifecycle Management (CLM) tool or rely on more traditional methods. By examining key aspects of contract management, such as collaboration, approval workflows, compliance, and data security, this assessment provides a comprehensive understanding of the maturity and effectiveness of your contracting practices.