Recipe For A Failed CLM Implementation

Recipe For A Failed CLM Implementation

Selecting the right CLM can be tough. Companies often struggle to distinguish between providers and ensure smooth implementation. Let us guide you to make the perfect choice.

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What’s in it for you?

  • Common reasons for failed CLM implementations
  • Impact of failed CLM implementations
  • Steps to avoid CLM implementations failure
  • How overcome failed CLM implementation
  • What to do if your CLM isn’t right for you

Your journey towards better CLM implementation starts here

Gartner predicts that 50% of first-time CLM implementations will fail. 80% of respondents said they’d failed at least once to adopt new tech - 40% of those because implementation took too long; and 36% because the tech was too complicated to use.

Failed CLM implementation can stem from various factors, ranging from inadequate planning to lack of user training. This failure often results in a lack of use, which in turn, negates the potential benefits that a well-implemented CLM system can bring.

Efficient contract lifecycle management (CLM) can be a game-changer. That’s why so many organizations are eager to find and implement CLM technology, in the hopes of taking their internal contract management efforts from good to great.

Download our guidebook to delve deep into the reasons behind this common issue and explore ways to ensure successful CLM adoption.