Contract Lifecycle Management (CLM) Product

Most contract pipelines still live in shared inboxes, redlined Word docs, and a handful of folders no one fully owns. SmartSuite's Contract Lifecycle Management solution centralizes the entire contract lifecycle, from intake through drafting, negotiation, approval, execution, and renewal, in a connected platform that legal, procurement, finance, and business teams can all work in.
‍

Key highlights

• End-to-End Contract Lifecycle Management: Run intake, drafting, negotiation, execution, and renewal from a single system of record.
• Centralized Contract Repository: Maintain a single source of truth for agreements, amendments, obligations, and approval workflows across the organization.
• Workflow Automation and Collaboration: Streamline contract intake, drafting, negotiation, and approval routing with automated workflows and structured collaboration.
• Obligation and Renewal Tracking: Track commitments, milestones, renewal dates, and expirations with automated reminders so nothing slips.
• Connected Counterparty View: Link contracts to related companies, contacts, vendors, and exceptions for full visibility into dependencies and risk.
• Dashboards and Reporting: Get real-time visibility into contract pipeline, cycle times, bottlenecks, high-risk agreements, and outstanding obligations.
  ‍

How it works

• Contract requests are submitted through structured intake workflows that capture contract type, counterparties, and business context up front.
• Teams collaborate on drafting, reviewing, and negotiating contracts inside structured workflows with the right reviewers looped in at the right stage.
• Contracts are routed for approval based on predefined hierarchies, executed, and centrally tracked along with every version and signoff.
• Contract records are connected to companies, contacts, obligations, and exceptions so dependencies and risk are visible at a glance.
• Teams monitor commitments, milestones, and renewal timelines through automated reminders and dashboards to keep compliance on track.
• Optional AI features can draft language, flag risky clauses, summarize terms, and surface renewal exposure, with human review retained throughout.
  ‍

Contract owners get a connected, defensible record for every agreement, every obligation, and every counterparty, with the cycle-time and risk visibility legal and finance teams have been asking for.