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CallidusCloud CLM is a cloud-based contract lifecycle management solution. Since it is not a CRM native application, approved users can upload and set up contract templates without having to wait on a CRM administrator or the IT department. The vendor’s value proposition says that by combining data that comes from contracts, they are able to provide a full end-to-end solution that provides a 360-degree view of an organization’s sales performance and customer status.
- Supported: Generate new contracts - Contract templates can be pre-loaded with different approval workflows assigned. Third-party contracts can be loaded by users to accelerate contract creation and negotiation.
- Supported: Concurrent redlining - No more e-mailing contracts back and forth, comparing contract versions, being concerned about edits being made without “track revisions” turned on, or sales reps combining conflicting edits from multiple people.
- Supported: Obligation management - Measure the value and risk of contracts, track attributes to measure contract health, set up alerts for milestones and renewals.
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