Request For Information For Contract Lifecycle Management Clm SolutionScope Of WorkThe Scope Of Work Is To Provide Information Regarding The Implementation Of A Clm Solution Which Includes The Following Automating The End The End Contract Lifecycle Process Including Initiation Of A Contract Contract Request Contract Creation And Drafting Using Predefined Templates Reviewing Of Contracts Approval Of Contracts Integrated Contract Repository Records Management Contract Performance Review And Monitoring Contract Expiration Notification Audit Trail Workflow Management E Signature Reporting Document Versioning And Sharing Contract Clause Library5 Business RequirementsThe Following Are The Key Requirements That The Service Provider Must Respond To Require The Ability To Initiate A Contract Following A Request Require The Ability To Create Contract Templates And Reusable Contract Clauses Require The Ability To Create New Contracts Search For A Contract View ContractDetails Update Contract And Delete Contracts Require The Ability To Review And Approve Contracts Require An Integrated Contract Repository To Store Contracts And Related SupportingDocuments Require The Ability To Review And Monitor Contract Performance Require The Ability To Send Reminders And Notifications On Contract Expiration Require The Ability To Define Workflows And Approval Require The Ability To Keep An Audit Trail And Contract Versioning Require Digital Signature Capabilities
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