However, proper lifecycle management of large volumes of these contracts - creating, negotiating and storing - can be a thankless and demotivating task, with experienced and in-demand lawyers losing hours of the day to mundane contract administration and negotiating low value NDAs.
This process as a whole is often mismanaged, with legal and business functions working at odds with one another. The resulting bottleneck can lead to inefficiencies and retention issues and costs businesses hundreds of thousands in lost revenue or savings every year.
When revenue and retention are on the line, conventional strategies for contract management come up short. You need something more: Contract+