Organizations realize 282% ROI

by streamlining their Contract Management.

Benefits include…

Contract Creation

Reduce the average time to put a contract in place from 2 weeks to

3 days

Contract Renewals

Reduce the average time to get your contract renewed from 1 week to

1 day

Revenue Improvement

Improve your Revenue from 6% annual growth to

14% Annual Growth

Highlights from:
The Total Economic Impact™ Of Conga Contracts
Cost Savings And Business Benefits Enabled By Improved Contract Creation And Management Solutions.
A Forrester Total Economic Impact™ Study Commissioned By Conga (September 2019)

Contract Lifecycle Management reimagined to accelerate your growth and reduce risks

What we can help you achieve

High Velocity Sales | Risk Management | Contract Automation

Our approach to Contract Lifecycle Management allows you to implement the best practices throughout your processes to (a) reduce the time it takes to generate, negotiate, and get agreements executed, (b) ensures you are using the latest version of approved legal clauses, (c) allows you to implement a self-service contracting model, where your sales/business teams can generate their own templates and conduct business uninterrupted, and (d) manage your business risks by tracking/analyzing/reporting on key contractual terms and financial metrics.

Request

  • Capture all the necessary information
  • Manage your workload
  • Set SLAs for your contract process
  • Leverage existing information

Draft

  • Leverage a Clause Library
  • Provide Alternate Clauses
  • Track deviations from standard language
  • Central Repository and version control

Internal Review & Approval

  • Collaborate internally with key stakeholders
  • Obtain necessary internal approvals
  • Enforce your Authorization Matrix
  • Reduce time to draft documents
  • Always use latest versions of legal language

Execution

  • Automatically send for execution
  • Parallel or serial approval chains
  • Capture additional information upon execution (write-back)
  • Native integration with leading e-Signature providers

Real Quantified Benefits (3-Year)

$492.3K

Contract creation time and cost savings

$443K

Contract renewal and revision time and cost savings

$649.7K

Business Impact on Revenue and Margin

Highlights from:
The Total Economic Impact™ Of Conga Contracts
Cost Savings And Business Benefits Enabled By Improved Contract Creation And Management Solutions.
A Forrester Total Economic Impact™ Study Commissioned By Conga (September 2019)

Key Benefits and Features

Conga Contracts provides valuable benefits to your organization

Conga Suite Contract Management
1

Contract Creation

Numerous features that speed up contract creation time, such as a clause library, drag-and-drop Microsoft Word add-in features, eSignature integration, easy access to a library of preconfigured contract templates, quick contract setup
2

Contract Revision & Renewal

Streamline contract renewals with easy- to-use tools available through Word add-ins and Salesforce processes
3

Contract Request & Delivery

Track all incoming requests for legal support and manage overall cycle time to deliver executed agreements. Provide a transparent process to review existing agreements and adhere with compliance and audit.
4

Reduce in-house legal needs

Contract management no longer requires a dedicated lawyer to review and process requests. Implement a self-service approach with approved legal clauses within a library.
5

Revenue Growth

Faster contract completion means organizations can take advantage of business partnerships and opportunities sooner, leading to increased revenue and margin.
6

Quality Standards maintained with AI

Additional Conga features include automated contract reviews that can notice hard-to-spot errors with much greater consistency — for example, a missing “not” would completely change the focus of a legal clause, but can be easily missed by a human reviewer.
Are you ready?

See it in Action!

We have built some great use cases and demos that will give you a realistic view of what you can expect in our solutions!