Best Practices: Uncover The Full Potential Of Your CLM Implementation
Customers Are Leaving Money On The Table By Not Fully Implementing CLM
Fewer than one in five of all CLM customers we interviewed captures all the strategic values a CLM implementation can bring.
Engage Early With Stakeholders And Manage Their Expectations
It’s critical to start working with general counsel and other key stakeholders early on when you start developing your business case. Having a holistic plan that ties benefits to stage and to stakeholder will keep the implementation on track.
Have A Solid And Funded Business Case That Drives The Later Stages Of Implementation
More than 70% of CLM customers we interviewed stopped at stage 2 of the implementation. Having funds, resources, and support enables the latter stages of CLM optimization.
*Forrester Report from September 2016