• Map your process first. Before implementing a CLM system, spend some time doing some prep work to document your existing workflows, consolidate contract templates, and map processes. Skillsoft reduced their contract templates from 35 to 10, creating a clear roadmap for digital transformation.
• Align your stakeholders for success. Successful implementation requires buy-in from legal, sales, and revenue operations teams. Identify a champion who can coordinate across functions and plan implementation around each team’s business cycles.
• Define clear success metrics from day one. Identify a few core metrics that matter most to your stakeholders like contract turnaround time, self-service contracting, or exceptions requiring legal review. Measure your baseline before implementation so you can demonstrate concrete improvements.
• Plan ahead for accelerated contract processes. Faster contract processes may impact other business areas–in Skillsoft’s case, areas like fulfillment. Planning for scaling and supporting that increase across the organization can help prevent potential bottlenecks before they occur.

Interested in seeing how Ironclad can help you speed up your procurement contracts? Talk to one of our digital contracting specialists and get a custom demo.