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SpringCM Launches Enhanced Clause Library to Boost Legal Team Efficiency and Accuracy

September 10, 2015

Feature Serves Up Pre-Approved Standard and Alternative Clauses, Streamlines the Creation and Negotiation of Contracts

CHICAGO, IL — SpringCM, the five-star rated document and contract management solution for Salesforce.com, today released an update to its clause library feature that further enhances management of contract templates and commonly used legal language.

This enhancement delivers even more control to users and simplifies the creation of contract templates. The SpringCM Clause Library 2.0 allows for pre-approved standard and alternative clauses to be easily inserted and swapped into a contract directly from a centralized, controlled clause library. Additionally, administrators can include ‘help’ text within the library so teams know when to use a fallback versus standard clause while building the contract.

SpringCM customers use the Clause Library 2.0 to:

  • Control frequently changing clauses and terms
  • Govern clause and term use across different geographies and languages
  • Manage risk by avoiding incorrect use of clauses and terms
  • Prevent business departments from “going rogue” on clause and term use
  • Track clause and term use for audit and compliance
  • More easily analyze clause and term performance across contract types

Benefits include:

  • Saving time – Reduce manual copying/pasting and the associated hours by using a standardized, centralized clause library tied directly to your contract templates
  • Reducing risk – No longer worry about copying/pasting errors or the mistaken use of outdated clauses and terms
  • Optimizing performance – Ensure that your company retains a position of power and that negotiations remain standard to policy

“Clause libraries are an essential resource as organizations grow in size and engage in more complex contracts,” says Steven Jones, vice president of product development at SpringCM. “These enhancements deliver best-in-breed capabilities so SpringCM customers can realize maximum control and efficiency in their contract process.”

Businesses interested in learning how SpringCM helps shorten contract cycles and speed time to- revenue may visitwww.springcm.com and connect with SpringCM:

About SpringCM:

SpringCM is a secure cloud platform that manages contracts and all types of documents seamlessly across desktop, mobile and partner applications like Salesforce. SpringCM goes beyond standard contract and document management with advanced workflows that automate manual tasks and complex processes to shorten contract cycles from weeks to days and speed time-to-revenue. Every day more than 400 organizations, including best-in-class companies like NCR, Blue Cross Blue Shield, and Wolters Kluwer, use SpringCM to streamline internal Sales and Legal operations, improve the customer experience and get more done, faster.

SpringCM is backed by over $50 million from venture firms including Foundation Capital, North Bridge Venture Partners and Bluestem Capital.

Contact:

Annie Elzey
SpringCM
+1 (815) 383-8835
aelzey@springcm.com