Contracts are the framework for every purchase a company makes, but contracting processes are often inefficient and completely disconnected from spend. Coupa Contract Management provides control and efficiency to your enterprise-wide contracting and seamlessly unifies it with core transactional spend.
Do more with less by automating your contract authoring, negotiation, storage, and post-execution management.
Reduce risk at the source with compliant contracts and closely monitor ongoing risk with portfolio-wide reports.
Operationalize your contracts to fully realize the negotiated prices and terms and get instant access to business-critical terms and obligations.
Customizable smart templates and clause libraries power an intuitive and dynamic “interview” for fast and secure creation of any contract type – no matter how complex – with built-in workflows for even greater risk mitigation.
Powerful workflows enable streamlined collaboration for internal contract approvals and negotiations right within the platform, ensuring strict controls and comprehensive audit trails.
With reviewer history, automatic redlines, and permissioned notation and approvals, easily track changes and maintain a complete audit trail.
A single global repository securely stores and manages your entire contract portfolio. Contract hierarchies and data roll-up functionality provides instant access to prevailing terms, allowing for even tighter monitoring of spend.
Pass contractual line items into your purchasing systems to ensure employees are buying off the contract with selected vendors.
Maintain tight control of contractual risk with data normalization, built-in risk scoring, and customizable reports.
Never miss a deadline or important event with highly configurable compliance rules providing automated reminders and alerts.
Capture and model the data from legacy and third-party contracts for unprecedented visibility across your entire portfolio. Smart Extract is available as an add-on to CLM Advanced.
A guide to contract lifecycle management and its effects on business spend management.
Get a deep dive into how the right technology can transform your Source-to-Contract processes.
An advanced guide for corporate boards and senior executives to assess contract risk and take action.