What Does CLM Mean?
CLM stands for Contract Lifecycle Management, which refers to the process of managing contracts from creation to execution and eventual renewal or expiration. It involves tracking performance, compliance, and other contract-related activities to improve efficiency and reduce risks.
Synonyms for CLM
Contract Management
Agreement Oversight
Document Administration
Deal Monitoring
Contract Supervision
Contract Oversight
Agreement Lifecycle
Contract Governance
Antonyms for CLM
Contract Neglect
Agreement Mismanagement
Document Disorder
Contract Chaos
Contract Disorganization
Neglected Agreements
Unsupervised Contracts
Inefficient Management
Short Sentence Examples for CLM
CLM software streamlines the contract approval process.
Efficient CLM can save a business significant time and money.
The company uses a CLM tool to monitor agreement compliance.
CLM ensures all parties adhere to contract terms.
Automating CLM has improved the firm’s productivity.
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