I’ve been researching the Contract Life Cycle Management (CLM) ecosystem which has started to overlap the Enterprise Content Management (ECM) ecosystem. In yesterday’s post, I grouped the CLM vendors into three categories based on the level of their out of the box functionality. But I really can’t give a perspective on CLM without addressing a custom CLM solution built on an ECM platform.
So what does a custom CLM solution on an ECM platform look like? ECM platforms, especially those that include compound document support, can easily support everything from contract drafting to obligation tracking. Here are the additional features that would be in the CLM solution you could build on an ECM platform. Continue reading “Building a Custom Contract Life Cycle Management Solution on ECM”