The document discusses a contract lifecycle management software solution called PracticeLeague. It provides an overview of the key features of the software, including templates, clause libraries, email integration, version control, e-signatures, analytics dashboards, and automation of the contract creation, approval, execution, and renewal processes. The software aims to help large enterprises more effectively manage contracts throughout their entire lifecycle to reduce costs, risks, and improve decision making.

2. he Complete
Contract Lifecycle Management
Software Solution ForLarge Enterprises
Ini�ate – Execute – Manage – Analyze
Templates | Clause | Emails | Versions | E-Signatures | Documents | Analy�cs | Dashboards
Contract Lifecycle Management
Contracts are the fundamental building blocks of any enterprise for genera�ng revenue and managing the
bo�om-line. Every Contract provides cri�cal and high-value management informa�on that supports
strategic decision-making. The sheer volume and complexity of contracts in an organiza�on creates a
challenge to manage pre and post-execu�on tasks. Ineffec�ve management of contracts does not only
expose the company to a barrage of legal risks but also affects both top and bo�om lines.
Implemen�ng Contract Lifecycle Management (CLM) can lead to significant improvements in cost-
effec�veness and efficiency of the organiza�on. The Prac�ceLeague Contract Lifecycle Management
pla�orm ensures that every business can easily manage contracts throughout the en�re lifecycle, from
ini�a�on to termina�on. The Prac�ceLeague Contract Lifecycle Management pla�orm automates the
en�re contract management by turning documents into valuable data to help avert risks and ensure
compliance with contractual obliga�ons. It also assists in genera�ng contracts quickly and accurately by
leveraging your own pre-defined templates and clause library.
Prac�ceLeague Contract Lifecycle Management so�ware is helping many large enterprises across different
industries to simplify their contracts and improve their bo�om line.
Why automate your Contract Lifecycle?
According to research by the Independent Interna�onal Associa�on for Contract and Commercial
Management, on an average, organiza�ons stand to lose approximately 9.2% of their revenue because of
infec�ve contract management. Although, the poten�al for manual error with the voluminous amount of
data is always there, there are several reasons why contracts are difficult to manage by tradi�onal
prac�ces.
Contracts take a large amount of �me to dra�, nego�ate, execute, scan, file, store, and remembering
renewal dates which leads to gaps in capturing cri�cal informa�on and menial efforts in organizing.
Variable formats of informa�on management, especially pertaining to costs, receivables,
milestones, and renewals – which directly impact the top line of the organiza�on
Painstaking and �me-consuming approval processes for transac�ons and devia�ons which impact
customer experience and more �me on unproduc�ve follow-ups.
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The absence of auto-triggered reminders and early warning systems for key obliga�ons and
contractual compliances leading to business exposure to legal risks and non-compliance impac�ng
the success of the transac�ons.
Dependency on resources for informa�on storage, email archival and data management puts the
company in a tough spot during handovers and deadlines.
Amount of �me spent colla�ng data and preparing MIS reports leads to high-end and specialized
resources working on unproduc�ve tasks
Value-Addition with PracticeLeagueContract Lifecycle Management platform.
A research by the Aberdeen Group 1 clearly reveals that companies who automate their Contract
management tend to renew 69% of their contracts. The research also reveals an addi�on to 66% of
companies see the increased contract as major milestones, deadlines and alerts come at the right �me for
renewal or further process.
Prac�ceLeague CLM has improved the contract management process of Large Enterprises from various
industrial ver�cals and posi�vely impacted their revenue
Features of Prac�ceLeague CLM
Prac�ceLeague Contract Lifecycle Management is an integrated and sophis�cated off-the-shelf solu�on
that has evolved extensively with market feedback and adopted to the fast changing dynamics of the
market demand to become a fluidic, feature-rich pla�orm that can completely transform and streamline
your contrac�ng process.
1-2% Additional (New)
Contract Revenue30% Renewal Revenue
90-100% Compliance with
Regulatory Guidelines
50% Contract Negotiation
Cycle Time
10-30%Operating &
Processing Cost
75-90% Volume of
erronous Payments
Source: Goldman Sachs, Global Equity Research

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Centralized
Contract
Management
Streamlined
Requisition &
Approval
Process
Template
Manager &
Clause
Library
Automated
Contract
Creation
MS Word
Plug-in for
Vetting
Collaboration
with External
Parties
Email
Archiving for
Auto
Versioning
Smart Contracts
Leveraging
Blockchain
Technology
(Ethereum)*
Integration
with IBM
Watson AI
Engine for
Contract
Analysis*
Vendor
On-boarding
Hosting on
Microsoft
Azure
256-bit SSL
Encryption
on Cloud
On-premise
& Cloud
Model
In-depth
Analytics &
Management
Dashboard
Contract
Relationship
Management
Track Key
Terms and
Obligations
Single Touch
Point
Repository
Clause
Triggers/Aler
ts
Track
Contract
Renewals &
Expiry
OCR Plug-in
for Scanned
Documents
Contact &
Party
Management
Contract
Stage
Management
& Real-time
Updates
DocuSign®
Integration
for
eSignatures
Online
Collaboration
using MS
Office 365
Version and
Log
Management

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Streamline the entire Contract Lifecycle Management Process with PracticeLeague
Solution.
Project initiation/contract requisition
Standardise the flow of informa�on from one department to another and reduce the follow-ups and errors
Automated and rule-based approvals – easy email based approval process
Reduce errors, the �me is taken to approve transac�ons and also maintain an audit trail of all approvals
and comments
Instant contract generation using pre-defined templates
Reduce risk by enabling pre-defined templates and reduce TAT for genera�on of ini�al dra�s
Integrate with MS Word to access standard Clause Library
Reduce risk by enabling pre-defined templates and reduce TAT for genera�on of ini�al dra�s
Auto-archive email approvals and discussions during contract negotiations
Link email discussions with CLM for auto-archive ad-hoc approvals for devia�ons to maintain an audit trail
Version all drafts
Auto-version all dra�s using email archival to not only reduce �me but to also maintain a reference trail of
all transac�ons
Set-up reminders for missing scanned files related to each contract
Define custom stages of contracts to improve accountability and trigger system based escala�ons
Convert scanned contracts into readable files
Use OCR func�onality to convert scanned contracts into MS Word documents for searching and
referencing
Maintain a library of all active contracts
Search contracts with a few simple clicks and reduce dependency and to maintain a centralised repository
of all contracts
Manage key obligations and compliances
Copy and store all obliga�ons and compliances associated with every contract to reduce legal and business
risks
Track payment milestones and key tasks
Get system generated reminders for key milestones and tasks for successful delivery or comple�on of each
transac�on and for �mely realisa�on of payments
Manage renewals, expiry and termination of each contract
Get system generated reminders for all upcoming renewals to plan and prepare in advance and to avoid
loss of business
Get ready dashboards or generate on-demand reports
Get a macro or micro level view of all contracts and business performance with a few simple clicks

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Workflow
Architecture & Integra�on
Prac�ceLeague Contract Lifecycle Management pla�orm provides a configurable, scalable and integrated
architecture to help enterprises easily adapt and streamline their contractual obliga�ons.
Integrations:
1. Microsoft Office 365
Generate contracts from pre-defined templates in Microso� Office 365
Dra� and review agreements and contracts in Microso� Word with access to clause library
Microso� Excel is integrated for bulk updates and ac�ons on agreements and associated
documents
Outlook integra�on ensures every review, changes, nego�a�on, updates et al is mapped to
the respec�ve Contract
Contract Request
Authoring
Negotiation & Collab-
oration
Review & Approval
Execution
Obligation Manage-
ment
Amendment
Expiration &
Renewal

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2. Microsoft Word Plug-in
Genera�ng templates for Contracts in Microso� Word
Access to Clause Library to create Templates
Sending Contracts for reviews to internal and external users
Protec�ng certain parts of the document by hiding informa�on
3. CRM (Salesforce/Microsoft Dynamics)
Generate requests and contracts in your CRM and sync with Prac�ceLeague Contract
Lifecycle Management Pla�orm
Automa�c changes across both the pla�orms
Stay up-to-date with no�fica�ons on contract milestones
Gain visibility of the contract milestone
4. DocuSign
Electronically sign contracts using your integrated DocuSign account
AI Enabled & Smart Contracts
Contract in a business is a knowledge repository that contains cri�cal data on organiza�onal
commitments, obliga�ons, rights, remedies, and rules that reflect business decisions made in the
past that will affect performance in the future. Without incorpora�ng huge amount of �me and
intelligence, this huge collec�on of data does not provide collec�ve insight that can be used by the
Enterprise to reduce risk and increase value for their business.
For ma�ers related to contracts and other documenta�on, an ar�ficial intelligence can scan
through the terminologies, policies, rights, condi�ons, and extract the right data to summarize and
derive insight. The machine takes li�le or negligible �me to understand your Business workflow, to
ensure every contract follows the diverse and streamlined rule to retain the business integrity.
Ar�ficial Intelligence will highly digi�ze legal technology and transform informa�on into a
structured data, which will derive risk factors adhering to compliance to avert while managing the
documents.
Using IBM Watson, Prac�ceLeague has created an advanced Ar�ficial Intelligence engine with most
powerful cogni�ve ar�ficial intelligence, machine learning and natural language processing
capabili�es. Prac�ceLeague is integrated with Contract Lifecycle Management system to provide an
AI powered, end-to-end intelligent pla�orm.

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Prac�ceLeague AI enables enterprises to transform their current manual processes to highly efficient AI
powered automated processes.
AI Enabled & Smart Contracts
Enterprises can use the augmented intelligence to create, plan, predict, strategize and op�mize decisions
at improved efficiency and effec�veness level of their business. Repeated or complex matrices of
informa�on are recorded to make the future process easier. Hence, equipping the Enterprises to stay on
top of the produc�ve curve.
Collabora�on
Prac�ceLeague Contract Lifecycle Management System Collaborates with various departments on a single
pla�orm to maintain, transparency, easy workflow and a single engagement pla�orm.
AI Enabled
& Smart
Contracts
Extract unstructured data from
contracts to Intelligent
information
Manage workflows and
approvals
Summarize, Analyze and
derive key intelligence to
identify critical risks and latent
opportunities
Recommending missing
clauses or finding clauses in
the proposed contract that
might put you in financial risk
Actionable insights on
the obligations or benchmarks
within the contracts
Build a high-level knowledge
repository to gain profound
intelligence of the enterprise

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Collabora�on
Benefits
The Prac�ceLeague Contract Lifecycle Management Pla�orm increases the efficiency of the team and
standardizes the contractual process in an organiza�on. The solu�on also increases the visibility of the end-
end spectrum of the contracts to mi�gate risks and adhere to compliance in turn helping the organiza�on
to be cost effec�ve. The Prac�ceLeague Contract Lifecycle Management pla�orm acts as a centralized
repository of data and create a single engagement pla�orm for the en�re team.
Legal HRIT
FinanceSales
Procure-
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Additional Benefits:
With Prac�ceLeague CLM solu�on, Businesses can measure, control and analyze all contracts and ensure
�mely remedia�on of any gaps before damage to the business. The Prac�ceLeague CLM pla�orm will help
in running effec�ve opera�ons in a cost and �me controlled environment and understand the efficacy of
each contract and its effect on the business.
Unified Dashboard
for all Metrics
Accessible
Globally
View and Create
Contracts Anywhere
Early Warning
Reminders
Save Time / Efforts
and Reduce Errors
Instantly Generate or
Amend Contracts
Enforce Policies
with Audit Trail
Reduce Avoidable
Costs & Mitigate
Legal Risks
Automate Reporting &
Improve
Decision-making
Search and Locate
Documents Easily
Avoid Contractual
Non-Compliances
Reduce TAT,
Follow-ups and Costs
Centrally Archive all
Emails and Contracts
Search Important
Terms & Key
Obligations

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About Prac�ceLeague
Revolu�onizing The Digital Connect Between Business & Law
We provide an Intelligent and Unified pla�orm for the Enterprise Legal Ecosystem driving Digital
Transforma�on to the next level. Prac�ceLeague helps entwine legal efficiency and cost-effec�veness with
complex end to end business opera�ons with the sheer power of simplicity, speed and innova�on driving
today’s quintessen�al compe��ve edge and the highest standards of corporate ethics.
What We Do
Prac�ceLeague Ecosystem focuses on integra�ng Enterprise Legal Management to the core of Integrated
Risk Management in alignment with the evolving role of Corporate Legal.
The Prac�ceLeague ecosystem brings all en��es of business and legal ecosystems on a virtual grid
empowered with Ar�ficial Intelligence, Blockchain and Secured Cloud for seamless exchange of data,
execu�on of processes and predic�ve management with real-�me visibility and control.
The ecosystem empowers Legal to collaborate with three key stakeholder communi�es in the ecosystem,
business, authori�es and professional services partners to deliver on organiza�onal compe��ve edge and a
strong corporate iden�ty. The pla�orm offers opera�onal analy�cs to sustain innova�on con�nuum,
orchestrates predic�ve insights from cross-func�onal prac�ces for richer business context and ensures
compliance with regulatory and statutory standards and internal policies.
Prac�ceLeague LegalTech is a well-established and fast growing Startup with a con�nuous endeavour to
redefine complexi�es in enterprise legal opera�ons with the power of “Innova�on with Simplicity”.
sales@Prac�ceLeague.com
+9199 2222 2260