Migrating from Legacy CLM Systems to Modern CLM Platforms: Best Practices, Challenges, and the Role of Smart Agreements

Authors: Kiran Konakalla

DOI: https://doi.org/10.5281/zenodo.13995975

Short DOI: https://doi.org/g8n6nx

Country: USA

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Abstract: This paper discusses the challenges and advantages of migrating from legacy Contract Lifecycle Management (CLM) systems to modern platforms like DocuSign CLM or ICERTIS. It highlights the key difficulties encountered, especially when migrating under tight timelines, and the role of smart agreements that enhance contract management by tracking key clauses, automating workflows, and improving KPI monitoring. Strategies for efficient data migration, workflow mapping, and system integration with CRM platforms like Salesforce are presented, with a focus on avoiding common pitfalls during migration.

Keywords: CLM Migration, Salesforce Integration, Contract Lifecycle Management, Smart Agreements, Data Mapping, E-Signature, Workflow Automation, Legal Tech, Contract KPIs

Paper Id: 231327

Published On: 2022-09-06

Published In: Volume 10, Issue 5, September-October 2022

Cite This: Migrating from Legacy CLM Systems to Modern CLM Platforms: Best Practices, Challenges, and the Role of Smart Agreements - Kiran Konakalla - IJIRMPS Volume 10, Issue 5, September-October 2022. DOI 10.5281/zenodo.13995975

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