Marshfield Consulting

Contract management shouldn't operate in isolation from your other business systems. Siloed systems—where sales, procurement, legal, and finance work within disconnected platforms—create slower deal cycles, compliance risks, and avoidable errors. By integrating Contract Lifecycle Management (CLM) solutions with enterprise systems like Salesforce, SAP, and Microsoft Dynamics, businesses can dismantle silos, streamline workflows, and gain better visibility into contract data. System integration isn't just a technical upgrade; it's a strategic advantage. It’s all explained in our new blog article. https://lnkd.in/ggjFCQ-F #CLO #LegalRisk #CLM #CorporateLegal #MarshfieldConsulting

Most businesses don’t realize how much time and money they lose due to inefficient contract management—until they quantify it. How long does it take your team to finalize a contract? How often do deals stall in negotiations? How easy is it to retrieve a contract when needed? Many companies struggle with visibility and efficiency in their contract processes. This guide breaks down how to assess whether CLM software is the right move for your organization https://lnkd.in/g-54MAns #ContractManagement #Automation #Compliance #Marshfield Consulting

Ever signed a contract you didn’t fully understand? Contracts should bring clarity, not confusion. Yet too often, they do the opposite. Legal jargon, misaligned expectations, and scattered communication slow down deals and create unnecessary risks. When teams don’t fully understand contract terms, it can lead to disputes, compliance issues, and missed obligations. Better contract communication starts with: ✅ Clear, easy-to-read dashboards that present contract data in a digestible way ✅ AI-powered tools that summarize contract terms in plain language ✅ Real-time collaboration so legal, sales, and procurement teams stay aligned When everyone understands the contract, deals move faster, risks decrease, and relationships strengthen. Stronger communication means stronger contracts. CLM makes all of this possible. #ContractManagement #ContractClarity #Communication #MarshfieldConsulting

Signing a contract is just the beginning. The real challenge? Making sure every obligation is met. What if tracking contract obligations was effortless? Too many organizations rely on manual tracking—digging through PDFs, chasing deadlines, and hoping nothing falls through the cracks. But missed obligations lead to penalties, compliance risks, and lost revenue. Modern contract management solutions: 💡 Use AI and natural language processing (NLP) to extract key terms automatically 💡 Set up alerts for critical deadlines and milestones 💡 Centralize obligation tracking in a real-time dashboard When obligations are managed proactively, not reactively, compliance improves, risks decrease, and contracts deliver the value they were meant to. #ContractManagement #Automation #Compliance #Marshfield Consulting

CLOs used to be the company’s safety net. Now, they’re shaping business strategy, influencing deals, and enforcing compliance. The role has evolved: 🔹 70% oversee compliance, risk, privacy, or ethics 🔹 58% are involved in M&A and corporate transactions 🔹 44% influence overall business strategy But how can they manage all this while drowning in contract complexity? CLM allows CLOs to move from reactive to proactive, focusing on growth instead of contract chaos. If your contracts aren’t under control, neither is your business. Contact us for CLM expertise. #LegalOps #CLM #Contracts #CLO #MarshfieldConsulting Source: 2025 Association of Corporate Counsel Chief Legal Officers Survey, Key Findings

No two deals are the same, so your contracts shouldn’t be either. What if your contracts seamlessly adapted to your deals? A flexible clause library makes this possible. Instead of one-size-fits-all, CLM tools allow teams to: ⏺️ Select the right clauses dynamically, based on contract type, region, or risk level ⏺️ Reduce legal back-and-forth with pre-approved language for different scenarios ⏺️ Give business teams the autonomy to draft contracts while staying within guardrails It’s the best of both worlds: speed without sacrificing compliance. Negotiations that move, instead of stall. How adaptable is your contract process? Does it feel like you’re reinventing the wheel every time? We can help. #ContractTech #LegalTech #CLM #MarshfieldConsulting

If sales, procurement, and legal all dread your contract process—something’s wrong. Complex workflows and endless approvals slow down deals. Simplifying contracts helps businesses close faster without adding risk, resulting in: ❇️ Standardized contract language that’s clear, consistent, and easy to understand ❇️ Automated approvals that cut unnecessary back-and-forth ❇️ Fewer administrative roadblocks so deals move faster When contracts are simplified, structured, and streamlined, businesses operate with less friction and more speed—without sacrificing compliance. Contact us for assistance. #ContractManagement #Efficiency #Automation #MarshfieldConsulting

Managing contracts the old way is costing your company more than you think. Businesses investing in modern contract management are increasing revenue, reducing costs, and staying ahead. Here are just a few of the ways that CLM achieves these results: ➡️ Enhanced data visibility and management ➡️ Streamlined data flows ➡️ Better integration across systems Our new blog article explores all 10 ways that CLM reduces costs and accelerates revenue. Read it here. https://buff.ly/3EXBn4i

How much revenue, efficiency, and compliance is lost when contract data operates in silos? When contracts don’t sync with CRM, ERP, and procurement tools, businesses deal with delays, errors, and compliance risks. Integration isn’t a luxury—it’s a growth strategy. Isolated contract data means: ❌ Quote-to-cash delays because contracts aren’t linked to sales systems ❌ Procurement bottlenecks from disjointed supplier agreements ❌ Missed compliance risks due to lack of ERP integration Connected contract data means: ✅ Faster deal cycles by syncing contracts with sales platforms like Salesforce ✅ Stronger supplier relationships with procurement system integration ✅ Improved compliance and oversight through ERP connectivity Contracts are data-rich assets that fuel business success. When they flow freely across systems, organizations operate smarter, faster, and with fewer risks. Contact us for CLM expertise. #CLM #ContractManagement #BusinessStrategy #MarshfieldConsulting

Your contracts know more about your business than you do. Here’s how contract analytics can help you cut costs, reduce risk, and drive smarter decisions. ✅ Proactive Risk Management – Spot potential risks early by analyzing historical trends. ✅ Performance Tracking – Measure contract effectiveness with KPIs and ensure agreements deliver value. ✅ Cost Optimization – Identify inefficiencies that may be draining resources and revenue. Contracts are rich sources of business intelligence, but many organizations treat them as static documents instead of valuable data assets that can inform strategy and drive growth. By centralizing contracts in a CLM system, raw contract data becomes actionable insights. From identifying renegotiation opportunities to spotting trends in renewal cycles, contract analytics empower businesses to make smarter, data-driven decisions. Is your organization tapping into the full potential of its contract data? 🚀 #CLM #ContractManagement #DataDriven #MarshfieldConsulting